Designated Account definition

Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1.

Designated Account has the meaning specified in Section 1.2(c).

Examples of Designated Account in a sentence

• If the amount in the Designated Account or Reserve Account is not adequate, Merchant will pay Service Provider the amount owed to Service Provider upon demand, together with all costs and expenses incurred to collect that amount, including reasonable attorneys’ fees.

• The BESSD shall open a bank account (the “BESSD’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by SECI to the BESSD, and notify SECI of the details of such account at least ninety (90) Days before the dispatch of the first Monthly Bill.

• We shall have no liability to you for rejection of an ACH Entry and shall not be liable to pay interest to you even if the amount of your ACH Entry is fully covered by a withdrawable credit balance in your Designated Account or we have otherwise received full payment from you.

• Merchant authorizes Service Provider to initiate Debit/Credit entries to the Designated Account, the Reserve Account, or any other account maintained by Merchant at any institution, all in accordance with this Agreement.

• The Minimum Value of Applications is twenty percent of the Designated Account ceiling.

More Definitions of Designated Account

Designated Account means the Account designated by you (and which designation we have approved) for the time being for the purpose of carrying out Card Transactions.

Designated Account means account number 4122818118 of Borrower ------------------ maintained with the Designated Account Bank, or such other deposit account of Borrower (located within the United States) that has been designated as such, in writing, by Borrower to Lender.

Designated Account means (a) so long as the Administrator or one of its Affiliates is the sole Certificateholder, the account designated by such Certificateholder (which need not be under the control of the Paying Agent) and (b) at any time thereafter, the Certificate Distribution Account.

Designated Account means account number [**] of Borrower maintained with Borrower's Designated Account Bank, or such other deposit account of Borrower (located within the United States) that has been designated, in writing and from time to time, by Borrower to Agent.

Designated Account means that certain DDA of Borrower identified on Schedule D-1.

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Administrative Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrowers to Agent).

Designated Account means, with respect to transactions in U.S. dollars for the Borrower, the account of the Borrower maintained by the Administrative Agent at the Branch of Account for the purposes of transactions in such currency under this agreement.