Overdraft account definition

Overdraft account means the NOx allowance tracking system account, established by the U.S. EPA under section 10 of this rule, for each NOx budget source where there are two (2) or more NOx budget units.
Overdraft account means the NOx allowance tracking system account, established by the administrator under rule 3745-14-06 of the Administrative Code, for each NOx budget source where there are two or more NOx budget units.
Overdraft account means a Deposit account that is overdrawn as of the Closing Date on account of checks, drafts or other items that have been presented against such account for payment against insufficient funds and that, under applicable rules of the Federal Reserve Bank of Atlanta or other check collection rules or procedures, cannot be returned and charged back as a matter of right to the presenting or collecting bank.

Examples of Overdraft account in a sentence

  • The balance in the current account represents cash held with BC and is reckoned as Cash in Hand for the Bank for all regulatory purposes, which should be used to close the Overdraft account on every Thursday by EOD.

  • You can view Loan, Cash Credit & Overdraft account details under the tab of Loan Accounts.

  • Overdraft account with IDBI BANK are secured against the FDR of the company.

  • The facility will be available to customers having Savings / Current / Overdraft account with the Bank.

  • Overdraft account to be brought into credit once in a month.2. Credit Rating to be carried out as per Bank's extant guidelines though ROI is de-linked from credit rating.


More Definitions of Overdraft account

Overdraft account means a current Account of the Client with the Bank which the Bank agrees may be overdrawn under the terms of the Facility Documents;
Overdraft account means the NOx Allowance Tracking System account, established by the Administrator under section 41.9, for each NOx Budget source where there are two or more NOx Budget units.
Overdraft account means the NATS account, established by the Administrator under 9.1.1 of this regulation, for each NOx Budget source where there are two or more NOx Budget units.
Overdraft account means the NOX Allowance Tracking System account, established by the administrator under Article 6 (9 VAC 5-140-500 et seq.) of this part, for each NOX Budget source where there are two or more NOX Budget units.
Overdraft account means the Hong Kong Dollar Current Account to which the Overdraft can be utilized.
Overdraft account means the account established in the NATS for Budget Units and Opt-in Units at a stationary source that holds NOx allowances useable for compliance by each such Budget Unit and Opt-in Unit after all the NOx allowances in the compliance accounts of each such Budget Unit or Opt-in Unit are deducted.
Overdraft account means the account established by Company with Administrative Agent and referenced in the Overdraft Agreement.