About Account Clause Samples

About Account. 1.1 If you need to use the App and services, you must fully agree to the terms of this Agreement, follow relevant laws and regulations, and complete the registration process in accordance with the requirements of the registration page, including but not limited to entering correct basic materials and information. According to relevant laws and regulations, you are obliged to ensure the authenticity, legality, immediate validity, and accuracy of the information provided, and you are obliged to assume legal responsibility for all the information provided. You shall understand and agree that if you cannot perform the above obligations, we shall have the right to refuse to provide you with all or part of our services and the adverse consequences and any legal responsibilities arising therefrom shall be borne by you. 1.2 You are obliged to properly keep your account and related passwords and use your account and passwords correctly and safely. You have rights and responsibilities in accordance with the law for the behaviors of the account you hold after logging in. You shall not share the account with a third party, or transfer the account to others. 1.3 If you use other people’s information to register and log in to our App or make third-party payments, all legal liabilities arising therefrom shall be borne by you. If we find that the account materials or account information you use belong to someone else, we shall have the right to refuse to provide you with any business. If your identity materials and information are found to have been used to register the App or used without your legal authorization, please contact us in time. 1.4 You should notify us as soon as you know that your account or password has been illegally used, stolen or abnormalities occur, and you have the right to notify us to take measures to suspend the login and use of the account. 1.5 You shall fully understand and agree that in order to improve the security level of services, we shall have the right to apply relevant technologies or software to the App, but we do not guarantee that these security assurance measures can completely prevent the risk of accounts being stolen or lost. 1.6 You shall fully understand and agree that if the use of your account is restricted, frozen or terminated in accordance with relevant business rules, which may result in the deletion of data and related information under your account, the loss of related rights and interests arising therefrom shall be borne...
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  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein. (b) The Property Trustee shall deposit in the Payment Account, promptly upon receipt, all payments of principal of or interest on, and any other payments or proceeds with respect to, the Debentures. Amounts held in the Payment Account shall not be invested by the Property Trustee pending distribution thereof.

  • Income Account The Trustee shall collect the dividends and other cash distributions on the Securities in each Trust which would be treated as dividend (other than capital gain dividends) or interest income under the Internal Revenue Code as such become payable (including all monies which would be so treated representing penalties for the failure to make timely payments on the Securities, or as liquidated damages for default or breach of any condition or term of the Securities or of the underlying instrument relating to any Securities and other income attributable to a Failed Contract Obligation for which no Replacement Security has been obtained pursuant to Section 3.12 hereof) and credit such income to a separate account for each Trust to be known as the "Income Account." Any non-cash distributions received by a Trust shall be sold to the extent they would be treated as dividend or interest income under the Internal Revenue Code and the proceeds shall be credited to the Income Account. Except as provided in the preceding sentence, non-cash distributions received by a Trust (other than a non-taxable distribution of the shares of the distributing corporation which shall be retained by a Trust) shall be dealt with in the manner described in Section 3.11, herein, and shall be retained or disposed of by such Trust according to those provisions and the proceeds thereof shall be credited to the Capital (Principal) Account. Neither the Trustee nor the Depositor shall be liable or responsible in any way for depreciation or loss incurred by reason of any such sale. All other distributions received by a Trust shall be credited to the Capital (Principal) Account."

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

  • Disbursement Account 12.1 The Lender is obligated to keep the bank account information provided on the Platform up to date. The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”). 12.2 Any transfers by the Borrower to an account held by the Lender within SEPA shall not be subject to any fees.