Remittance Account definition

Remittance Account means the deposit account established and maintained by Seller at Bank into which Bank shall deposit any and all funds received by Bank from time to time which are attributable hereunder to Seller’s Retained Percentage in any Participated Mortgage Loan and which are required to be paid by Bank to Seller hereunder.
Remittance Account means the account of the Seller Representative located at Bank of America, NA (ABA No. 000000000) with account number 0000000000, or such other account as notified to the Administrative Agent from time to time by the Seller Representative in writing.
Remittance Account shall have the meaning specified in Section 5(a).

Examples of Remittance Account in a sentence

  • Each such payment of the amounts to the applicable Registered Holders shall be made from the Remittance Account on the relevant Prepayment Date by the Paying Agent.

  • Each such payment of the amounts to the applicable Registered Holders shall be made from the Remittance Account on the relevant Redemption Date by the Paying Agent.

  • Alfa Account, Alfa Savings Account and Alfa Remittance Account B.

  • Any amount to be paid by the Administrative Agent or any Purchaser to any Seller or the Seller Representative under any Purchase Document shall be paid to the Seller Representative by deposit into the Remittance Account, and shall be paid on the date such amount is due no later than 5:00 p.m. (New York City time).

  • Miscellaneous Charges GL Account xviii)Alfalah Asaan Remittance Account (Current and Savings)xix) Alfalah Asaan Account-Currentxx) Alfalah Asaan Account-SavingsNIL NIL NIL 520055.i) Basic BankingCash Withdrawala) Two withdrawals per month by chequeb) Above two withdrawals per month by cheque NILRs. 50/- per withdrawal6.


More Definitions of Remittance Account

Remittance Account means an account established with a financial institution acceptable to Secured Party for the benefit of Secured Party and subject to the sole dominion and control of Secured Party.
Remittance Account. As defined in Section 2.2.
Remittance Account means the account of the Seller Representative located at Bank of America, NA (ABA No. 111000012) with account number 4427274350, or such other account as notified to the Administrative Agent from time to time by the Seller Representative in writing.
Remittance Account. A depository account owned and maintained by Agent.
Remittance Account. The account or accounts established by Xxxxxx Mac into which the Central Servicer will make deposits on each Remittance Date.
Remittance Account means the deposit account established and maintained by Seller at Bank into which Bank shall deposit any and all funds received by Bank from time to time which are attributable hereunder to Seller's Retained Percentage in any Participated Mortgage Loan and which are required to be paid by Bank to Seller hereunder.