Payment Accounts definition

Payment Accounts. The credit card account, debit card account (including Payzer Debit Cards) or Bank Account that is used to fund a payment.
Payment Accounts has the meaning specified in Section 6.10. ----------------
Payment Accounts means the Administrative Agent's New York Account and the Administrative Agent's London Accounts.

Examples of Payment Accounts in a sentence

  • In the event the Plan Participant shall become Disabled before all amounts credited to the Plan Participant’s Deferred Payment Accounts have been paid to him or her, such remaining amounts shall be paid in a lump sum to the Plan Participant.

  • The Committee may recommend to the Boards the termination of the Plan; provided, however, that no such termination shall adversely affect the right of Plan Participants to receive amounts previously credited to their Deferred Payment Accounts.

  • The Committee may approve any amendment to the Plan; provided, however, (i) that no such amendment shall adversely affect the right of Plan Participants to receive amounts previously credited to their Deferred Payment Accounts; and (ii) each Independent Board Member shall receive notification of any such proposed amendment to the Plan at least ten (10) days prior to the Committee’s consideration of such amendment.

  • If the Committee determines that the Plan Participant has an Unforeseeable Emergency, the Committee may make a lump sum payment to the Plan Participant from his or her Deferred Payment Account(s) in an amount not to exceed the amount necessary to satisfy the emergency need plus any taxes that may be owed on the payment.

  • In the event the payment is less than the value of all of the Plan Participant’s Deferred Payment Accounts, the Deferred Payment Accounts shall be reduced proportionately so that, with respect to each such Fund, the ratio of the value of all Phantom Shares of the Fund to the value of the Deferred Payment Account shall remain the same before and after payment.


More Definitions of Payment Accounts

Payment Accounts means the payment accounts created by the Local Agencies pursuant to the Note Resolutions.
Payment Accounts means the accounts created by the School Districts pursuant to the Note Resolutions.
Payment Accounts has the meaning assigned to such term in Section 6.11(c).
Payment Accounts shall have the meaning set forth in Section 1.2 of the Depositary Agreement.
Payment Accounts means the checking account(s) from which you have asked us to make Online Bill Payments. "Deposit Account(s)" refers collectively to Personal Deposit Accounts and Business Deposit Accounts. “Credit Accounts” refers collectively to Personal Credit Accounts and Business Credit Accounts. "Billing Account" is the Checking Account that you designate for the deduction of service charges and other fees related to the Service. ”Accounts” when used alone refers generally to the various account types defined herein that you have with us. “Payments to Xxxxxx(s)” drawn on or debited against the Accounts are referred to as “Payments.” “Trust Account(s)” means the account(s) for which you are a fiduciary, that are maintained with the Commerce Trust Company, and that are enrolled in Wealth Manager. “Wealth Manager” means the Commerce Bank system that allows select Commerce Trust Company customers and their designated Interested Parties to access Trust Accounts electronically through the Commerce Trust Company’s website and also allows those customers to enter Online Banking to use the Service. “Wealth Manager Customer” means a customer who has enrolled in Wealth Manager through the Commerce Trust Company. In our sole discretion, we may refuse to include, or may exclude from continued use, an Account in the Service.
Payment Accounts means the interest bearing accounts of the Issuer with the Account Bank into which amounts shall be transferred by the Collateral Administrator on the Business Day prior to each Payment Date out of (to the extent applicable) the other Accounts and out of which the amounts required to be paid on each Payment Date, each as provided pursuant to the Priorities of Payment, shall be paid and “Payment Account” shall mean any one of them;
Payment Accounts means the Sterling Payment Account, the Euro Payment Account and the US Dollar Payment Account;