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

  • County shall give UDC no less than three banking business days notice if the Designated Account is to be changed so as to allow enough time for UDC to make the necessary system modifications.

  • Investor authorizes the Advisor, in its capacity as transfer agent of the Program, to redeem shares in Investor’s Designated Account for payment of the management fee to Advisor.

  • Notwithstanding the previous sentence, if (i) a holder does not have a Designated Account, or (ii) the principal amount of the Registered Notes held by a holder is less than U.S.$250,000 (or its approximate equivalent in any other Specified Currency), payment will instead be made by a cheque in the Specified Currency drawn on a Designated Bank (as defined below).

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

  • If sufficient funds are not available in Investor’s Designated Account, Investor agrees to compensate the Advisor from other sources within 30 calendar days of receiving an invoice.


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 [**] 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 account number 8188090603 of the Borrower maintained with Bank of America, N.A., or such other deposit account of the Borrower (located within the United States) designated, in writing, from time to time, by the Borrower to the Agents.
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 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 the Deposit Account identified on Schedule D-1.