Funding Accounts. The Administrative Agent shall have received a notice setting forth the deposit account(s) of the Borrowers (the “Funding Accounts”) to which the Lender is authorized by the Borrowers to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.
Funding Accounts. If you use ”CardSwap”, payments will be paid using funds from your HFS Debit or Credit Card and from any other debit or credit card you choose from your Funding Account(s) (each, a "Funding Account"). By initiating a payment through “CardSwap”, you authorize Us to charge the Funding Account linked to your Payment card(s) that you designate to pay such bill. You represent and warrant that you have the right to authorize Us to charge the Funding Account for payments you initiate using “CardSwap”. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments made using the Debit or Credit Card linked via “CardSwap”. If for any reason the Payee is unable to access funds from the specified Funding Account to make a payment transaction you initiate (for example, non-sufficient funds, restricted, expired, or closed Debit or Credit Card, exceeding maximum limits of Debit or Credit Card), the transaction may not be completed. We are not responsible for any overdraft fees, over-the-limit fees, or insufficient fund charges (including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the Debit or Credit card linked via “CardSwap”.
Funding Accounts. If you use the Payment Service, bills will be paid using funds from the Credit Union accounts that are permitted –Credit, Debit and Checking accounts. (each, a "Funding Account"). By initiating a xxxx payment through the Payment Service, you authorize Us to charge the Funding Account(s) that you designate to pay such xxxx. You represent and warrant that you have the right to authorize Us to charge each Funding Account for payments you initiate using the Payment Service. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments you initiate using the Payment Service. If for any reason the Payment Service is unable to access funds from a specified Funding Account to complete a xxxx payment transaction you initiate (for example, non-sufficient funds), the transaction may not be completed. We are not responsible for any overdraft fees, over-the-limit fees, or insufficient fund charges (including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the Payment Service.
Funding Accounts. 12.1. The Client may fund their account [hereinafter also referred to as: ‘Deposit’, wherever applicable], through one of the numerous payment methods that the Company provides.
Funding Accounts. Servicer shall establish one or more funding accounts for making payment of the Client Companies’ obligations on behalf of the Client Companies pursuant to the performance of the Services and Stewardship Services (each, a “Funding Account”, and collectively, the “Funding Accounts”). The initial Funding Account established pursuant to this Section 6 prior to the Effective Date (the “Primary Funding Account”) was initially pre-funded with $5 million. After the Effective Date, Servicer may, in its reasonable discretion and with the consent of the SM Client Companies, cause the SM Client Companies to make an initial contribution to the Funding Accounts of $5 million. Servicer may elect to fund any Funding Account with a portion of the funds then maintained in any other Funding Account; provided, that at no time shall the aggregate closing balance of all of the Funding Accounts, exclusive of additional funding amounts maintained in the Funding Accounts pursuant to the next succeeding sentence, exceed $10 million. From time to time, if Servicer determines in its reasonable discretion that additional funding for any Funding Account is needed to continue to make payments of the Client Companies’ obligations on behalf of the Client Companies pursuant to the performance of the Services and Stewardship Services, Servicer shall provide the Client Companies with written notice of the same setting forth such additional funding amount, and promptly after receipt of such notice each Client Company shall pay its Allocated Share of such additional funding amount to Servicer; provided, that Servicer shall not request any such additional funding by the Client Companies in an aggregate amount exceeding the aggregate amount of Charges and reimbursements of Stewardship Costs to be made by the Client Companies during the period of two (2) Business Days following such additional funding. Notwithstanding the foregoing, at no time shall the daily aggregate closing balance of all of the Funding Accounts exceed $25 million. Servicer shall be permitted to invest the funds in the Funding Accounts in Permitted Investments. Servicer shall have no liability to any Client Company for any losses associated with any Permitted Investment made by Servicer. Any proceeds from any Permitted Investment made with funds from the any Funding Account shall be quantified on a monthly basis and applied as a credit to each Client Company in the next day’s settlements pursuant to Section 5(a), each such cr...
Funding Accounts. If you use CardSwap®, payments will be paid using funds from your designated Payment Card. By initiating a payment through CardSwap®, you authorize us to charge the Funding Account that is linked to the Payment Card you designate to pay such bill. You represent and warrant that you have the right to authorize us to charge the Funding Account for payments you initiate using CardSwap®. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments made using the debit or credit card linked via CardSwap®. If for any reason the Payee is unable to access funds from the specified Funding Account to make a payment transaction you initiate (for example, non-sufficient funds, restricted, expired, or closed debit or credit card, exceeding maximum limits of debit or credit card), the transaction may not be completed. We are not responsible for any overdraft fees, over-the-limit fees, or nonsufficient funds fee (including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the debit or credit card linked via CardSwap®.
Funding Accounts. The Administrative Agent shall have received a notice setting forth the deposit account of the US Borrowers (the “US Funding Account”) and the deposit account of the Canadian Borrowers (the “Canadian Funding Account”) to which the Administrative Agent is authorized by the US Borrowers and the Canadian Borrowers to transfer the proceeds of any Borrowings by the US Borrowers or the Canadian Borrowers requested or authorized pursuant to this Agreement.
Funding Accounts. Accounts may be funded via check, wire, ACH, Automated Customer Account Transfer Service (ACATS) request from a current custodian or other method accepted by TDAI. You understand that you may make deposits into or withdrawals from the Program Account at any time, and acknowledge that such deposits or withdrawals may trigger buy, sell or rebalancing transactions in the Program Account. You understand that withdrawals from the Program Account may result in adverse tax consequences and may prevent you from meeting your investment objectives. ACATS will be processed subject to approval by TDAI.
Funding Accounts. The Administrative Agent shall have received a notice setting forth the deposit account of the Borrowers and the Canadian deposit account of the Canadian Borrower (domiciled in Canada) (the “Funding Account”) to which the Administrative Agent, Canadian Funding Bank or any Lender is authorized by the Borrowers and the Canadian Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement. Any reference to the Funding Accounts in this Agreement, in respect of Canadian Borrowings, shall mean the Canadian Borrower’s deposit account domiciled in Canada.
Funding Accounts. I f you use the Payment Service, bills will be paid using funds from the Grand Rapids State Bank accounts that are permitted – Grand Rapids State Bank Credit, Grand Rapids State Bank Debit and Grand Rapids State Bank Checking accounts. ( each, a "Funding Account"). By initiating a bill payment through the Payment Service, you authorize Us to charge the Funding Account( s) that you designate to pay such bill. You represent and warrant that you have the r ight to authorize Us to charge each Funding Account for payments you initiate using the Payment Service. You agree to maintain a balance or available credit limit in each specified Funding Account that is sufficient to fund all payments you initiate using the Payment Service. I f for any reason the Payment Service is unable to access funds from a specified Funding Account to complet e a bill payment transaction you initiate ( for example, non-sufficient funds), the transaction may not be completed. We are not responsible for any overdraft fees, over -the-limit fees, or insufficient fund charges ( including finance charges, late fees, or similar charges) that result from your failure to maintain a balance or available credit in a Funding Account that is sufficient to fund the payments you initiate using the Payment Service.
