ADI Account definition

ADI Account shall have the meaning provided in Section 10 of the Australian PPSA.
ADI Account means an account with an ADI;
ADI Account is any “ADI account” as defined in the PPSA with such additions to such term as may hereafter be made.

Examples of ADI Account in a sentence

  • If the Registrar concludes that a participant’s Nominated ADI Account has been correctly debited, the Registrar will provide the participant with reasons and any evidence for this finding.

  • ADI Account means each bank account held with an ADI that holds Client money for the purposes of the Stored Value Solution.

  • In such cases the Registrar will notify the participant in writing of the amount by which the Nominated ADI Account has been adjusted.

  • Cuscal will debit the ADI Account to facilitate any PPF Transaction.

  • If the Registrar is satisfied that a participant’s Nominated ADI Account has been incorrectly debited, the Registrar will arrange for the Nominated ADI Account to be reimbursed with the incorrectly debited amount.

  • The ADI Account is segregated from any assets beneficially belonging to Zepto.

  • A direct debit payment from the participant’s Nominated ADI Account will be attempted approximately 1 month prior to the vehicle’s registration expiry date.

  • If a participant believes there has been an error in debiting their Nominated ADI Account, the participant should notify Service SA directly by telephone on 13 10 84 and confirm that notice by email at reginfo@sa.gov.au as soon as possible.

  • The Customer must place all proceeds from the sale of the Products in an ADI Account (as that term is defined in the PPSA) separate from its own monies and the Customer must not allow any person to have control of, or grant a security interest over the proceeds or the accounts in which they are held.

  • A second direct debit payment from the participant’s Nominated ADI Account will then be attempted within approximately 3 days of the first attempted direct debit.


More Definitions of ADI Account

ADI Account means an Authorised Deposit Taking Institution account and includes a reference to a Visa or MasterCard credit card account;
ADI Account means an account with an authorised
ADI Account means an Authorised Deposit Taking Institution account and includes a reference to a Credit Card account;

Related to ADI Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Investment Account As defined in Section 3.12(a).

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Separate Accounts means the accounts which are to be prepared for each

  • Note Account As defined in the Indenture.

  • Regular account means the account established for each active and inactive member un-

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.