Agency Account definition

Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.
Agency Account has the meaning assigned to such term in Section 5.08(c)(v).
Agency Account means an account of a Borrower maintained by it with a Clearing Bank pursuant to an Agency Account Agreement.

Examples of Agency Account in a sentence

  • Fiduciary Accounts With respect to all Fiduciary Accounts, including but not limited to Estate Accounts, Guardianship Accounts, Conservatorship Accounts, and any Formal Trust Account, Uniform Transfers to Minors Act Account, or Agency Account, we reserve the right to require such documents and authorizations as we may deem necessary or appropriate to satisfy that the person(s) requesting or directing the withdrawal of funds held in the account has the authority to withdraw such funds.

  • An Agency Account is an account to which funds may be deposited and withdrawals made by an Agent designated by the owner of the funds.


More Definitions of Agency Account

Agency Account means an account of the Borrower maintained by it with a Clearing Bank pursuant to an Agency Account Agreement.
Agency Account means an account to which funds may be deposited and from which payments may be made by an agent designated by a depositor. In the event there is more than one depositor named on an account, each depositor may designate the same or a different agent for the purpose of depositing to or making payments of funds from a depositor's account.
Agency Account means an account to which funds may be
Agency Account means, collectively, one or more accounts bearing the name of the Hotel where all funds received by Operator in the operation of the Hotel are deposited.
Agency Account means the Travel Agency’s customer account with Hertz.
Agency Account. The Agency Account to be maintained for each Facility for payment of Fixed Operating Expenses and Operating Expenses as described in Section 8.1 of the Management Agreement.
Agency Account shall have the meaning given to it in Section 7(a) of this Agreement.