Rounding Accounts definition

Rounding Accounts. The Class I-A-11, Class I-A-22, Class I-A-25, Class I-A-26, Class I-A-27 and Class I-A-31 Rounding Accounts.
Sample 1
Rounding Accounts. The Class CB-8 Rounding Account, the Class CB-9 Rounding Account and the Class CB-10 Rounding Account, as applicable.
Sample 1
Rounding Accounts. Each a separate Eligible Account established and maintained by the Trust Administrator pursuant to Section 4.07 in the name of the Trust Administrator for the benefit of the Class I-A-10 and Class I-A-11 Certificateholders, respectively and designated "The Chase Manhattan Bank in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., Mortgage Pass-Through Certificates, Series 2001-26 Class [I-A-10] [I-A-11]." Funds in the Class I-A-10 and Class I-A-11 Rounding Accounts shall be held in trust for the Class I-A-10 and Class I-A-11 Certificateholders for the uses and purposes set forth in this Agreement. The Class I-A-10 Rounding Account and the Class I-A-11 Rounding Account shall be held uninvested as part of the Master REMIC for the uses and purposes set forth in this Agreement.
Sample 1

Examples of Rounding Accounts in a sentence

  • Amounts on deposit in the Rounding Accounts shall not be invested.

  • The assets of the REMIC established hereunder will consist of the assets and rights specified in clauses (i) though (viii) of the definition of the term Trust Fund, and any Rounding Accounts.

  • On or prior to the Closing Date, the Trustee shall establish the Rounding Accounts, and the Underwriter shall deposit $999.99 in each such Rounding Account.

  • The Trustee acknowledges the assignment to it of the Mortgage Loans together with the assignment to it of all other assets included in the Trust Fund, including the amounts to be deposited into the Special Retail Rounding Accounts, receipt of which is hereby acknowledged.

  • The Trustee acknowledges the assignment to it of the Mortgage Loans together with the assignment to it of all other assets included in the Trust Fund, including the amounts to be deposited into the Special Retail Rounding Accounts, receipt of which, subject to the provisions of Section 2.02(a), is hereby acknowledged.

  • Any amounts withdrawn by the Trustee from the Rounding Accounts shall be deposited in the Certificate Account for distribution to the Holders of the Special Retail Certificates as described in the preceding paragraph.

  • The Trustee acknowledges the assignment to it of the Mortgage Loans together with the assignment to it of all other assets included in the Trust Fund, including the amounts to be deposited into the Class I-A-22, Class I-A-26 and Class I-A-27 Rounding Accounts, receipt of which is hereby acknowledged.

  • On or prior to the Closing Date, the Trustee shall establish the Class IV-A-5, Class IV-A-6 and Class IV-A-7 Rounding Accounts, and DLJ shall deposit $999.99 in each such Rounding Account.

  • On or prior to the Closing Date, the Trustee shall establish the Class I-A-5, Class II-A-13, Class II-A-14, Class II-A-20, Class II-A-23, Class II-A-24, Class II-A-26, Class II-A-28, Class II-A-30 and Class II-A-32 Rounding Accounts, and the Underwriter shall deposit $999.99 in each such Rounding Account.

  • The Trustee acknowledges the assignment to it of the Mortgage Loans together with the assignment to it of all other assets included in the Trust Fund, including the amounts to be deposited into the Class I-A-10 and Class I-A-11 Rounding Accounts and the Interest Rate Hedge Account, receipt of which is hereby acknowledged.


More Definitions of Rounding Accounts

Rounding Accounts. Each a separate Eligible Account established and maintained by the Trustee pursuant to Section 4.07 in the name of the Trustee for the benefit of the Class I-A-3, Class II-A-11 and Class II-A-12 Certificateholders, respectively and designated "Bank One, National Association in trust for registered holders of Credit Suisse First Boston Mortgage Securities Corp., Mortgage Pass-Through Certificates, Series 2001-33 Class [I-A-3] [II-A-11] [II-A-12]." Funds in the Class I-A-3, Class II-A-11 and Class II-A-12 Rounding Accounts shall be held in trust for the Class I-A-3, Class II-A-11 and Class II-A-12 Certificateholders for the uses and purposes set forth in this Agreement. The Class I-A-3 Rounding Account, Class II-A-11 Rounding Account and the Class II-A-12 Rounding Account shall be held uninvested as part of the Master REMIC for the uses and purposes set forth in this Agreement.
Sample 1
Rounding Accounts. The Class II-A-3, Class II-A-5 and Class II-A-7 Rounding Accounts.
Sample 1
Rounding Accounts. The Class III-A-7 Rounding Account or any of the Group I Rounding Accounts, as applicable.
Sample 1
Rounding Accounts. The Class A3 Rounding Account together with the Class A4 Rounding Account.
Sample 1
Rounding Accounts. The Class B-2 Rounding Account and the Class B-3 Rounding Account, collectively.
Sample 1

Related to Rounding Accounts

  • Rounding Account Not applicable.

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

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

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

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • 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.

  • Holding Account means an account:

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

  • Regular account means the account established for each active and inactive member un-

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) 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 Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. 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.

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

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

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

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

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

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

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.