Legacy Bank Account definition

Legacy Bank Account means the sole bank account to which the Company is entitled on the date of the Agreement, the details of which are included in Schedule 10.1.25(a) to the Agreement.
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Examples of Legacy Bank Account in a sentence

  • As soon as practicable as from the Closing Date, and no later than fifteen (15) days thereafter, Seller shall, as Company manager, take all required measures for the opening of a second bank account in the name of the Company, before the same bank as the Legacy Bank Account (“Second Bank Account”).

  • Transfer Types  Types of Outgoing Transfers o Standard (three-business-day) transfers: Funds will be debited from your Legacy Bank Account on the business day you direct us to initiate processing of the transfer, and typically will be credited to the Third-party Account on the third business day after the transfer is initiated.

  • For example, if you direct us to initiate processing an outgoing transfer immediately and chose Next-Business-Day delivery, funds will be debited from your Legacy Bank Account on the business day you schedule the transfer and typically will be credited to the Third-party Account on the next business day after the transfer is initiated.

  • CONCLUSIONS Altera’s ruling that stock-based compensation is not required to be included in the cost pool under a cost sharing arrangement is itself a significant ruling.

  • Schlueter was the sole authorized signatory on the Legacy Bank Account.

  • Please provide a complete accounting of BFR’s Legacy Bank Account from start to finish, so we can ascertain how much money was illegally written from the account after Simon’s death and for what.

  • By using this Service you authorize us to perform the verification, act as your agent to originate a funds transfer from another U.S. financial institution, ensure the funds are good, and distribute them to your Legacy Bank Account.

Related to Legacy Bank Account

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • General Account consists of all our assets other than those held in any separate investment accounts.

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

  • Account Name means the name of the individual who lives with the child(ren) and who applies for the Children’s Health Insurance Program coverage on behalf of the child(ren).

  • 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).

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Direct Account : means any Account which is not an ISA Account.

  • 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.

  • 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.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • 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.

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

  • Holding Account means an account:

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Administration Account As defined in Section 7.02.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.