Owner Account definition

Owner Account means an account established in an Owner’s name by book entry in an account established by MEFA, or, at MEFA’s election, in an account established directly in the Owner’s name at

Owner Account means the account(s) in the name of Owner that are designated by Owner to Manager, from time to time, for the remittance of funds by Manager in accordance with the terms of this Agreement.

Owner Account means your account with us which shows all amounts payable between you and us, whether under this agreement, the terms of your pitch licence agreement or otherwise.

Examples of Owner Account in a sentence

• Manager may endorse any and all checks drawn to the order of Owner for deposit in the Owner Account, however, Manager shall have no rights to withdrawal any monies from the Owner Account, or otherwise direct, any such funds into the Operating Account (as defined below).

• The Agency Accounts are the property of Owner and Owner may not more frequently than weekly direct Manager to distribute into the Owner Account, within one (1) business day after receipt of notice from Owner, any funds remaining in the Operating Account after accrued fees and expenses have been either disbursed.

• The following transactions will be considered as withdrawals for purposes of computing the Surrender Charge: total surrender, partial withdrawal, commencement of an annuity payment option and termination due to insufficient Owner Account Value.

• Except as otherwise mutually agreed by the Parties, Manager shall remit to the Owner Account, on a daily basis, any funds in the Operating Bank Accounts in excess of the Working Capital Balance.

• Except as otherwise mutually agreed by the Parties, Manager shall remit to the Owner Account, on a daily basis, any funds in the Operating Bank Account in excess of the Working Capital Balance.

More Definitions of Owner Account

Owner Account means your account with us which shows all amounts payable from you to us and from us to you whether under this agreement, the terms of your pitch licence agreement or otherwise.

Owner Account means the accounting of money that belongs to the Owner and include both income from sales of deposits and any expense in terms of Annexure B regarding the ASSET/s

Owner Account means the interest-bearing account denominated in US$ opened or to be opened in the name of the Owner which includes any sub-accounts or replacement or time deposit thereof and any other account designated in writing by the Owner to be an Owner Account for the purposes of this Charter. "Owner's Funding Date" means the date on which the Owner (as buyer) makes payment to the Charterer (as seller) in accordance with the terms of the MOA. "Payment Date" means each of the dates falling at intervals of three (3) months from the Delivery Date for the duration of the Charter Period and in no event shall the final Payment Date be later than Expiry Date. "Permitted Maritime Liens" means, in relation to the Vessel:

Owner Account means your account with us which shows all amounts payable from you to us and from us to you whether under this agreement, the terms of your pitch license agreement or otherwise.

Owner Account means the personal financial status or obligation of each Estate Lot Owner to the Association.

Owner Account. The account of the Owner, designated from time to time by Owner in writing; provided that the Owner may change the designated “Owner Account” by delivering written notice of such change to Servicer at least two (2) Business Days prior to the next Remittance Date in order for such change to be effective on such Remittance Date.

Owner Account shall have the meaning set forth in Section 3.7(a).