Account Current definition

Account Current means an account or accounts maintained by the Mortgagee, in accordance with its usual practice, evidencing the amounts from time to time lent by, owing to and paid to it under the Security Documents. Such account or accounts shall, in the absence of manifest error, be conclusive as to the amount from time to time owing by the Owner to the Mortgagee under the Security Documents and any certificate from the Mortgagee as to the amount owing by the Owner under the Security Documents shall be conclusive in the absence of manifest error, and the sum specified in any such certificate shall be the certain and liquidated sum owing by the Owner to the Mortgagee; and

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Account Current means an account or accounts maintained by the Security Agent, in accordance with its usual practice, evidencing the amounts from time to time lent by, owing to and paid to it under the Finance Documents. Such account or accounts shall, in the absence of manifest error, be conclusive as to the amount from time to time owing by the Owner to the Security Agent and/or the Finance Parties under the Finance Documents and any certificate from the Security Agent as to the amount owing by the Owner under the Finance Documents shall be conclusive in the absence of manifest error, and the sum specified in any such certificate shall be the certain and liquidated sum owing by the Owner to the Security Agent; and

Account Current means, as used in this Deed and in the Mortgage, an account which shall be kept by the Owner with the Mortgagee and to which the Mortgagee, shall (without demand or notice) debit the whole of the Secured indebtedness) and shall be deemed to include any and all accounts whatsoever now or from time to time kept by the Owner with the Mortgagee;

Examples of Account Current in a sentence

• In case that a ship mortgage in the form of Account Current is granted as security under this Agreement, the account(s) referred to in this Clause shall be the Account Current referred to in such mortgage.

• Aetna does not intend to exercise this right in cases where an Account Current Value is reduced to $2,500 or less solely due to investment performance.

• In case that a ship mortgage in the form of Account Current is granted as security under this Agreement, the account(s) referred to in this Clause shall be the Account Current referred to in the mortgage.

• Contract Schedule I Accumulation Period Separate Account -------------------------------------------------------------------------------- Separate Account: Variable Annuity Account B Charges to Separate A daily charge is deducted from any portion of the Account: Current Value allocated to the Separate Account.

• In case that a ship mortgage in the form of Account Current is granted as security under this Agreement and the Master Agreement, the account(s) referred to in this Clause shall be the Account Current referred to in such mortgage.

• Current Account Current account opened for the Investor in a credit institution, payment or electronic money institution registered and/or licensed in the European Economic Area, Switzerland or the United Kingdom, and the payment made meets the following criteria: a) the type of payment is a SEPA payment made in euro; b) the payment is made from the Investor’s current account (IBAN); c) the Investor’s name and surname are clearly and precisely indicated in the details of the received payment.

• The Agent and/or the Security Agent shall maintain a control account (being, in the case of any Mortgage which is in statutory form, the "Account Current" referred to in such Mortgage) showing the Loan and other sums owing by the Borrowers under the Security Documents and all payments in respect thereof being made from time to time.

• Keeping your Stripe Account Current: You agree to keep the information in your Stripe Account current.

• The Maintenance Fee (see 6.01) will be deducted from the Plan Account Current Value on each anniversary of the Plan Account effective date and on surrender of the entire Plan Account.

• Collection Account Current Account maintained by the Payment Service Agent with the Acquirer for the use to collect all input from FPX Transaction Counterparty In a relationship between Participants who are engaged in a FPX Payment, the Participant on the other end / opposite side of the payment instruction is called the Counterparty.

More Definitions of Account Current

Account Current shall contain the information shown on the attached sample Account Current (Schedule IV). The weekly data transmission shall contain the information specified on Schedule V for each such policy. In the event circumstances outside of PA's control result in the delayed issuance of a material number of Program renewal policies and thereby result in the inclusion of such premiums in the Account Current of PA for a month subsequent to the effective month, PA shall notify AHI of such event and request the consent of AHI for the payment of such premiums along with the payment of the Account Current in which such premiums are included. AHI shall not unreasonably withhold such consent.