Revolving Accounts definition

Revolving Accounts means any Account arising from an agreement to extend credit on an ongoing basis through the use of a device such as a credit card or the like, whether or not subject to regulation under Federal Reserve Board Regulation Z, or any state statute or regulation on truth-in-lending.
Sample 1Sample 2Sample 3
Revolving Accounts means the accounts of the Borrower held with the ITM Facility Agent at its Via deii'Universita, Modena branch having the following details: (i) in relation to euro, IBAN number IT84 U030 6912 9306 1(524 7695 209, ABI 3069, CAB 12930, account number 6 1524 7695 209; (ii) in relation to US dollars, IBAN number IT03 0030 6912 9300 0700 0006 148, ABI 3069, CAB 12930, account number 7000006148.
Sample 1

Examples of Revolving Accounts in a sentence

  • The material to be selected to meet the design life requirements of the equipment.

  • CO‐SIGNED LOANS INCLUDED IN DTI 30 DAY REVOLVING ACCOUNTS (NO PAYMENT SHOWING) USE 4% OF BALANCE IF YTD SELF‐EMPLOYED WAGES EARNED ARE NOT INDICATIVE OF THE APPLICANTS NORMAL ANNUAL EARNINGS, A TAX RETURN, W‐2, OR YEAR‐END PAYSTUB FROM THE TWO MOST RECENT CALENDAR YEARS MAY BE USED TO VERIFY ALL VEHICLE ACCOUNTS PAID BY A BUSINESS MAY BE OMITTED FROM DTI ANALYSIS IF THERE IS PROOF OF 12 MONTHS OF PAYMENTS BY THE BUSINESS.

  • For further discussion of variable rates, see Section 3.2.2.40%TOTAL COST OF CREDIT, REVOLVING ACCOUNTS, PRIVATE LABEL (SHADED AREA REPRESENTS FEES, SOLID AREA REPRESENTS INTEREST CHARGES) (Y-14+)30%20%10%0%Superprime Prime Near-primeSubprimeDeep subprime Overall2015 2016 2017 2018 3.2 Interest chargedInterest charges have increased in the past few years.

  • For further discussion of variable rates, see Section 3.2.2.Figure 1: TOTAL COST OF CREDIT, REVOLVING ACCOUNTS, GENERAL PURPOSE (Y-14+) 30% 20% 10% 0%Superprime Prime Near-prime Subprime Deep subprime Overall2017 2018 2019 2020 On the private label side, TCC on revolving accounts similarly rose in 2019 before receding in 2020, both overall and for every credit tier except superprime.

  • See allNational Consumer Law Center Comment Letter, at 3; New York City Department of Consumer and Worker Protection Comment Letter, at 5-6.FIGURE 9: ANNUAL EFFECTIVE INTEREST RATE, REVOLVING ACCOUNTS, 2022 (Y-14+) 23% 22%22%20%21%18%17%18%16%15%12%9%7%25% 20% 15% 10% 5% 0%General purpose Private labelDeep subprime Subprime Near-prime Prime Prime plus Superprime Overall Unexpected inflation implied lower real EIRs than the otherwise stable nominal rates suggest for much of 2021 and 2022.

  • III-D-8SCHOOL DISTRICT REVOLVING ACCOUNTS ...................................................................

  • FIGURE 18: QUARTERLY ANNUALIZED NET COST OF CREDIT, REVOLVING ACCOUNTS, GENERAL PURPOSE (Y-14, MMI) 16.5%16.2%15.6%15.0%17.2%25%20%15%10%5%0%2019 2020 2021 2022Subprime and deep subprime Near-primePrime Prime plusSuperprime Overall Cardholders who pay off their credit card bill in full each month earn more in rewards on average than they pay in interest and fees, and the benefit of rewards has increased since 2020.

  • First Reading August 7, l975 Approved September 8, 1975 Reviewed October 30, l978 Reviewed March, 1983Reviewed November, 2001Revised, First Reading February 13, 2012Approved February 27, 2012Reviewed December 6, 2018DIFB FISCAL MANAGEMENT ACCOUNTING SYSTEM FOR INTERNAL REVOLVING ACCOUNTS The Director of Finance and Operations shall be responsible for developing an accounting system for internal revolving accounts which is adequate and facilitates reporting and auditing.

  • I am advised that full legal argument in respect of these matters will be advanced at the hearing of this application.

  • For further discussion of variable rates, see Section 3.2.2. Figure 1: TOTAL COST OF CREDIT, REVOLVING ACCOUNTS, GENERAL PURPOSE (Y-14+) 30% 20% 10% 0%Superprime Prime Near-prime Subprime Deep subprime Overall2017 2018 2019 2020 On the private label side, TCC on revolving accounts similarly rose in 2019 before receding in 2020, both overall and for every credit tier except superprime.

Related to Revolving Accounts

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

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • L/C Cash Collateral Account means any Cash Collateral Account (a) specifically designated as such by the Borrower in a notice to the Administrative Agent and (b) from and after the effectiveness of such notice, not containing any funds other than those required under the Loan Documents to be placed therein.

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Financing Accounts means, collectively, the Credit Account and the Grant Account (or, where the context so requires, either of the Credit Account or the Grant Account).”

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

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

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Cash Collateral Account means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent.

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

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

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • Credit Account is modified to read “Grant Account”.

  • Lender’s Account means the account identified in Schedule L-1.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

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

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • 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.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.