Dedicated Account definition

Dedicated Account means a segregated account established and maintained in accordance with Article 8.
Dedicated Account means an account User sets up in order to use JetBrains Exception Analyzer.
Dedicated Account means the [ *** ]F, an insurance company separate account the assets of which are owned by Prudential. This separate account may only hold assets supporting the payment obligations of Prudential under this Contract. The assets of this separate account will be held by Prudential in one or more custody accounts at entities independent of Prudential that only hold assets allocated to this separate account. After consummation of a small account conversion in accordance with Section 1.10 (“Small Account Conversion”), the assets of this separate account shall be transferred to the Commingled Account.

Examples of Dedicated Account in a sentence

  • On or after the occurrence of an Event of Default, amounts on deposit in the Dedicated Account may only be used in accordance with Section 6.12 and only to pay the Obligations hereunder.

  • Prior to an Event of Default, funds deposited in the Dedicated Account (including any interest paid on such funds) may only be used in accordance with Section 6.12.

  • In the event of a Threshold Transfer, without the consent of Contract-Holder, any Covered Life, Contingent Life or Beneficiary, Prudential may transfer the assets held in the Dedicated Account to the Commingled Account, subject to the receipt of all necessary consents and approvals, including regulatory approvals (such as those relating to the transfer of assets in-kind from the Dedicated Account to the Commingled Account).

  • Notwithstanding the foregoing, during the term of the Loan and Security Agreement, the Seller shall deposit all funds received on account of the Participation Certificates into the Dedicated Account.

  • Seller absolutely, unconditionally, and irrevocably, shall make, or cause to be made, all payments required to be made by Seller hereunder whether or not sufficient amounts are on deposit in the Dedicated Account.


More Definitions of Dedicated Account

Dedicated Account has the meaning set forth in the Loan and Security Agreement.
Dedicated Account means an account in a financial institution, the sole purpose of which is to receive and maintain SSI past-due benefits which are required or allowed to be paid into such an account and the use of which is restricted by section 1631(a)(2)(F) of the Social Security Act (as in effect February 1, 2016March 1, 2014).
Dedicated Account means a separate account of the Host DGS, endowed with a BIC code, with either the central bank in the Host country, a Credit Institution or itself when it has such capacity, in order to receive and hold funds for making Repayments.
Dedicated Account means (i) during the term of the PMH Repurchase Agreement, the “Dedicated Account” as such term is defined in the PMH Repurchase Agreement, and (ii) after the termination of the PMH Repurchase Agreement and payment of all related obligations under the PC Repurchase Agreement, the PMH Custodial Account.
Dedicated Account means the dedicated deposit account referred to in Section I.D.1 of Schedule 1 to this Agreement.
Dedicated Account means a no-cost, interest bearing account, established with a lump sum payment of retroactive Supplemental Security Income payments for a child under 18 years of age received from the Social Security Administration that exceeds 6 months of benefits at the current rate.
Dedicated Account means an account (whether a current account or deposit account) opened and kept by a solicitor at a bank in his or her name designated for client moneys, controlled trust moneys, non-controlled trust moneys or insol- vency arrangement moneys received, held or controlled by him or her in respect of a specific client;.