Domestic Accounts definition

Domestic Accounts means Accounts for which the account debtor has its principal place of business in the United States.

Domestic Accounts means Accounts with respect to which the Account Debtor maintains its chief executive office in the United States or is organized under the laws of the United States or any State thereof.

Domestic Accounts means, collectively with respect to any Credit Party, all rights to payment for goods sold or leased or for services rendered or to be rendered by such Credit Party, whether or not earned by performance, and all sums of money or other proceeds due or becoming due thereon, including, without limitation, all “accounts” (as defined in the UCC) of such Credit Party, whether secured or unsecured, now existing or hereafter created.

Examples of Domestic Accounts in a sentence

• Earnings Credits for Balances on Domestic Accounts Earnings credits will be reflected on the monthly custody bills as an offset to fees.

• Overdraft Balances on Domestic Accounts Overdraft amounts will be reflected on the monthly custody bills at the Fund level.

• To the best of Borrower’s knowledge, all signatures and endorsements on all documents, instruments, and agreements relating to all Eligible Domestic Accounts and Eligible Foreign Accounts are genuine, and all such documents, instruments and agreements are legally enforceable in accordance with their terms.

• Complete the Domestic Accounts section to add a domestic account.

• Domestic Accounts – Payment Plans have to be approved by a U.S Vice-President International Accounts – Payment Plans have to be approved by a Vice-President.

More Definitions of Domestic Accounts

Domestic Accounts means accounts owing by a Person (i) residing, located or having its principal activities or place of business in the United States of America, and (ii) subject to service of process within the continental United States of America.

Domestic Accounts means Accounts of Borrower with respect to which the Account Debtor: (a) maintains its chief executive office in the United States and is organized under the laws of the United States or any State thereof, (b) is the United States or any department, agency, or instrumentality of the United States, or (c) is any State of the United States.

Domestic Accounts means Accounts arising from account debtors located in the United States or Canada.

Domestic Accounts means all deposit, securities and other accounts of the Borrower and its Subsidiaries that are held in the United States.

Domestic Accounts means all accounts owing to Borrower or TNF Canada from account debtors located in the United States or Canada but excluding the --- --------- Intercompany Inventory Account.

Domestic Accounts are Accounts for which the Account Debtor has its principal place of business in the United States

Domestic Accounts means all accounts owing to TNFI, La Sportiva USA or (subject to the next sentence) TNF Canada, from account debtors located in the United States or Canada in which Collateral Agent maintains a first priority perfected security interest but excluding the Intercompany Inventory Account. Accounts owing to TNF Canada shall only be included in "Domestic Accounts" to the extent a first priority perfected security interest therein has been granted by TNF Canada to TNFI to secure the Intercompany Advance (which intercompany advance and accompanying security shall have been subjected to a first priority perfected security interest in favor of the Collateral Agent for the benefit of the Lenders).