Current Accounts definition

Current Accounts means an Account that arises from a bona fide outright sale of goods by Borrower, or from services performed by Borrower that is not subject to any claim of reduction, counterclaim, set-off, allowances, adjustments, or the like, and is not outstanding more than 60 days from the date of its invoice.
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Current Accounts means the Customer’s current account[s] with the Bank with account number[s] [Number] and sort code [Sort Code].]
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Current Accounts means the accounts opened in the Factor’s books in the name of each of the French Sellers and recording the amounts paid or payable by the Factor to each French Seller pursuant to the Agreement and those which are due for any reason whatsoever by each of the French Sellers.
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Examples of Current Accounts in a sentence

  • Our rights to close your account are set out in the General Terms and Conditions for Current Accounts and Savings Accounts.

  • For further information and how we provide you with information on transactions on your account please refer to the General Terms and Conditions for Current Accounts and Savings Accounts.Going paper-freeYou’ll receive your documents and statements by post unless you chose paper-free when you applied for your product or have switched to paper-free since opening your account.

  • For more information on any of these including details on when payments clear please refer to your General Terms and Conditions for Current Accounts and Savings Accounts, or ask a member of staff.

  • The Bank may at its discretion open deposit accounts other than Current Accounts of illiterate person.

  • We’ll communicate any changes to our Specific Conditions as set out in Condition 15.7 in Section 2A of the General Terms and Conditions for Current Accounts and Savings Accounts.


More Definitions of Current Accounts

Current Accounts. , shall mean the current accounts used for all payments of the Basket, including to or from the Fund, or with respect to any Forward Currency Agreement or any payments to or from Noteholders or for any fee payments to be made to the Issuer, with respect to each Series of Notes.
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Current Accounts means Borrower’s gross Accounts less all Accounts dated more than 90 days from the invoice date.
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Current Accounts is defined in Section 6.7(b).
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Current Accounts means each client of RS who is receiving temporary staffing services from RS as of the Closing Date.
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Current Accounts designates the internal accounts opened, for accounting purposes, by Eurofactor in the name of each Client and of the CMI, in view of recording transactions between Eurofactor, on one hand, and (i) each of the Clients and/or (ii) the CMI, on the other hand. For the avoidance of any contestations, “Current Account” designates one such internal account and, for Germany, does not mean “Kontokorrent” pursuant to the HGB German commercial code.
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Current Accounts acknowledging the assignment to the Purchaser of the credit balance in the Vendors' Current Accounts at Settlement.
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Current Accounts. Each PEO client of Sellers who is receiving PEO services, including payroll, from Sellers as of the Effective Date.
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