Service Account definition

Service Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Other Fees.
Service Account means an account from Our current account range, a Business Investment Account, a Midas Gold Account or a Summit Account that You hold with the Bank in Your name(s). You will be required to maintain a Service Account for the duration of the Treasury Fixed Term Deposit Account.
Service Account means any account that may be an account of the Client with Butterfield, as specified in the Schedule to the Application (or any other document), which the Client wishes to access using the Service.

Examples of Service Account in a sentence

  • Maintenance of the Nonprofit School Food Service Account – Revenues and expenses are in accordance with Federal regulation, expenses are necessary, reasonable, and allocable and used only for the operation and improvement of the school food service.

  • Moneys held for the credit of a Series Reserve Account shall be used for the purpose of paying interest or principal or Amortization Installment or Maturity Amount on the Bonds of the related Series whenever amounts on deposit in the Series Debt Service Account shall be insufficient for such purpose.

  • Levy and Collection of Annual Tax; Transfer to Debt Service Account.

  • A "Full Service Account" is an account maintained by FTIS for a Fund shareholder of record.

  • If the balance in the Debt Service Account is ever insufficient to pay all principal and interest then due on the Bonds and any other bonds payable therefrom, the deficiency shall be promptly paid out of any other funds of the City which are available for such purpose, and such other funds may be reimbursed with or without interest from the Debt Service Account when a sufficient balance is available therein.


More Definitions of Service Account

Service Account means any account or other financial product or service that you maintain with us and in connection with which you use or may use any function or feature of any Service. A Service Account may include, for example and without limitation, a deposit account, a loan account, a credit card or other line of credit account, or a general purpose reloadable stored value card. We reserve the right to determine the eligibility and/or ineligibility of any account or financial product or service as a Service Account, and the eligibility and/or ineligibility of any Service Account for any Service functionality or transaction, at any time and from time to time, in our sole and absolute discretion and without notice to you, subject to the requirements of applicable law. You may call us at the telephone number provided in the “Errors or Questions” section of this Agreement for current information about the eligibility of certain accounts, products and services as Service Accounts and the eligibility of certain Service Accounts for certain Services.
Service Account means an agreement between a Customer and the City for the supply of Utility Services which is non-transferable. A Service Account is considered active while Utility Services are being provided.
Service Account has the meaning set forth in SCE’s Rule 1.
Service Account means an account used for servicing a computer system that may be used by more than one User.
Service Account means the non-interest and non-profit bearing account which is maintained by the Bank for the Cardholder, into which any amount of the Current Balance which is due and unpaid after the relevant Payment Due Date, is transferred from the Card Account.
Service Account means a non-transferable agreement between an Owner or Occupant and the City for the supply of Utility Services. The terms of this bylaw form a part of the Service Account and includes amounts payable by the Owner or Occupant to the City. A Service Account is considered active while Utility Services are being provided.
Service Account means any account or other financial product or service that you maintain with us and in connection with which you use or may use any function or feature of any Service. A Service Account may include, for example and without limitation, a deposit account, or a loan account or other line of credit account. We reserve the right to determine the eligibility and/or ineligibility of any account or financial product or service as a Service Account, and the eligibility and/or ineligibility of any Service Account for any Service functionality or transaction, at any time and from time to time, in our sole and absolute discretion and without notice to you, subject to the requirements of applicable law. You may call us at the telephone number provided in the “Errors or Questions” section of this Agreement for current information about the eligibility of certain accounts, products and services as Service Accounts and the eligibility of certain Service Accounts for certain Services.