Covered Accounts definition
Covered Accounts means, collectively, the Collection Account, the Custodial Account, the Future Funding Reserve Account, the Interest Reserve Account, the Payment Account, the Lender Collateral Account and the Closing Expense Account and any subaccounts of each of the foregoing.
Covered Accounts means all persons, entities and accounts which you, your spouse or minor children own, or over which you exercise or substantially influence investment decisions.
Covered Accounts as defined at 16 CFR §681.2 (the “Red Flags Rule”); (g) credit and debit card numbers and/or access codes or other cardholder data and sensitive authentication data as those terms are defined in the Payment Card Industry Data Security Standards (“PCI DSS”);
Examples of Covered Accounts in a sentence
The Custodian and the Securities Intermediary shall be entitled to establish sub-accounts of the Covered Accounts as may be necessary for the administration of the Covered Accounts.
For the avoidance of doubt, (i) the Collateral Agent shall not seek to exercise exclusive control over the Covered Accounts at any time until it has been directed to do so by the Administrative Agent or the Majority Lenders, and (ii) the Administrative Agent and the Lenders shall not seek to direct the Collateral Agent to exercise exclusive control over the Covered Account at any time prior to the occurrence and continuance of an Event of Default.
More Definitions of Covered Accounts
Covered Accounts means each of the Collection Account, the Pre-Funding Account and the Custodian Account.
Covered Accounts means any securities accounts registered in any covered persons name, where they receive any direct or indirect beneficial ownership interest (including spouse, dependents in the same household, or persons under direct or indirect control).
Covered Accounts means the aggregate of an Access Person’s and his or her Covered Person’s Reportable Accounts.
Covered Accounts means a personal investment or trading account of an Access Person and certain other related accounts. Specifically, Covered Accounts includes: (i) trusts for which an Access Person acts as a trustee, executor, fund custodian or discretionary manager; (ii) accounts for the benefit of the Access Person’s spouse or minor child; (iii) accounts for the benefit of a relative living with the Access Person; and (iv) accounts for the benefit of any person to whom the Access Person provides material financial support. A Covered Account may also include an investment or trading account over which an Access Person exercises control or provides investment advice or a proprietary investment or trading account maintained for the Company or its Access Persons.
Covered Accounts means (i) securities accounts, wallets or keys for which TCM is a beneficial owner and maintain discretion, except for investment partnerships or other funds of which the adviser or any affiliated entity is the general partner, investment adviser or investment manager or from which the adviser or such affiliated entity receives fees based on capital gains, and/or (ii) or an Access Person (including household members of the Access Person) maintains a beneficial ownership interest and investment discretionary authority. "Covered Accounts", more specifically and for background purposes, encompass (1) "securities accounts" that hold financial assets such as "securities" as defined under "Covered Security", above, on behalf of an investor with a bank, broker or custodian; (2) "wallets" (whether "hot" or "cold"), which are hardware, software or even paper that let the investor store, access and manage crypto assets; and (3) "keys" (e.g., public keys, private keys), which are used in connection with the validation of ownership of an investor's crypto assets. (Note: The keys--for which a public key and a private key exists--work in tandem and enable the investor to access their crypto assets. The the public key identifies the "location" of the investor's wallet, and the individual uses it to receive or send crypto from or to another wallet address. While anyone can send transactions to your public key, you need the matching private key (or secret long alphanumeric code) to "unlock" them.)
Covered Accounts has the meaning set forth in Section 3.14(b).
Covered Accounts means all persons, entities and accounts which you or a member of your Immediate Family own, or over which you exercise or substantially influence investment decisions.