Parent Account definition

Parent Account means any bank, brokerage or similar account owned by Parent or any other member of the Parent Group.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Parent Account means any bank, brokerage or similar account owned by Parent or any other member of the Parent Group, including the Parent Accounts listed or described on Schedule XI.

Parent Account means an Account that sweeps funds automatically to a Balance Account based on the Sweep Balance in the Balance Account.

Examples of Parent Account in a sentence

• Within 15 Business Days after the Escrow Due Date, Parent shall provide the Company with a written notice setting forth the detailed information of the Parent Account and the Ledger.

• Upon request of the Company, Parent shall provide the Company with reasonable evidence with respect to the Parent Account in reasonable details, including without limitation the total balance in the Parent Account, and the Ledger, within two (2) Business Days following such request.

• If you do not wish to receive any replacement Rooster Card(s) and wish to close your Parent Account, you may terminate the Agreement free of charge, as set out in clause 2.

• We will assume that where the Access Codes or PIN is entered, the activity and transactions then entered into on the Parent Account or using the Rooster Card are made by you unless you notify us otherwise in accordance with clause 15.1.

• After that, it will be cancelled and you will need to contact us to cancel the Parent Account to prevent any further membership fees.

More Definitions of Parent Account

Parent Account means the GoHenry parent e-money account.

Parent Account means an account with an app store provider that:

Parent Account means the gohenry parent electronic money account.

Parent Account. The parent account as so designated in the Working Cash Sweep Agreement and referred to in the Working Cash Sweep Agreement and Trust Agreement as the Account.

Parent Account or “Account” means an e-money account in EUR opened and maintained for you by Paynetics under this Agreement, which is used for loading of Cards. The Parent Account is enabled for incoming transfers, for loading of Cards, and it can be used for making and receiving transfers to or from other Parent Accounts in the Woli Mobile App, i.e., within the Paynetics system only, and if provided for hereinbelow, may be allocated International Bank Account Number (IBAN). Parent Account cannot be used for outgoing transfers to non-Paynetics accounts that are opened with another payment services providers.

Parent Account a virtual account operated by us, accessed by parents via the Parent Portal, into which Parents can Load funds and, in some cases maintain a Parent Account Balance, for use in making Parent Payments for Payment Items via PPL Products and Services;

Parent Account means the segregated account of the Parent established and maintained with The Bank of New York Mellon pursuant to the terms of the Parent Custody Agreement.