Existing Bank Account definition

Existing Bank Account means Borrower’s account identified on Schedule 3.1(m).
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Existing Bank Account means each of the Master Tenants’ accounts identified on Schedule 3.1(n) of this Agreement. “FDIC” means the Federal Deposit Insurance Corporation and its successors.
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Existing Bank Account means an account held by you in Australia with another financial institution acceptable to us and nominated by you in accordance with these conditions.
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Examples of Existing Bank Account in a sentence

  • As described more fully in the Debtors’ Emergency Motion for Entry of Order (I) Allowing Debtors to Temporarily Use their Existing Bank Account (II) Granting a 45 Day Extension for Debtors to Comply with the Operating Guidelines and Reporting Requirements for Debtors in Possession and (III) Granting Related Relief [Docket No. 13] (the “Cash Management Motion”), BRI maintains the Debtors’ main operating account, which receives and disburses funds, as necessary, to accounts maintained at the various Debtors.

  • Borrower has no other deposit or securities other than the Accounts and the Existing Bank Account.

  • As described more fully in the Debtors’ Motion for Entry of Order (I) Allowing Debtors to Temporarily Use their Existing Bank Account (II) Granting a 45 Day Extension for Debtors to Comply with the Operating Guidelines and Reporting Requirements for Debtors in Possession and (III) Granting Related Relief [Docket No. 7] (the “Cash Management Motion”), BRI maintains the Debtors’ main operating account, which receives and disburses funds, as necessary, to accounts maintained at the various Debtors.

  • Establish or maintain any deposit or securities account other than the Accounts and the Existing Bank Account.

  • CANCELLATION REQUEST (Tick any one)SIPSTPSWP Scheme /Plan / Option To Scheme(For STP Only) Instalment DetailsInstalment Amount (`) Existing Bank Account Number (only for SIP) Instalment Date Frequency DECLARATION: I/We hereby declare that the particulars given in this mandate form are correct and express my willingness to make payments towards invest-provisions of Foreign Contribution Regulations Act (“FCRA”).

  • The Debtors also sought “first-day” relief by filing a Motion for Joint Administration of their estates [ECF No. 5], a Motion to Authorize the Debtors to (i) Continue Use of Existing Cash Management System, (ii) Maintain Existing Bank Account and Business Forms, and (iii) Granting Related Relief [ECF No. 12]; and a Motion to Authorize the GS Energy LLC to Make Royalty Payments in the Ordinary Course [ECF No. 13].

  • Debtor filed a Motion Pursuant to Sections 105(A), 345 (B), 363 (C) and 364 (A) of the Bankruptcy Code for (I) Authority to Continue to Use Existing Cash Management System, (II) Authority to Maintain Existing Bank Account and (III) A Waiver of the Requirements of Section 345 (B) of the Bankruptcy Code.


More Definitions of Existing Bank Account

Existing Bank Account means the bank account of the Issuer bearing account name “Embassy Office Parks REIT NCD 2019” and account number 50200038880382 opened by the Issuer with the HDFC Bank Limited.
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Existing Bank Account means each of the Master Tenants’ accounts identified on Schedule 3.1(n) of this Agreement.
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Related to Existing Bank Account

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Financial institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).