Wachovia Account definition
Examples of Wachovia Account in a sentence
As soon as available, and in any event, within thirty (30) days following the end of each calendar month, Borrower shall furnish to Lender a copy of the brokerage statements for Wachovia Account #4143-6667.
Borrower shall not transfer or withdraw the Purchased Stock from Wachovia Account #4143-6667 without the prior written consent of Lender.
Borrower shall not, either directly or indirectly, create, assume, incur or suffer or permit to exist any security interest or charge of any kind or character upon the Purchased Stock held in Wachovia Account #4143-6667 except for the security interest granted herein to the Lender.
Upon purchase, the Purchased Stock shall be deposited to Wachovia Account #4143-6667.
Once such Obligations shall be reduced to zero, any additional Collections received by the Servicer (i) if applicable, shall be remitted to the Fifth Third Account and the Wachovia Account no later than 12:00 noon (New York time) to the extent required to fund the Purchasers’ respective Percentages of any Aggregate Reduction on such Settlement Date and (ii) any balance remaining thereafter shall be remitted from the Servicer to Seller on such Settlement Date.
An eligible employee is limited to a combined total of twenty-‐six (26) work weeks of leave for any FMLA-‐qualifying reason during a single twelve (12) month period.
On or before the Final Wachovia Account Date, Borrower shall provide Agent with evidence that each Remaining Wachovia Account has been closed and that all funds therein have been transferred to the Cash Collateral Account.
Borrower shall establish and maintain the Restricted Wachovia Account.
If such amounts are payable to the Agent or to Wachovia, they shall be paid to the Wachovia Account until otherwise notified by Wachovia.
On each Settlement Date prior to the occurrence of the Amortization Date, the Servicer shall remit to the Fifth Third Account and the Wachovia Account each Purchaser’s respective Percentage of the amounts set aside during the preceding Settlement Period that have not been subject to a Reinvestment and apply such amounts (if not previously paid in accordance with Section 2.1) to reduce the Obligations.