Frost Bank definition
Examples of Frost Bank in a sentence
Payee Name: The University of Texas at Austin Tax ID: ▇▇-▇▇▇▇▇▇▇ BANK NAME: Frost Bank BANK ADDRESS: ▇▇▇ ▇.
The information and materials contained or referenced herein have been prepared by Frost Bank solely for informational purposes.
This COMPLIANCE CERTIFICATE (this “Certificate”) is delivered pursuant to the Loan Agreement dated September 27, 2013 (together with all amendments and modifications, if any, from time to time made thereto, the “Loan Agreement”), among Geospace Technologies Corporation, a Texas corporation (“Borrower”), certain Guarantors named therein, and Frost Bank, a Texas state bank.
Neither Frost Bank, nor its affiliates, nor any of their representatives (collectively, “Frost”) are recommending any action to you.
As used herein, the term “Frost Bank Excluded Account” means the deposit account maintained by Nauticus Sub with Frost Bank (Acct No. 00001007) with a CD securing obligations under corporate credit cards and listed in Schedule III-3 hereto.
Each Debtor covenants and agrees that during the term of this Agreement the aggregate amount of deposits contained in the Frost Bank Excluded Account shall not exceed $750,000 at any time.
We are here to answer any questions you may have about this Agreement or about your Frost Bank Account(s).
We are pleased to provide you with our Deposit Account Agreement (the “Agreement” as further defined below), which applies to any personal or business checking, savings, money market or CD account (each an “Account”) you may have with Frost Bank.
You should know that Frost Bank employs various security and authentication technologies to ensure that you (an authorized customer) are communicating directly with Frost Bank.
Upon receipt of Proper Instructions, which may be standing instructions, the Custodian shall cause Frost Bank to pay out from the respective Cash Account designated by the Company (or remit to its agents or its sub-custodians, and direct them to pay out) moneys of the Company on deposit therein for any other purpose directed by the Company, but only upon receipt of Proper Instructions specifying the amount of such payment, and naming the Person or Persons to whom such payment is to be made.