Primary Account Sample Clauses

The Primary Account clause designates a specific account as the main or default account for a particular purpose, such as receiving payments or managing transactions. In practice, this clause identifies which account will be used for all primary financial activities under the agreement, ensuring that all parties know where funds should be sent or received. By clearly establishing a single account for key transactions, the clause helps prevent confusion, misdirected payments, and disputes over which account should be used.
POPULAR SAMPLE Copied 1 times
Primary Account. As defined in the MMA, Member has a “Primary Account” for creating and settling payment orders and other transactions.
Primary Account. You select the accounts you would like to access through the Services. One of the Accounts must be designated as the “Primary Account". The Primary Account may either be a checking or money market account. If you select a money market account as the Primary Account for ▇▇▇▇ Pay purposes, federal regulations limit the number of third party payments per account statement cycle. Transactions that exceed this limitation may be subject to excessive transaction fee for each occurrence and the continuation of exceeding this limitation may result in the closure of the account. Please refer to the Truth in Savings Disclosure for your Account for additional terms and conditions.
Primary Account. Representative
Primary Account. Balance (All Net Pay or remainder after secondary account) BANK NAME: BR ANCH CITY STATE ZIP ROUTING NUMBER2* ACCOUNT NO. ACCOUNT TYPE: Checking Savings Money Market3*
Primary Account. You must designate an account from which your membership fee will be paid for each paid subscription period (“Primary Account”). Your brokerage cash will be used as the default Primary Account if you do not designate a different account as the Primary Account.
Primary Account. You will designate a primary account during the application process. You agree to pay promptly all fees and charges for services provided under this Agreement, and authorize us to charge the account that you have designated as the primary account or any other account for any fees and charges. If you close your primary account, you must notify us and identify a new payment account for the selected services.
Primary Account. You authorize Robinhood to initiate recurring electronic debits to your Primary Account in the amount of the membership fee at the beginning of each subscription period.

Related to Primary Account

  • Primary Accounts Borrower will maintain its primary depository and operating accounts with Bank.

  • Discretionary Accounts In the case of a Registered Offering of Securities issued by an Issuer that was not, immediately prior to the filing of the Registration Statement, subject to the requirements of Section 13(d) or 15(d) of the 1934 Act, you will not make sales to any account over which you exercise discretionary authority in connection with such sale, except as otherwise permitted by the applicable AAU for such Offering.

  • Separate Account If Student-Generated Content is stored or maintained by the Provider, Provider shall, at the request of the LEA, transfer, or provide a mechanism for the LEA to transfer, said Student- Generated Content to a separate account created by the student.

  • Operating Account To the extent funds are not required to be placed in a lockbox pursuant to any Loan Documents, Property Manager shall deposit all rents and other funds collected from the operation of the Property in a reputable bank or financial institution in a special trust or depository account or accounts for the Property maintained by Property Manager for the benefit of the Company (such accounts, together with any interest earned thereon, shall collectively be referred to herein as the “Operating Account”). Property Manager shall maintain books and records of the funds deposited in and withdrawals from the Operating Account. With funds from Company, Property Manager shall maintain the Operating Account so that an amount at least as great as the budgeted expenses for such month is in the Operating Account as of the first of each month. From the Operating Account, Property Manager shall pay the operating expenses of the Property and any other payments relative to the Property as required by this Agreement. If more than one account is necessary to operate the Property, each account shall have a unique name, except to the extent any Lender requires sub-accounts within any account. Within three (3) months after receipt by Property Manager, all rents and other funds collected in the Operating Account, after payment of all operating expenses, debt service and such amounts as may be determined by the Property Manager to be retained for reserves or improvements, shall be paid to the Company.

  • Depository Accounts Except to the extent that Manager has not complied with its obligations under Sections 2.4 and 5.2, Owner and Manager agree that Manager shall have no liability for loss of funds of Owner contained in the bank accounts for the Property maintained by Owner or Manager pursuant to this Agreement due to insolvency of the bank or financial institution in which its accounts are kept, whether or not the amounts in such accounts exceed the maximum amount of federal or other deposit insurance applicable with respect to the financial institution in question.