When the relevant amount for the contributions is paid to the PayClear Bank Account, it is reconciled with the information you sent regarding the payment, and when successfully matched it is split and remitted to the various Funds.
Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.
Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).
Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.
Designated Bank Account means the relevant bank account designated by each Holder;
Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.
Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).
Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.
Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.
Euroclear Sweden means Euroclear Sweden AB, the Swedish central securities depository;
Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.
Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.
Clearing Account has the meaning set forth in Section 2.7.1 hereof.
Foreign nonprofit corporation means an entity:
Tax Account shall have the meaning set forth in Section 8.6 hereof.
Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.
Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).
Close financial association means an association in which the person filing shares significant financial involvement with an individual and the filer would reasonably be expected to be aware of the individual's business activities and would have access to the necessary records either directly or through the individual. "Close financial association" does not mean an association based on (i) the receipt of retirement benefits or deferred compensation from a business by which the person filing this statement is no longer employed, or (ii) the receipt of compensation for work performed by the person filing as an independent contractor of a business that represents an entity before any state governmental agency when the person filing has no communications with the state governmental agency.
Euroclear Operator means Euroclear Bank S.A./N.V., as operator of the Euroclear System.
Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.
Cash Account has the meaning set forth in Section 2.1(a)(ii).
Separate Accounts means the accounts which are to be prepared for each
Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.
Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.
Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.
Earnings Account means, in relation to a Ship, an account in the name of the Borrower owning that Ship with the Account Bank designated as the Earnings Account for that Ship, or any other account (with the Account Bank or the Agent or with another bank or financial institution acceptable to the Majority Lenders) for the purpose of receiving all charter hire and other amounts paid under the relevant Time Charter;
Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).