HELOC Account definition

HELOC Account means any home equity line of credit account at a Branch in respect of which credits available therein are withdrawable in practice upon demand or upon which third party drafts may be drawn by the borrower.
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HELOC Account means any home equity line of credit account at a Branch in respect of which credits available therein are withdrawable in practice upon demand or upon which third party drafts may be drawn by the borrower. “Infrastructure Installation” has the meaning set forth in Section 4.10. “Initial Closing” and “Initial Closing Date” refer to the closing of the purchase and sale of the Initial Closing Assets and the Initial Closing Assumed Liabilities, which is to be held on such date as provided in Article 3 and which shall be deemed to be effective at 11:59 p.m., Central time, on such date. “Initial Closing Assets” has the meaning set forth in Section 2.1(a). “Initial Closing Assumed Liabilities” has the meaning set forth in Section 2.2(a). “Initial Closing Loans” means the Loans reflected on Exhibit 1.1(d)(ii) as of the Initial Closing Date. “Initial Closing Purchase Price” has the meaning set forth in Section 2.4(a). “Installation Plans” has the meaning set forth in Section 4.10(iv).
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Examples of HELOC Account in a sentence

  • Seller shall have no obligation to pay such forwarded Transaction Account or HELOC Account drafts.

  • From time to time Customer Services may be inoperative, and when this happens, you may be unable to use your Access Card or obtain information about the Outstanding Balance on your HELOC Account.

  • You acknowledge that from time to time we may make certain changes to the terms and conditions applicable to your HELOC Account.

  • If we credit an amount to your HELOC Account by mistake, we can correct that mistake at any time.

  • Note that we will not pay you any interest on any credit balances on your HELOC Account.

  • You acknowledge that any HELOC Account is made available to you in our sole discretion and we may terminate the HELOC Account and/or demand payment of all amounts owing by you under this HELOC Agreement or any amending agreement, at any time without prior notice to you, particularly, but without limiting our rights, upon a re-evaluation of your financial situation or if you are in default under this HELOC Agreement, any amending agreement, the Mortgage Loan or any other agreement with us.

  • You must also give us any other information we may request that is relevant to your HELOC Account and to this HELOC Agreement.

  • You are responsible for notifying any individual or entity you have pre-authorized to make charges to your HELOC Account using your Access Card number.

  • If you terminate your HELOC Account, your Access Card will automatically be cancelled and you must destroy the card.

  • In the event of a merchant issuing a credit to your HELOC Account, we will credit your HELOC Account upon receipt of the credit voucher.

Related to HELOC Account

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

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

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

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

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

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

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Credit Account is modified to read “Grant Account”.

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

  • Note Account As defined in the Indenture.

  • Principal Account(s means deposit accounts of the Fund or a Portfolio carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Administration Account As defined in Section 7.02.

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

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

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

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

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

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

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

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • ABLE account or "account" means an account established

  • 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.