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.