Monitored Account definition

Monitored Account shall have the meaning set forth in the definition of “Excluded Account”.
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Examples of Monitored Account in a sentence

  • Schedule 2.14 sets forth a complete listing of Deposit Accounts for each Credit Party as of the Closing Date, including the identification of the Credit Party ownership, the name and address of the applicable Cash Management Bank, the account number, the purpose or usage of the account, and a designation of the account as a Springing Control Account, Excluded Account, or Monitored Account.

  • Within sixty (60) days of the Closing Date (or such later date as Collateral Agent may reasonably agree in its sole discretion), each Credit Party will enter into a Springing Control Agreement with the applicable Cash Management Bank for each Deposit Account of Credit Parties (other than a Monitored Account or other Excluded Account).

  • If, and only if, the following conditions apply, Dealer may contract with a party other than the CENTRAL MONITORING STATION for monitoring of those Accounts to which the conditions apply: (a) it is illegal under Applicable Law for the CENTRAL MONITORING STATION to provide monitoring services for the Monitored Account in question, or (b) the CENTRAL MONITORING STATION does not have the technical capability to provide the services for which the Subscriber under that Monitored Account has contracted.

  • By way of illustration, if Dealer were to sell a Monitored Account to a third party (other than SAI or any subsidiary), Dealer would be in breach of this Agreement, if during the Term of this Agreement said third party attempts to or were to transfer such Account to another CENTRAL MONITORING STATION.

  • Even if one of the two conditions applies, if there exists an alternate CENTRAL MONITORING STATION owned by SAI (or a subsidiary) that is capable of providing the required services on the terms set forth in the DEALER AGREEMENT, Dealer shall transfer the Monitored Account in question to such alternate CENTRAL MONITORING STATION.

  • Within ninety (90) days of the Closing Date (or such later date as Collateral Agent may reasonably agree in its sole discretion), each Credit Party will enter into a Springing Control Agreement with the applicable Cash Management Bank for each Deposit Account of Credit Parties (other than a Monitored Account or other Excluded Account).

Related to Monitored Account

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Client Account means any account opened by the Client at the Company including Transitory Accounts, trading accounts, partner accounts, Manager's accounts, Investor's accounts and other account types.

  • Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

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

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Administration Account As defined in Section 7.02.

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

  • Cardholder Account is the account of a Cardholder as represented by a Card.

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

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

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • 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.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

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

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Joint Account means an Account opened in more than one name;

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.