Dedicated Bank Account definition

Dedicated Bank Account means the current bank account in which your Direct Payment is paid EXAMPLE
Sample 1Sample 2
Dedicated Bank Account means the account described in clause 13(b) of this Schedule 7.
Sample 1

Examples of Dedicated Bank Account in a sentence

  • Each installment shall be made by RB to the Grantee’s Dedicated Bank Account established for the project upon verification and approval of Financial and Narrative reports by the Implementing agency and RB as described below.

  • Based on prior review by Range, Class Counsel and their experts, and by approval of the Court, Class Members will be assumed to be those persons in the most recent and reasonably available royalty pay deck during the Claim Period for each Class Well after first excluding persons who have opted out of the Class or are excluded under the terms of the class definition.

  • If the both the department’s and dean’s recommendations are negative, the packet does not progress to the PRC and the dean notifies the candidate of the final decision in writing within ten days of receipt of the knowledge that the final decision has been made.

  • The Bank of Khartoum will take steps to transfer the funds into the GoS treasury single account through a Dedicated Bank Account to support the financing of the budget.

  • It has been suggested the car could give SP members a ride home if they are unable to drive their car home, and to have the officer escort ladies to or from their cars to the building.We are trying to come up with incentives for businesses and multiple dwellings to become members of the Security Patrol.2. Dedicated Bank Account – Anda Olsen said the Board would like to propose opening a dedicated checking account for the Security Patrol.

  • The Contract describes the roles and responsibilities of each side and also the payment terms.Before contracting successful applicants are requested to provide prove on fulfilment of co-financing requirements (at least 30% of the Project eligible costs) by providing bank statements of the applicant’s company on availability of corresponding amount of co-financing on Project Dedicated Bank Account.

  • Disbursements of the Grant funds are possible after opening a Dedicated Bank Account in the financial institution acceptable to the PIU (MID) (MID).

Related to Dedicated Bank Account

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • 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.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • Direct Account : means any Account which is not an ISA Account.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Property Account has the meaning set forth in Section 2.8(c).

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

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

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Lockbox Bank means a depository institution named by the Servicer and acceptable to the Controlling Party.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

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

  • Special Sub-Custodian Each such duly appointed Special Sub-Custodian shall be listed on Schedule D hereto, as it may be amended from time to time by a Fund, with the acknowledgment of the Custodian. In connection with the appointment of any Special Sub-Custodian, and in accordance with Special Instructions, the Custodian shall enter into a sub-custodian agreement with the Fund and the Special Sub-Custodian in form and substance approved by such Fund, provided that such agreement shall in all events comply with the provisions of the 1940 Act and the rules and regulations thereunder and the terms and provisions of this Agreement.

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.