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 all Accounts arising from sales to Customers that (i) maintain their chief executive office in the United States of America, or (ii) are organized under the laws of the United States of America or any state thereof, or (iii) is the government of the United States of America or of any state, municipality, or other political subdivision 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.

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

• 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.

• At this time a similar amount is released from the deferred tax asset to offset the current tax credit, received in the period of exercise, in the income statement.

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

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

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 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 means all accounts receivable of the Borrowers and the Domestic Subsidiaries, or any of them, with respect to which the account debtor is domiciled or doing business in the United States of America.

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