Dedicated Account Sample Clauses

Dedicated Account. As soon as reasonably practicable and following the Notification, the Host DGS shall select or open a Dedicated Account for that Payout. This account shall be and remain segregated from other Host DGS accounts. If more than one default occurs, separate accounts shall be opened per default. The currency of the account shall be the same as the Payout Currency. The Host DGS shall provide the Home DGS with all the necessary information (including, if applicable, bank account details – IBAN, BIC, code) about such account, promptly after receiving the notification of unavailability of deposits.

Dedicated Account. Amounts received on account of Excess Spread shall promptly, in any event within two (2) Business Days after receipt, be deposited in the Dedicated Account. Upon the Termination Date and the payment of all amounts due by Seller hereunder, all amounts on deposit in the Dedicated Account with respect to the Excess Spread shall be remitted to Seller.

Dedicated Account. Amounts received on account of MSRs and Portfolio Excess Spread (excluding Ancillary Income, Base Servicing Fee and Advance Reimbursement Amounts) and retained by the Seller pursuant to the related Servicing Contract or Participation Agreement, as the case may be, shall, subject to Section 6.12, promptly, in any event within two (2) Business Days after receipt, be deposited in the Dedicated Account. Prior to an Event of Default, funds deposited in the Dedicated Account (including any interest paid on such funds) may only be used in accordance with Section 6.12. On or after the occurrence of an Event of Default, amounts on deposit in the Dedicated Account may only be used in accordance with Section 6.12 and only to pay the Obligations hereunder. Upon the Termination Date and the payment of all amounts due by the Seller hereunder, all amounts on deposit in the Dedicated Account shall be remitted to the Seller.

Dedicated Account. Manager for each program B. 1 Dedicated Quality Manager C. 1 Dedicated on Site Program Manager for each program that Vendor provides Services. Separate programs shall be defined by Nextel.

Dedicated Account. Buyer shall establish and maintain the Dedicated Account in the form of a time deposit or demand account. Amounts received on account of MSRs and Portfolio Excess Spread (including Purchased MSR Excess Spread but excluding Ancillary Income) and retained by Seller pursuant to the related Servicing Contract or Participation Agreement, as the case may be, shall, subject to Section 6.12, promptly, in any event within two (2) Business Days after receipt, be deposited in the Dedicated Account. Prior to an Event of Default, funds deposited in the Dedicated Account (including any interest paid on such funds) may only be used in accordance with Section 6.12. On or after the occurrence of an Event of Default, amounts on deposit in the Dedicated Account may only be used in accordance with Section 6.12 and only to pay the Obligations hereunder. Upon the Termination Date and the payment of all amounts due by Seller hereunder, all amounts on deposit in the Dedicated Account shall be remitted to Seller.

Dedicated Account. Collections received on account of MSRs, including Advance Reimbursement Amounts and Portfolio Excess Spread, and retained by Seller pursuant to the related Servicing Contract or Participation Agreement, as the case may be, shall, subject to Section 6.12, promptly be deposited in the Dedicated Account. Funds on deposit in the Dedicated Account may be applied to satisfy the Seller’s obligation to pay the Required Payments on the related MRA Payment Date. LEGAL02/43438678v9

Dedicated Account. The State shall establish two dedicated accounts for the receipt of the Landowner’s Road Contribution: a dedicated escrow account for annual maintenance expenses, which may be currently expended or reserved for expenditure on annual maintenance in future years (the “Dedicated Maintenance Account”) and a dedicated escrow account for Capital Expenditures, which may be currently expended on Capital Expenditures or reserved for expenditure on capital expenditures in future years, but which may not be used for routine maintenance (the “Dedicated Capital Account”). The State shall deposit at most, 100% of the annual Base Amount and, at most, seventy-five percent (75%) of the annual Usage Fee in the Dedicated Maintenance Account. The State shall deposit a minimum of 10% of the annual Usage Fee in the Dedicated Capital Account. At the State’s discretion, all or a portion of the funds held in the Dedicated Maintenance Account may at any time or from time to time be transferred to the Dedicated Capital Account. Notwithstanding the foregoing provisions of this section, the parties agree that during the term of this Road Management Agreement, the State may expend the entire Road Contribution on routing maintenance and need not deposit any portion of the Road Contribution in the Dedicated Capital Account. For the purposes of this section “Capital Expenditures” shall mean any structure or repair in excess of $25,000 or anticipated to have a life span of greater than 10 years.

Dedicated Account. Seller shall establish and maintain the Dedicated Account in the form of a time deposit or demand account. During the occurrence and continuance of an Event of Default, amounts received on account of Portfolio Excess Spread and Servicing Rights and retained by Seller pursuant to the applicable Servicing Contract or Participation Agreement, as the case may be, shall promptly, and in any event within one (1) Business Day after receipt, be deposited in the Dedicated Account. Funds deposited in the Dedicated Account (including any interest paid on such funds) may be distributed only in accordance with Section 2.07. Upon the Termination Date and the payment of all Obligations due by Seller hereunder, all amounts on deposit in the Dedicated Account shall be remitted to Seller.

Dedicated Account. Concurrently with the execution and delivery of this Agreement the parties are establishing a dedicated merchant account (the "Dedicated Account") with CardService International, Inc. ("CardService") Or other mutually acceptable credit card issuer with offices located at 6101 Condor Drive, Moorpark, CA ▇▇▇▇▇. ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇ear the name "Batman" and shall remain open during the Term of this Agreement as defined pursuant to Paragraph 9 herein. The signatories to the account shall be Rene Jimenez of Internet Soluti▇▇▇ ▇▇▇ ▇▇▇▇s DeLong of Taconic (the "S▇▇▇▇▇▇▇▇▇▇"). No changes or amendments to the account or its terms shall be made unless with the prior written authorization of both Signatories to the account. The account shall be established solely for the Purpose of receiving the proceeds of all confirmed credit card sales of the Software Products by Insync in connection with on-line sales. The Dedicated Account documents shall provide that CardService is to remit the proceeds in accordance with the terms of and at the times provided in the Dedicated Account documents to a specially designated account maintained at The Chase Manhattan Bank (the "Chase Account") at 111 West 40th Street, New York, ▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇escribed in Paragraph 2 herein. Copies of The Dedicated Account and Chase Account documents shall be furnished at Closing to all of the parties herein.