Main Account Holder definition

Main Account Holder means the person requesting us to provide the Facilities and to open the Cashline account;
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Main Account Holder means the party to whom the credit facility is granted (if any) and the holder of the main account
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Examples of Main Account Holder in a sentence

  • The Main Account Holder agrees, and shall procure the agreement of Underlying Customers, that SFP may in its sole and absolute discretion establish position and trading limits for the Omnibus Account and may limit the number and/or the nature of open positions which may be executed or cleared through the Omnibus Account, and SFP may liquidate any one or more positions to comply with such limits whether with or without recourse to the Main Account Holder.

  • The Main Account Holder shall be responsible for handling of all of the Underlying Customers’ service and technical support needs and for dealing with any of the Underlying Customers’ inquiries and complaints.

  • The Main Account Holder shall open, maintain and operate the Omnibus Account for the trading of investment products on behalf of the Main Account Holder’s Underlying Customers in accordance with Applicable Laws.

  • The Main Account Holder shall immediately notify SFP if the Main Account Holder or any of its Underlying Customers become subject to and/or is threatened with any disciplinary action, suspension or restriction imposed by any Applicable Authority that may materially or adversely affect the Main Account Holder and/or Underlying Customer’s activities with respect to or through the Omnibus Account.

  • The contract will have a Repeat Order Clause,wherein the Buyer can order upto 50% quantity of the items under thepresent contract within six months from the date of supply/successfulcompletion of this contract, the cost, terms & conditions remaining the same.The Bidder is to confirm acceptance of this clause.

  • The Receiving Account must be in the name of the Principal Cardmember and/or (b) the Main Account Holder (as the case may be).

  • In case one or more Participants are delinked from the Main Account, all Points earned in the Main Account up to the reception of the delinking request remain under the responsibility of the Main Account Holder; only Points earned after the Participants have been delinked will fall under the responsibility of the respective Account Holders.

  • Main Account Holder Joint Account Holder (if applicable) Forename: Mr. / Mrs.

  • These Points will be under the sole responsibility of the Main Account Holder.

  • Agent Name (Main Account Holder - Print Please) Entity # Date Agent Signature* Agent ID (6 digit MM #) * By signing this Agreement you confirm that you have read and will comply with the information above and that you agree with the attached Agreements.

Related to Main Account Holder

  • Account Holder The term “Account Holder” means the person listed or identified as the holder of a Financial Account. A person, other than a Financial Institution, holding a Financial Account for the benefit of another person as an agent, a custodian, a nominee, a signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the Account Holder. In these circumstances that other person is the Account Holder. For example in the case of a parent/child relationship where the parent is acting as a legal guardian, the child is regarded as the Account Holder. With respect to a jointly held account, each joint holder is treated as an Account Holder.

  • Joint Account Holder means a person in whose name a Joint Account is maintained;

  • Eligible Account Holder means any Person holding a Qualifying Deposit on the Eligibility Record Date for purposes of determining Subscription Rights and establishing subaccount balances in the liquidation account to be established pursuant to Section 15 hereof.

  • Relevant Account Holder means any account holder with the Relevant Clearing System which has Underlying Notes (as defined in the definition of “Global Bearer Note”) credited to its securities account from time to time;

  • Individual account program means the defined contribution individual account program of

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

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • 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)).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • 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;

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

  • Collection Account Control Agreement means that certain Account Control Agreement, dated as of the date hereof, by and among Seller, Buyer, and U.S. Bank National Association, in form and substance acceptable to Buyer, as the same may be amended, restated, supplemented or otherwise modified from time to time, and which shall provide for Buyer control of the Collection Account as of the date of execution.

  • 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.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

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

  • Control Account means a Securities Account or Commodities Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodities Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.