Held Away Account definition
Held Away Account means a Registered User’s account with a financial institution or other third party other than Bank of America that is linked to the Hosted Service or SDK Service. Hosted Service – means the hosting, maintenance, support and provision of PFM 9 and/or PFM 10 (or such other mutually agreed upon updated/upgraded version of Supplier’s PFM application), for the use and benefit of Bank of America and the Registered Users in accordance with the terms of this Schedule. Integrated Service – means the service provided through the integration of the SDK Service and the Application pursuant to this Schedule.
Held Away Account means an account at an institution other than Bank of America.
Examples of Held Away Account in a sentence
The Client acknowledges and agrees that ▇▇▇▇▇▇▇▇▇▇ is not responsible for any losses arising from the Client’s delays in updating its login credentials through the Pontera system and agrees that Graybridge is under no obligation to credit any fees for valuations made in good faith during periods when Graybridge did not have access to any Held Away Account in calculating its fees under this Agreement.
In the event of any delay by the Client to update its login credentials, Client acknowledges that Graybridge will not have access to view or manage the Client’s Held Away Account, which may result in investment losses or inadvertently incorrect valuations being used in the billing process under this Agreement.