Fee Payment Account definition

Fee Payment Account shall have the meaning specified in Section 3.8(a) of this Trust Agreement.
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Fee Payment Account means, if the Customer registers for the Services when using Mobile Banking, the default current/checking account registered by the Customer or, if the Customer registers for the Services by contacting the Contact Center, the current/checking account designated by the Customer.
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Fee Payment Account. With respect to each Series of Notes, the trust account established pursuant to Section 10.6.
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Examples of Fee Payment Account in a sentence

  • The Fee Payment Account shall be under the sole dominion and control of the Trustee for the benefit of the Depositor.

  • The Trustee shall possess all right, title and interest in and to all funds on deposit from time to time in the Fee Payment Account and in all proceeds thereof.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing expenses, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, as provided in Section 5.4 hereof.

  • If sufficient funds are not on deposit in the Fee Payment Account to reimburse the Trustee or the Administrative Agent for any taxes paid by either of them on behalf of the Up-MACRO Holding Trust, the Depositor shall reimburse the Trustee and the Administrative Agent therefor.

  • If sufficient funds are not on deposit in the Fee Payment Account to reimburse the Trustee or the Administrative Agent for any taxes paid by either of them on behalf of the Down-MACRO Holding Trust, the Depositor shall reimburse the Trustee and the Administrative Agent therefor.

  • If sufficient funds are not on deposit in the Fee Payment Account to reimburse the Trustee or the Administrative Agent for any taxes paid by either of them on behalf of the Up Trust, the Depositor shall reimburse the Trustee and the Administrative Agent therefor.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, ratably based upon the amount of the fees due to each of them (provided, that MacroMarkets LLC shall not waive the Down-MACRO Sublicensing Fee and amounts that Claymore Securities, Inc.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, ratably based upon the amount of the fees due to each of them (provided, that MacroMarkets LLC shall not waive the Up-MACRO Sublicensing Fee and amounts that Claymore Securities, Inc.

  • If sufficient funds are not on deposit in the Fee Payment Account to reimburse the Trustee or the Administrative Agent for any taxes paid by either of them on behalf of the Down Trust, the Depositor shall reimburse the Trustee and the Administrative Agent therefor.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing expenses, each of MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, as provided in Section 5.4 hereof.

Related to Fee Payment Account

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Prepayment Account means an account established by the Borrower with the Administrative Agent and over which the Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this paragraph (h). The Administrative Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account in Permitted Investments that are described in clause (a), (b), (c) or (d) of the definition of such term and that mature prior to the last day of the applicable Interest Periods of the Eurodollar Term Borrowings or Eurodollar Revolving Borrowings to be prepaid, as the case may be; provided, however, that (i) the Administrative Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Administrative Agent to be in, or would result in any, violation of any law, statute, rule or regulation and (ii) the Administrative Agent shall have no obligation to invest amounts on deposit in the Prepayment Account if a Default or Event of Default shall have occurred and be continuing. The Borrower shall indemnify the Administrative Agent for any losses relating to the investments so that the amount available to prepay Eurodollar Borrowings on the last day of the applicable Interest Period is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest earned on such investments, the Prepayment Account shall not bear interest. Interest or profits, if any, on such investments shall be deposited in the Prepayment Account and reinvested and disbursed as specified above. If the maturity of the Loans has been accelerated pursuant to Article VIII, the Administrative Agent may, in its sole discretion, apply all amounts on deposit in the Prepayment Account to satisfy any of the Obligations. The Borrower hereby grants to the Administrative Agent, for its benefit and the benefit of the Fronting Bank, the Swingline Lender and the Lenders, a security interest in the Prepayment Account to secure the Obligations.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Investment Account As defined in Section 3.12(a).

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Collection Account Agreement means an agreement in form reasonably acceptable to the Administrative Agent among Buyer, the Administrative Agent and a Collection Bank.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).