Receivables Account definition

Receivables Account means the bank account held in Your name, which You nominate on the Portal for the receipt of the Final Transfer. “Receivables Transaction” means the process by which You ultimately receive funds from a Payer in accordance with Your instructions. “Virtual Account” means the account, whether a Global Account or otherwise, in which We retain the Final Transfer for You.
Receivables Account means the bank account(s) held in Your name, which You nominate on the Portal for the receipt of the Final Transfer.
Receivables Account means the bank account(s) held in Your name, which You may nominate on the Portal for the receipt of the Final Transfer, and does not include Your Global Account where applicable, noting a Global Account may not always be available to You depending on Your location.

Examples of Receivables Account in a sentence

  • The transfer into Your Receivables Account shall specify the name of the Payer and the Invoice Reference to enable You identify the Receivables Transaction.


More Definitions of Receivables Account

Receivables Account has the meaning given to it in the Security Documents;
Receivables Account means each consumer revolving credit account or closed-end installment loan account established pursuant to a Receivables Account Agreement between the applicable Receivables Account Owner and any Receivables Obligor.
Receivables Account means the bank account held in Your name, which You nominate on the Portal for the receipt of the Final Transfer, and does not include Your Global Account where applicable.
Receivables Account means each consumer revolving credit account established pursuant to a Receivables Account Agreement (as defined in the Servicing Agreement as in effect on the Fourth Amendment Effective Date) between a Receivables. Account Owner and any Receivables Obligor (as defined in the Servicing Agreement as in effect on the Fourth Amendment Effective Date).
Receivables Account means any deposit account, established in the name of a Borrower with a Local Bank and subject to an Account Control Agreement, into which are deposited all payments in respect of the Blender’s Production Credits and all Accounts Receivable of such Borrower that are subject to the Lien of the Senior Secured Parties under the Security Documents.
Receivables Account means each account of the Chargor details of which are specified in Schedule 3 (if any) (to which Receivables are to be paid or credited) and all other accounts or sub-accounts opened or maintained now or in the future by the Chargor with any bank, financial institution or other person satisfactory to the Agent or (following the occurrence of an Event of Default that has not been remedied or waived in accordance with the terms of the Finance Documents) as the Agent shall specify
Receivables Account means the interest bearing Dollar account of Mimosa, in its capacity as Lender, opened or, as the context may require, to be opened by Mimosa with the Account Bank, designated “Receivables Account”, with account number 02 00 36 930 and includes any redesignation and sub-accounts thereof;