Cash Account definition

Cash Account has the meaning set forth in Section 2.1(a)(ii).

Cash Account has the meaning given to it in Section 4.1.

Cash Account or “Cash Accounts” means any or all of the segregated trust accounts to be established at the Custodian to which the Custodian shall deposit or credit and hold any cash or Proceeds received by it from time to time from or with respect to the Securities or the sale of the Securities of the Company, as applicable, which trust accounts shall be designated the “Cash Proceeds Account”, “Principal Account”, and “Interest Account”.

Examples of Cash Account in a sentence

• The Custodian shall identify on its records each Custody Account and Cash Account in the name of the Client or such other name as the Client may reasonably designate.

• The Client and the Custodian agree that the location of the Custodian specified in this Agreement is the sole location of the Custodian for performance of any obligation under this Agreement including the location of the Custody Account and Cash Account (unless otherwise specified by the Custodian).

• The Client agrees that the Custodian may at any time before final receipt, or if a Clearance System at any time reverses an applicable credit to the Custodian, reverse all or any part of a credit of cash to the Client and make an appropriate entry to its records including restatement of the Cash Account and reversing any interest paid.

• The Client agrees that it shall use any Cash Account only for deposits and funds transfers in connection with the Securities received, held or delivered for the Client by the Custodian or otherwise in connection with services provided by the Custodian under this Agreement.

• The Client instructs the Custodian to establish and maintain a Custody Account and a Cash Account.

More Definitions of Cash Account

Cash Account means the account in which the funds handed over by the client shall be held by the Portfolio Manager on behalf of the Client.

Cash Account means the account created by the Company pursuant to Article III of this Plan in accordance with an election by a Director to receive deferred cash compensation under Article II hereof.

Cash Account means the trust account to be established at the Custodian to which the Custodian shall deposit and hold any cash Proceeds received by it from time to time from or with respect to the Securities or the sale of the common stock of the Company, as applicable, which deposit account shall be designated the “Business Development Corporation of America II Cash Proceeds Account.”

Cash Account has the meaning set forth in Section 8.01.

Cash Account means an account established under the Plan for a Non-employee Director to which cash meeting fees and retainers have been or are to be credited in the form of cash.

Cash Account means each current account established by the Custodian for the Client for recording Cash under this Agreement.

Cash Account means the cash ledger of the Custody Account to which debits and credits are made in respect of security transactions and other deposits to said account and against which no withdrawal may be made by check or draft.