Header Account definition

Header Account means the NP Account designated as such by AmBank and the NP Agent.
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Header Account means an Account which is designated at the time of execution of this Agreement or by an Account Notice as the Header Account for a Source Account;
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Examples of Header Account in a sentence

  • Postpetition, as discussed above, the Debtors will sweep excess Unrestricted Cash to the applicable Cash Pool Leader’s Header Account or Ultimate Cash Pool Account on an as-needed basis.

  • Accordingly, the Debtors opened one Header Account for the NDSI Cash Pool Leader and utilized an existing Investment Account for the NIFCO Cash Pool Leader at Mizuho Bank, Ltd.

  • Because the applicable Cash Pool Leader owns both the applicable Header Account and Ultimate Cash Pool Account, these transfers do not affect any intercompany balances among the Company Entities.

  • Single Mode Voucher Format in Tally  Header Part : Only one Cash / Bank ledger account is entered in Header (referred as Header Account) without any amount. Line Area : All other ledger accounts in Line Area, with amount are en- tered (negative amount for deductions)Page | 6 Payment Voucher Entry in Single Mode Nowhere the user need to specify Dr/ Cr (or To/By).

  • If you would like this report split out by Funds, you can do this by using the QuickBooks Filter option.1. When the report is showing on the screen, click on the Modify Report button in the upper, left side of the report.2. Click on the Filters tab across the top.3. Under the Filter box and click on Class.4. In the Class box choose the Header Account for the Fund you wish to see, i.e. Operations Fund or Enterprise Fund.5. Click OK.6. The report appears on the screen.

  • The technical process of the automatic sweep of funds from 16 Certain Debtor subsidiaries within the RigCo Group serve functions separate and distinct from owning or operating the Debtors’ rigs.the Detail Accounts to Header Accounts is done via currency denominated Sweep Accounts associated with each Header Account in the same respective currency.

  • The Group utilizes a notional cash-pooling system with an EPSH account acting as the Header Account for all participants in the Cash Pools.

  • Cash revenue received by the operator entity then automatically sweeps to the Header Account held at Valaris plc.

  • Certain Master Disbursement Accounts, Payroll Accounts, and Disbursement Accounts at other Debtor entities then receive transfers from the Header Account to make necessary cash disbursements on behalf of the full enterprise as well as the operator entity to operate the rig for the duration of the applicable contract, including disbursements to third parties for, among other things, employee payroll and shared management services.

  • The Cash Management System reflects the Company’s ordinary and usual business practices, modified only to accommodate the Prepetition Modifications, Header Account, Administrative Expense Procedures, and Intercompany Protocol, to facilitate a smooth and efficient transition into chapter 11 and preserve the value of the Debtors’ estates.

Related to Header Account

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

  • Cardholder Account is the account of a Cardholder as represented by a Card.

  • Master Account or “Judicial Council’s Master Account” shall mean the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Member Account means the regular account and the variable account.

  • 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.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

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

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

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

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

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

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • 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.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • 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.

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

  • Customer Account means an account carried by a Participant on behalf of a Customer.