Customer Payment Account definition

Customer Payment Account means the “Customer Payments Account” described in the Account Administration Agreement.
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Customer Payment Account means a data account in Our systems that is used to record transfers of funds by you to the Ixaris Segregated Bank Account.
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Examples of Customer Payment Account in a sentence

  • Pursuant to and subject to the terms of the Account Administration Agreement, on each Business Day all amounts constituting Collections on deposit in the Customer Payment Account are to be transferred by the Account Collateral Agent to the Collections Account.

  • Pursuant to and in accordance with the terms of the Account Administration Agreement, the Account Collateral Agent is to, upon receipt thereof, deposit in the Customer Payment Account the Collections received by it.

  • Rent shall be paid to Lessor by electronic funds transfer to Trinity Leasing Customer Payment Account, Wilmington Trust Company, ABA # 000-000-000, Account # 2860-4998, or at such other address as Lessor may specify by notice to Lessee.

  • Rent shall be paid to Lessor by electronic funds transfer to Trinity Leasing Customer Payment Account, Wilmington Trust Company, ABA # ________________, Account # ____________, or at such other address as Lessor may specify by notice to Lessee.

  • Any Customer Payment Account information that has been received in hard copy must be properly destroyed as soon as it has been entered into the software.

  • GX 70-28 (showing that between 2009 and 2012, over $3 million was moved out of the Customer Payment Account (Merrill 7968) into the Loan Account (Merrill 2023) that was established to satisfy a civil judgment against Dean Volkes and Guaranteed Returns); see also Mar.

  • GX 70-28 (showing that between 2006 and 2013, Defendants executed twenty transactions and moved over $20 million from an account identified as a Customer Payment Account (Merrill 7968) into Dean Volkes’s Personal Account (Merrill 8521)); see also Feb.

  • The Hauler further agrees to maintain the confidentiality of financial information, including Customer Payment Account information provided to it by Customers, and agrees that it will limit access to the Customer Account information to those directors, officers, employees, or Agents of the Hauler with a legitimate business need to access the data.

  • Indeed, in at least twenty instances, money was disbursed to Dean Volkes Personal Account (Merrill 8521) after first passing from the General Operating Account(Citibank 3981) to the Customer Payment Account (Merrill 7968), that was used to hold and then distribute funds to Guaranteed Returns’s customers.

  • Phone calls in which Customer Payment Account information is communicated may not be recorded.

Related to Customer Payment Account

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Collection Accounts As defined in Section 3.10(a).

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.