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 person requesting us to provide the Facilities and to open the MoneyPlus 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

  • Main Account Holder – a natural person authorised by the Client to have access to the Main Account on the PLATFORM on behalf of the Client and to conduct all activities via this account, like placing orders, concluding contracts and creating subaccounts.

  • An- other consideration in setting up the ar- rangements is the designation/role of the Main Account Holder.

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

  • A Principal Cardmember or Main Account Holder may only have a maximum of one outstanding BOC Personal Loan under his/her Card Account and one outstanding BOC Personal Loan under his/her MoneyPlus account, at any one time.

  • In the event that the Customer opens a Joint Account, the name which is listed the first is the Main Account Holder.

  • SCHEDULE 1 – applicable to accredited investor  I, the Main Account Holder, hereby declare that I am an Accredited Investor (“AI”). I, the Joint Account Holder, hereby declare that I am an Accredited Investor (“AI”).

  • The Bank may require further documents from the Main Account Holder as per its policy and regulatory requirements before allowing any further operation.

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

  • 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 Fund Transfer Programme (“ Programme”) is open to any (a) Principal Cardmember and Supplementary Cardmember as referred to under the BOC Cardmember Agreement and/or (b) Main Account Holder as referred to under the BOC MoneyPlus Terms and Conditions (“Applicant”) whose respective Card Account and/or MoneyPlus account (where applicable) (“Account”) is in good standing as determined by the Bank.

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.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • 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.

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