Receiver Account definition

Receiver Account means the Account at the RDFI where an Originator has designated a debit or credit Entry to be applied.
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Examples of Receiver Account in a sentence

  • If the RDFI does not receive payment for the Entry, the RDFI is entitled to a refund from the Receiver in the amount of the credit to the Receiver Account, and Company will not be considered to have paid the amount of the credit Entry to the Receiver.

  • ORS 743.600 to 743.602 are state regulations requiring certain group health insurance policies to offer enrolled spouses and domestic partners the opportunity to request a temporary extension of health insurance coverage for themselves and their dependents if coverage is lost due to a specific event identified in the statutes (“55+ Oregon Continuation”).

  • Selecting the Filter command in the Configuration menu it’s possible to choose transferred position display criteria: Deliver Member, Receiver Member, Transfer Date, Isin Code, Series name, Symbol, Expiry month, Stike Price, Put Call, DeliverAccount, Receiver Account, Volume, Long/Short, Product Type, Market and Transfer Price.

  • Appropriate treatment for restoring health and vitality to the area should be researched, exploring alternative treatments such as burning, spraying, re-seeding etc.

  • The Debtors’ initial and monthly operating reports shall include required information regarding the Receiver Account as if it was the Debtors’ account, regardless of the identity of the title owner of such account.

  • One of the primary purposes of the tools was collecting data about transactions: Sender and Receiver, Account and Statement Numbers as well as some other data.Moreover, in analyzing the activities of this Group, it was discovered that it had had access to the networks of several banks for months, but none of them had fallen victim to theft.BlackEnergyBlackEnergy Group has always focused on disrupting the performance of its attack targets, including banks.

  • The Cash Management System utilizes the Receiver Account and the Auberge Accounts to effectively and efficiently collect, transfer, and disburse funds as needed in the Debtors’ general business operations.

  • The Receiver Account then funds the Auberge Accounts on an as-needed basis and in accordance with the Management Agreement to fund the operating needs of the Resort and also make direct payments to trades, subcontractors, various consultants, and independent contractors via checks and wire transfers.

  • SJBPH shall provide the Receiver with all information necessary for the Receiver to take control of each of SJBPH’s bank accounts and to open and maintain the Receiver Account, including all login information necessary to access SJBPH’s bank accounts through the website(s) of the bank(s) where such accounts are maintained.

  • For the avoidance of doubt, the Receiver Account and Auberge Accounts are “Bank Accounts” as that term is used in this Motion, and to the extent that the Receiver and/or Auberge had prepetition authority to open and/or close bank accounts in the Debtors’ name, the Receiver and Auberge are subject to the notice requirements of this paragraph as if they were the Debtors.

Related to Receiver Account

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

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

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

  • 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.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • 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.

  • Member Account means the regular account and the variable account.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • 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).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Completion Accounts has the meaning given in Paragraph 4.1, 4.2(A) or 4.2(B) (as applicable) of Part A of Schedule 8 (Completion Accounts);