Accounts Charge definition

Accounts Charge means the deed of charge referred to in Clause 12.1.4.
Accounts Charge means any one of them.
Accounts Charge means the first priority charge executed or (as the context may require) to be executed by the Borrowers in favour of the Security Agent in respect of the Accounts in the form set out in schedule 8;

Examples of Accounts Charge in a sentence

  • Each Lender agrees to the terms of the appointment of the Account Bank and confirms that the Account Bank has no liability to the Lenders in respect of amounts withdrawn from any Account (in accordance with this Agreement and the Accounts Charge Agreement).

  • To the extent the Borrower has any Lien in respect of any Deposit (as defined in the Offshore Accounts Charge), whether pursuant to the Cibernet Financial Net Settlement Regulations dated March 14, 1997 or otherwise, such Lien in favour of the Borrower shall in all respects be subordinate and postponed to the Security and the Borrower will take no action in respect of such Lien except any action specifically requested by the Senior Lenders.

  • EX02060363 and EA02060365, the following issues were resolved relating to the deferred balances of the following components of JCP&L’s SBC through July 31, 2003: 1) Consumer Education; 2) Demand Side Factor (“DSF”); 3) Uncollectible Accounts Charge (“UNC”); and 4) Nuclear Decommissioning Costs (“NDC”).2 2019 SBC PETITION On June 10, 2020, JCP&L filed the 2019 SBC Petition with the Board under BPU Docket No. ER20060394.

  • Account Fees: The following fees apply to all Accounts: Charge Back Fee: $5.00 per charge back; Copy of a Check: $2.00; Stop payments: $20.00; NSF: $29.00 per item; Foreign Item Collection: Varies (minimum amount of foreign Item must be $50.00 (U.S. dollars)); Research Fee (1 hour minimum): $15.00.

  • Collection Accounts, Charge Off Accounts, Accounts with Late Payments in the Previous 24 Months, and Judgments (TOTAL) The Mortgagee is not required to obtain an explanation of collection accounts, Charge Off Accounts, accounts with late payments, Judgments or other derogatory information.

  • Procedures for Student Lunch /Meal Accounts Charge PolicyThe National School Lunch Program (NSLP) requires school food authorities to establish written administrative guidelines and procedures for meal charges.

  • The terms of this Agreement shall be subject to the terms of the Custodian Accounts Charge and all rights hereunder shall be construed accordingly.

  • Accounts Charge, dated as of October 17, 2014, between Cordlife and Magnum, incorporated by reference to Exhibit 99.7 to the Original Schedule 13D.

  • The Accounts and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Accounts Charge.

  • In particular: Floating charges have certain weaknesses, including the following: (a) under the terms of the Trust Deed, the Notes are secured in favour of the Note Trustee for the benefit of itself and the other Secured Creditors by security over the Issuer's assets including assignments of various of the Issuer's rights pursuant to the English Security, the Irish Accounts Charge and the Greek Security.


More Definitions of Accounts Charge

Accounts Charge means the accounts charge entered or to be entered into between the Borrower and the Lender in respect of the Revenue Account.
Accounts Charge means a first priority charge required to be executed between the Borrowers and the Security Trustee in respect of the Earnings Accounts and the Retention Account in such form as the Agent may require in its sole discretion;
Accounts Charge means the charge over the Debt Service Reserve Account and the Borrower Account (governed by Ontario law) dated on or about the date of this Agreement granted by the Borrower in favour of the Original Lender pursuant to which a charge is created over the Debt Service Reserve Account and the Borrower Account as security, amongst other things, for the payment and performance of the Secured Liabilities Affiliate means, in relation to any person, a Subsidiary of that person or a Holding Company of that person or any other Subsidiary of that Holding Company Authorisation means an authorisation, consent, clearance, approval, permission, resolution, licence, exemption, filing, notarisation, lodgement or registration Availability Period means the period from and including the date of this Agreement to and including 31 December 2011 Available Commitment means, at any time a Lender's Commitment minus:
Accounts Charge and “Advance E” from Clause 1.2 of this Agreement;
Accounts Charge means the charge executed or (as the context may require) to be executed by the Borrower in favour of the Bank in respect of the Earnings Account in the form set out in schedule Schedule 5;

Related to Accounts Charge

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Access Charge has the meaning set out in Clause 6.1;

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Annual Service Charge as of any date means the maximum amount which is payable in any period for interest on, and original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable in respect of any Disqualified Stock.

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Rent and Charges Reserve means the aggregate of (a) all past due rent and other amounts owing by a Loan Party to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve equal to three months rent and other charges that could be payable to any such Person, unless it has executed a Collateral Access Agreement.

  • Transition bond charge means a charge, expressed as an

  • Withdrawal Charge means a charge taken by AUL equal to a percentage of the Account Value withdrawn pursuant to Section 4.8, where the percentage varies by the Participant Account Year in which the withdrawal is made. The first Participant Account Year begins on the date when AUL establishes a Participant Account and credits the initial Contribution for the Participant, and ends on the day immediately preceding the next anniversary of such date. Each Participant Account Year thereafter begins on such an anniversary date and ends on the day immediately preceding the next succeeding anniversary date. The Withdrawal Charge percentage is as follows: During Withdrawal Charge Participant Account Years Percentage However, for any Participant who also participates in AUL Series III group annuity contract GA XX,XXX, the initial Withdrawal Charge percentage under this contract shall be equal to the Withdrawal Charge percentage applicable to the Participant under the AUL Series I group annuity contract from which funds have been transferred to such Series III contract, determined by AUL immediately prior to the date of such transfer, rounded down to the next whole Withdrawal Charge percentage if the Withdrawal Charge percentage under such Series I contract is a fractional Withdrawal Charge percentage. However, the Withdrawal Charge percentage under this paragraph shall never be greater than 8%. The Withdrawal Charge percentage shall be decreased by 1% for each subsequent Participant Account Year until the Withdrawal Charge percentage equals 4%. (However, if the applicable Series I contract Withdrawal Charge percentage is less than 4%, it shall be rounded up to 4% in this contract.) This 4% Withdrawal Charge percentage shall be in effect during the next 6 consecutive Participant Account Years. Thereafter, the Withdrawal Charge percentage shall be reduced to 0%. In no event will the cumulative total of all Withdrawal Charges, including those previously assessed against any amount withdrawn from a Participant Account, exceed 9% of total Contributions allocated to that Participant Account.

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Carrying Costs With respect to any Payment Date, the sum of amounts payable under Section 2.6(a)(v)(A)-(C).

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Access Charges means the sum payable under the Access Agreement and/or this RAO agreed by the Operators to be paid by the Access Seeker to the Access Provider for providing the Access Service, the indicative Access Charges are as per Appendix C hereof which rate is exclusive of GST which shall be payable also by the Access Seeker.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.