Master Accounts definition

Master Accounts means any and all of the accounts maintained by the Customer with the Bank and designated by the Customer and approved by the Bank for receiving payments from Payers through the Sub-account Collection Service;

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Master Accounts. Group currently has credit with the Hotel and the Hotel will provide Master Account billing privileges for charges incurred during Group’s Event, subject to the deposit schedule below. Hotel would like to review this account with Group daily and have charges approved in writing by Group or Group’s designee to eliminate discrepancies, however failure on Group’s part to review charges while on site will not be a basis for disputing any charge. Group agrees to pay no less than 35 % of the total estimated Master Account charges according to the following deposit schedule: Initial Deposit No later than seven (7) days after receipt of a final signed Agreement from Hotel $10,000.00 Second Deposit Direct ▇▇▇▇ approval- does not required additional deposits $000.00 No later than 30 days in advance of arrival, August 27, 2019. Group will either provide Hotel with a valid credit card to which all remaining estimated Master Account charges will be charged on that date, or provide payment of all remaining estimated Master Account charges by company check, certified check, wire transfer or credit card. Hotel reserves the right to increase the amount of deposits and/or pre-payments should there be a negative change in Group’s financial status, even if credit had previously been approved.

Master Accounts means each of the accounts in London so designated (each by reference to a particular currency) in the name of the Company and held with the Account Bank;

Examples of Master Accounts in a sentence

• All other sections of this Agreement shall survive until the Master Accounts established at the Depository Institutions are closed.

• Interest will begin to accrue on funds deposited to the Master Accounts on the day on which such funds are credited to the Master Accounts in accordance with the provisions of Section 3(c) hereof, and will accrue to, but not including, the day on which funds are withdrawn from the Master Accounts.

• It is understood and agreed that none of TDA TDAC or TDATC is a guarantor of, and shall in no way be liable to perform, the obligations of the Depository Institutions under the Master Accounts.

• The TDAC Master Accounts will be maintained on the books and records of the Depository Institutions, evidenced by book entry on the account records of the Depository Institutions in the name of TDAC as agent for the TDAC Customers.

• It is understood and agreed that none of the Broker-Dealers is a guarantor of, and shall in no way be liable to perform, the obligations of the Depository Institutions under the Master Accounts.

• The Sellers, BTMUNY, as Purchaser and the Administrative Agent are parties to the Amended and Restated Master Accounts Receivable Purchase Agreement, dated as of August 20, 2015 (as heretofore amended, supplemented or otherwise modified, the “Original Purchase Agreement”), pursuant to which BTMUNY, as Administrative Agent, has (on behalf of the Purchasers) purchased various Receivables from the Sellers.

• If there are insufficient available funds in the Master Accounts to pay Debits, we reserve the right, in our sole discretion, to pay or return any such Debits.

• From and after July 1, 2021, the amount of aggregate deposits in the Master Accounts shall not be allowed by Schwab to increase above the amount that is in such Master Accounts as of the Initial Period End Date, as reduced from time to time pursuant to this Section 5(c).

• The Customer Accounts will be eligible for FDIC insurance for the maximum aggregate amount of principal and interest available to each Customer identified on the records maintained pursuant to Section 9 of this Agreement for each recognized legal capacity for which the Customer is eligible, subject to (i) FDIC aggregation rules for other accounts held by a Customer with a Depository Institution and (ii) the Depository Institution recording the Master Accounts as set forth in Section 3 of this Agreement.

• All transactions made by the Sub Account or the Master Account must be made through the Master Account's wallet.

More Definitions of Master Accounts

Master Accounts see Section 6.2(a).

Master Accounts means employees who receive Service under Affiliate’s corporate liable master account;