Examples of Open Account in a sentence
In case of LC on usance basis, import on Open Account and Contract / Collection basis, the Director (DPIC) will initiate remittance through the concern bank to the exporter after receiving the satisfactory inspection/installation/commissioning report from the purchaser or the convener tender committee as the case may be.
The Open Account Fee and the Closed Account Fee shall be paid only with respect to accounts serviced directly by the Transfer Agent and not with respect to accounts serviced by third parties pursuant to omnibus account service or sub-accounting agreements, as provided in Section 2.04 of the Agreement.
The term United States Treasury Time Deposit Open Account means a non-in- terest-bearing account maintained in the name of the United States Treas- ury which may not be withdrawn prior to the expiration of 30 days’ written notice from the United States Treas- ury, or such other period of notice as the Treasury may require.
Unless other instructions are received by us on or before the settlement date, orders accepted by us may be placed in an Open Account in your name.
CNHi Capital shall establish from time to time interest rates and other charges applicable to financing and other services extended to Dealers under the Open Account and Wholesale Finance Plan terms.