Purchaser Online Account definition

Purchaser Online Account means the account(s) established by Purchaser on Seller’s platform which provides Purchaser with online access to the platform and in which Seller posts activity relating to the commitment and purchase by Purchaser of Loans hereunder.
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Examples of Purchaser Online Account in a sentence

  • Purchaser hereby delegates to Seller the authority to make Purchase Commitments and purchase Eligible Loans on behalf of Purchaser through the Purchaser Online Account up to the Maximum Purchase Amount in accordance with any then-current Purchase Instructions.

  • Casual employees shall be entitled to vacation pay in accordance with the provisions of the Employment Standards Act.

  • On or prior to a Launch Date, Purchaser will establish a Purchaser Online Account with Seller.

  • If the Purchase Date for such Eligible Loan has not occurred on or before such Expiration Date, Purchaser may withdraw any funds from the Purchaser Online Account that were deposited, wired or otherwise made available to Seller in respect of such Purchase Commitment.

  • To the extent that Purchaser wishes to purchase, pursuant to this Agreement, Loans meeting a different set of Credit Criteria, Purchaser shall establish an additional Purchaser Online Account that shall be subject to the terms of this Agreement.

  • Commencing on the Launch Date, Seller will grant Purchaser the right to view, commit to and purchase Eligible Loans through the Purchaser Online Account.

  • Servicer shall, in a timely manner, cooperate with Purchaser in effecting the termination of Servicer’s responsibilities and rights hereunder and the transfer of servicing responsibilities to Purchaser or the successor entity, including without limitation, the transfer to Purchaser or the successor entity for administration by it of all cash amounts which shall at the time be credited by Servicer to the Purchaser Online Account or thereafter received with respect to the Loans.

  • Purchaser’s right to purchase each Eligible Loan hereunder shall be conditioned upon there being sufficient available funds in the Purchaser Online Account to meet any payment obligation.

  • Any Purchaser Online Account may be used by Purchaser to purchase and hold Loans meeting one of the Credit Criteria.

  • A Purchaser Online Account may be used by Purchaser to purchase and hold Loans meeting only one of the Credit Criteria described in the related Addendum (i.e., Loans sold pursuant to a particular Loan Program).

Related to Purchaser Online Account

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Transfer Date means, in relation to a transfer, the later of:

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Brokerage Account means any account with a broker, dealer or bank that may hold securities.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Investment Account As defined in Section 3.12(a).

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Fund Custody Account means any of the accounts in the name of the Trust, which is provided for in Section 3.2 below.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.