Donor Account definition

Donor Account means a User Account which has been supplemented with the indication of personal details of the Donor, his/her PCP, his/her selection of a method for Donation, and the indication of the payment method.
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Donor Account means each deposit account held by ADMA BioCenters Georgia Inc. and maintained with SunTrust Bank and 3Pea International, Inc., from which withdrawals are made solely for the purpose of compensating the Borrower’s blood plasma donors for blood plasma donations in the ordinary course of Bo▇▇▇▇▇▇’s business.
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Donor Account means each deposit account held by ADMA Bio Centers and maintained with SunTrust Bank and 3Pea International, Inc., from which withdrawals are made solely for the purpose of compensating the Borrower’s blood plasma donors for blood plasma donations in the ordinary course of Borrower’s business.
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Examples of Donor Account in a sentence

  • If the amount of available funds in your Donor Account exceeds the amount of debit transactions presented, then we will transfer the exact amount necessary from your Donor Account to cover all items presented.

  • If the amount of debit transactions presented exceeds the amount of available funds in your Donor Account, then we will transfer the amount needed to pay the checks and other debit transactions that we can.

  • The amount transferred from your Donor Account will depend upon the amount of the debit transactions presented against insufficient funds and upon the available balance in the Donor Account.

  • If you select a line of credit account as your Donor Account, funds are transferred in accordance with the terms and conditions of your Line of Credit Loan Note.

  • If a designated Gift Planner ends his or her employment with Provider, that Gift Planner's access to the Donor Account will be suspended (Donor may grant Account access to another Gift Planner working for Provider).

  • The Bank will first access the Donor Account for funds, and then the SPTC account, if the Donor Account is unable to satisfy the overdrafts.

  • If you select a line of credit account as your Donor Account, funds will be transferred in accordance with the terms and conditions of your Line of Credit Loan Note.

  • When you elect to use a line of credit or deposit account as your Donor Account, and ownership is different from your checking account, you agree that all joint signers on the account may process transactions that overdraw the account prompting a transfer of funds from your Donor Account.

  • When you elect to use a line of credit or deposit account as your Donor Account, and ownership is different from your checking account, or if ownership of the linked SPTC account is different from your checking account, you agree that all joint signers on the account may process transactions that overdraw the account prompting a transfer of funds from your Donor Account or SPTC account.

  • You agree that you will hold the Bank harmless for any transfer from your Donor Account and further agree that you will be liable for all amounts owed on your Donor Account, when the Donor Account is a line of credit account, even if you did not originate or gain benefit from the transaction that caused the transfer from your Donor Account.


More Definitions of Donor Account

Donor Account means that certain deposit account owned by ADMA Bio Centers, maintained with SunTrust Bank and having an account number ending in 8084.
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Donor Account shall have the meaning set forth in the Security Agreement.
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Related to Donor Account

  • Regular account means the account established for each active and inactive member un-

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Holding Account means an account:

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.