Seller’s Bank Account definition

Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

Seller’s Bank Account means, in respect of a Seller, the account notified by such Seller to the Purchaser no later than two Business Days prior to the Closing Date;

Seller’s Bank Account means the bank account of the Seller, as set out in Schedule 1 hereto;

Examples of Seller’s Bank Account in a sentence

• On the Completion Date, the Buyer shall pay, or procure payment, to the Seller’s Bank Account of an amount equal to the Consideration.

• The Purchaser must make all payments due to the Seller under this Agreement by telegraphic transfer, in immediately available funds, to the Seller’s Bank Account.

• In the event of an erroneous withdraw from Seller’s Bank Account to Buyer, Seller expressly authorizes Buyer to credit Seller’s Bank Account for the amount erroneously withdrawn.

• If Buyer agrees to accept the remittance of the Daily Retrieval by debiting Seller’s Bank Account, Seller irrevocably authorizes Buyer or its designated successor or assignee to withdraw the Daily Retrieval by (i) initiating a debit via the Automated Clearing House (ACH) system; and/or (ii) any other means deemed appropriate to Buyer, in Buyer’s sole and absolute discretion, to debit entries from Seller’s Bank Account and transfer such funds to Buyer.

• If Seller cancels this Agreement prior to Buyer delivering the Purchase Price, Seller will be charged the Cancellation Fee set forth on the Fee Structure Addendum and the Cancellation Fee will be debited via ACH from Seller’s Bank Account.

More Definitions of Seller’s Bank Account

Seller’s Bank Account means the Seller’s bank account, details of which shall be notified by the Seller to the Buyer at least 3 Business Days before the Completion Date;

Seller’s Bank Account means the bank account of the Seller as notified to the Buyer in writing on or prior to Closing Date;

Seller’s Bank Account means any bank account or bank accounts to be designated by Sellers in a written notice to Purchaser at least five Business Days before the Closing.

Seller’s Bank Account means the bank account specified in Aircraft Sale Details or such other account nominated by the Seller in writing.

Seller’s Bank Account means the bank account as Sellers shall designate in writing, from time to time, to the Purchaser Entities for purposes of this Agreement.

Seller’s Bank Account means the bank account described in Section O of the Schedule.

Seller’s Bank Account means the bank account of the Seller in a commercial bank as named in the Bid Confirm Letter, the identity of which has been agreed between the Parties.