French Accounts definition

French Accounts means the accounts established and maintained in the name of French FleetCo.
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French Accounts the audited balance sheet of the French Subsidiary made up as at the Balance Sheet Date and the unaudited profit and loss account of the French Subsidiary for the year ended on that date, and the notes, reports, statements and other documents which are annexed to the accounts of the French Subsidiary;
Sample 1
French Accounts means the accounts established and maintained in the name of French FleetCo. “French Administration Agreement” means the French administration agreement entered into between French FleetCo, the French Administrator and the French Security Trustee dated on or about the Signing Date. “French Administrator” means Hertz France S.A.S., a company incorporated as a société par actions simplifiée under the laws of France, registered with the Commercial and Company Registry of Versailles under number 377839667, whose registered office is at 1/3 avenue Westphalie, Xxxxxxxx Xxxxxx 0, 00000 Xxxxxxxx Xx Xxxxxxxxxx, Xxxxxx. “French Administrator Default” has the meaning specified in Sub-Clause 9.2 (Term of Agreement; Removal of French Administrator) of the French Administration Agreement. “French Administrator Termination Notice” has the meaning given to it in Sub-Clause 1.3 (French Back-Up Administrator) of the French Account Bank Agreement. “French Aggregate Asset Amount” means, as of any date of determination, the amount equal to the sum of each of the following with respect to French FleetCo:
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Examples of French Accounts in a sentence

  • In the event that Purchaser or any of its subsidiaries receives any payments in respect of the French Accounts Receivable, Purchaser or the applicable subsidiary shall promptly forward all cash or other property directly or indirectly received by Purchaser or such subsidiary, including any amounts payable as interest, to the applicable Seller Entity or third party designee, if any.

  • Purchaser shall not, and shall not permit any of its subsidiaries to, interfere with any action taken by a Seller Entity to collect amounts due in respect of the French Accounts Receivable, including contacting customers of Milacron France SAS in connection with such collections.

  • In assessing the liability of the Vendor in respect of a Relevant Claim there shall be set off against the amount of the Relevant Claim the amount by which any provision or reserve in the Completion Accounts, the Audited Accounts or the French Accounts is an over provision or excessive or unnecessary (whether or not relating to the subject matter of such Relevant Claim) to the extent not already set off against a bona fide claim.

  • Section 5.06(e) French Accounts Receivable .........................................Section 5.22 GAAP ...............................................................Section 2.15 Contents, p.

  • Notarization .................................................55 SECTION 5.22 Collection of French Accounts Receivable .....................55 Contents, p.

  • Save as disclosed in the Audited Accounts, the French Accounts or in Schedule 8 to the Agreement, there is no agreement or obligation to provide and there in not outstanding any guarantee, indemnity or security interest of any nature whatsoever given by the French Subsidiary for the benefit of any third party including any member of the Purchaser's Group or by an third party for the benefit of the French Subsidiary.

Related to French Accounts

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Separate Accounts means the accounts which are to be prepared for each

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Other Accounts means all of the accounts and funds, other than the Sub-Advised Assets, managed by the Sub-Adviser for or on behalf of Northern Trust Investments, Inc. and/or its affiliates that have a substantially similar investment strategy for which the Sub-Adviser is being engaged pursuant to this Agreement.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Last Accounts means the Accounts of the Target Companies in respect of the financial period ended on the Last Accounts Date;

  • Audited Accounts means the audited accounts of the Company and of each of the Subsidiaries and the audited consolidated group accounts of the Group for the financial period ended on the Balance Sheet Date;

  • Latest Accounts means, in respect of any financial quarter or year of the Group, the latest unaudited (in respect of each financial quarter) or audited (in respect of each financial year) financial statements required to be prepared pursuant to clause 8.1.6;

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Earnings Account means, in relation to a Ship, an account in the name of the Owner owning that Ship with the Agent in Hamburg designated “[name of relevant Owner]—Earnings Account” or any other account (with that or another office of the Agent) which replaces such account and is designated by the Agent as that Earnings Account for the purposes of this Agreement and, in the plural, means all of them;

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Locked Box Accounts means the unaudited accounts of the Group, consisting of a balance sheet as at the Locked Box Date in the Agreed Form;

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

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

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.