Direct Account Clients Sample Clauses

Direct Account Clients. (i) Within ten (10) Business Days after the date of this Agreement, Seller shall, and the Class A Owners shall cause Seller to, send a notice to all Direct Account Clients as of the date of this Agreement:
Sample 1
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Direct Account Clients. (i) Within ten (10) Business Days after the date of this Agreement, Seller shall, and the Owner Parties shall cause Seller to, send a Consent notice to all Direct Account Clients as of the date of this Agreement, in the form of Exhibit C. If any Investment Advisory Contract or other Direct Account Contract between Seller and a Direct Account Client provides that it would terminate upon the consummation of the Transactions or require a new Contract to be entered into to consummate the Transactions, Seller shall (and the Owner Parties shall cause Seller to) use commercially reasonable efforts to obtain a new Investment Advisory Contract or new other Direct Account Contract between Federated or its designated advisory Subsidiary and the applicable Direct Account Client, in substantially the same form as the existing Investment Advisory Contract or other Direct Account Contract (with such changes as may be reasonably requested by Federated; provided, that Federated shall not have the right to prevent a Consent from being obtained if any such change requested by Federated is not agreed upon) to be executed and delivered by Federated (or its designated advisory Subsidiary) and effective as of the Closing.
Sample 1

Related to Direct Account Clients

  • Agent’s Own Account; Clients’ Account The Company consents to the Agent trading, in compliance with applicable law, in the Common Shares for the Agent’s own account and for the account of its clients at the same time as sales of the Shares occur pursuant to this Agreement.

  • Project Accounts The Grantee agrees to establish and maintain for the Project either a separate set of accounts or accounts within the framework of an established accounting system, in a manner consistent with 49 C.F.R. § 18.20, or 49 C.F.R. § 19.21, as amended, whichever is applicable.

  • Account Access Electronic Check Transactions may only be made from your checking account.

  • Fund Custody Accounts As to each Fund, the Custodian shall open and maintain in its trust department a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities, cash and other assets of such Fund which are delivered to it.

  • Establishment of Custodial Account; Deposits in Custodial Account The Seller shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “PrimeLending, in trust for Redwood Residential Acquisition Corporation as Purchaser of Mortgage Loans and various Mortgagors.” Such Custodial Account shall be an Eligible Account established with a commercial bank, a savings bank or a savings and loan association (which may be a depository affiliate of the Seller) which meets the guidelines set forth by the FHFA, Fxxxxx Mxx or Fxxxxxx Mac as an eligible depository institution for custodial accounts. The Custodial Account shall not be transferred to any other depository institution without the Purchaser’s approval, which shall not unreasonably be withheld. In any case, the Custodial Account shall be insured by the FDIC in a manner which shall provide maximum available insurance thereunder and which may be drawn on by the Seller. The Seller shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date):

  • Lockbox Account Each Obligor has been, or will be, directed to make all payments on their related Receivable to the Lockbox Processor for deposit into the Lockbox Account.

  • Account Information The account balance and transaction history information may be limited to recent account information involving your accounts. Also, the availability of funds for transfer or withdrawal may be limited due to the processing time for any ATM deposit transactions and our Funds Availability Policy.

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Concentration Account Concentration Account" has the meaning set forth in Section 2.3.

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

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