Retail Account definition

Retail Account is an account that will be used primarily for personal, family or household purposes.
Sample 1Sample 2Sample 3
Retail Account means an unsecured account receivable owing to ITEC arising out of sales of New International Products by ITEC to its national accounts (fleet) truck retail customers, export customers and TEMs in the ordinary course of its business. Retail Accounts for purposes of Article III of this Agreement shall refer to retail accounts which are now in existence and which may hereafter come into existence and which are to be sold to NFC as mutually agreed to from time to time between ITEC and NFC. Retail Account Closing Date means for Article III of this Agreement the last day of a Retail Account Settlement Period.
Sample 1
Retail Account means any Account arising in the ordinary course of any Borrower's business from the sale of goods or rendering of services to, or out of any other transaction between, among or with, one or residential or small business customers that are billed directly by any Borrower; provided, that no Retail Account shall include any KISSLD Account (or any other Account which is otherwise related to a KISSLD Account).
Sample 1

Examples of Retail Account in a sentence

  • When you enroll in Online Banking, you agree that our interpretation of this Agreement, our records pertaining to your accounts, any rules adopted by us from time to time, the terms of your signature card, the terms of the Retail Account Agreement, Funds Availability, and Electronic Funds Transfer Disclosure (EFT); Retail Banking Fee Schedule; other documents which are a part of this Agreement and any of our disclosures is final and binding.

  • Funds from deposits through the Services will generally be made available in accordance with the Funds Availability disclosure in the Retail Account Agreement.

  • This Visa® Retail Debit Card and ATM Card Cardholder Agreement and Disclosure Statement shall be subject to the terms of the Retail Account Agreement, Funds Availability and Electronic Funds Transfer (EFT) Disclosure, and Retail Banking Fee Schedule as they may be amended from time to time as well as any opt in or consent you provide authorizing Firstrust Bank to pay ATM and everyday Debit Card transactions that exceed the funds available in your account or any subsequent withdrawal of such consent.

  • All Images processed for deposit through the Services will be treated as “deposits” under your current Retail Account Agreement with us and will be subject to all terms of the Retail Account Agreement.

  • Subject to the terms of the Retail Account Agreement and applicable law, we may debit any of your accounts (regardless of whether such accounts are Linked Accounts) to obtain payment for any Eligible Item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the rejection, return, adjustment or warranty claim was made timely.

  • This Retail Account Agreement, Funds Availability, & Electronic Funds Transfer (EFT) Disclosure (“Agreement”) governs the deposit accounts and services available to you as a Firstrust Bank customer and supersedes any previous account agreements.

  • You agree that, in accordance with the terms of the Retail Account Agreement, the Retail Online Banking Agreement and any other agreements you have with Firstrust Bank, you waive all rights to a jury trial, and agree to settle any disputes that you may have with Firstrust through binding individual arbitration.

  • Refer to the Retail Account Agreement, Funds Availability and Electronic Funds Transfer (EFT) Disclosure for details.

  • This Retail Account Agreement, Funds Availability & Electronic Funds Transfer Agreement and Disclosure (“Agreement”) provides the terms and conditions for each retail deposit account you have with Firstrust Bank for personal, family or household purposes (each an “Account”).

  • Thereafter, any time the balance in the Customer’s retail HSA account is $2,050 or more as of the Transfer Date, the excess $50 or more above the Base Balance of $2,000 will automatically transfer on the Transfer Date from the Customer’s retail HSA account to the Customer’s Designated HSA Investment Account, and the Customer’s HSA Retail Account Balance following the Transfer Date will be the Designated Base Balance, in this example $2,000).


More Definitions of Retail Account

Retail Account means any conditional sale contracts, lease agreements, chattel mortgages, promissory notes or other choses in action executed between a GE Company and a non-U.S. Customer.
Sample 1
Retail Account means an unsecured account receivable owing to International arising out of sales of New International Products and Used Goods by International to its national accounts (fleet) truck retail customers and TEMs in the ordinary course of its business, all Related Security with respect to each such Retail Account, all Collections with respect thereto, and all cash and non-cash Proceeds of the foregoing. Retail Accounts for purposes of Article III of this Agreement shall refer to retail accounts which are now in existence and which may hereafter come into existence and which are to be sold to NFC as mutually agreed to from time to time between International and NFC.
Sample 1
Retail Account means an account of a Retail Client.
Sample 1
Retail Account means each deposit only account maintained at a -------------- Retail Account Bank for the collection of amounts owed to the Company in respect of its retail operations, the withdrawal of funds of which is limited to the withdrawal by the Collection Bank pursuant to the direction of the Company and otherwise in accordance with the Credit Agreement.
Sample 1
Retail Account means an Account which represents the unpaid portion of the purchase price of any item or items of furniture sold by Borrower to a Person in a retail sales transaction.
Sample 1

Related to Retail Account

  • Billing Account is the checking account from which all Service fees will be automatically debited.

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

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • 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.

  • Collection Accounts As defined in Section 3.10(a).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

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

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

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

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

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • 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.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Umbrella Cash Account means (a) a cash account designated in a particular currency opened

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

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

  • Separate Accounts means the accounts which are to be prepared for each

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Customer Account means an account carried by a Participant on behalf of a Customer.