Authorized Accounts definition

Authorized Accounts means the Account(s) of Company identified, to which Automated File Movement rendered by Bank will apply.
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Authorized Accounts means the deposit accounts to which the CIF identified in the Business Application form is related as the Primary Account Holder. Additional Authorized Accounts may be added by notifying the Bank and providing the Bank with any information or approval it will require.
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Authorized Accounts means the account(s) of Company, maintained at Bank.
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Examples of Authorized Accounts in a sentence

  • You agree to notify us immediately if you discover; (i) any error or discrepancy between your records and the information the Bank provides to you about your Authorized Accounts or transactions; (ii) unauthorized transactions involving your Account; or (iii) a breach in the confidentiality of the password or Security Codes.


More Definitions of Authorized Accounts

Authorized Accounts has the meaning assigned to such term in the Intercreditor Agreement. "BANKRUPTCY CODE" means Xxxxx 00, Xxxxxx Xxxxxx Code.
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Authorized Accounts means a deposit account of the Customer in the Bank designated by the Customer as a source of payment of (i) Payment Orders issued by the Customer to the Bank and (ii) Reverse Wire Transfers in accordance with instructions specified in Exhibit 2 (if any). If the Customer does not designate an account, any account of the Customer is an authorized account if payment of a Payment Order or a Reverse Wire Transfer from that account is not inconsistent with a restriction on the use of that account.
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Authorized Accounts shall be defined as an Account which consists of a single person or entity with sole authority to enter into agreements with Distributor or Company to acquire Company Services for itself or its different business locations. Each such entity, each affiliate, parent or subsidiary of an entity, or division or separate geographic location of an entity with the aforementioned authority shall constitute a separate Authorized Account. For example, if XYZ Hospital Chain, Inc. had multiple subsidiary corporations which operated divisions or geographically separate locations each with the authority to enter into agreements to acquire Services from Company, the parent company, each subsidiary, each division, and each location, would each constitute a separate Authorized Account. Any dispute related to the identity or separate nature of an Authorized Account shall be resolved by Company in its reasonable discretion after consultation with Distributor and/or any other Distributor affected.
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Authorized Accounts has the meaning assigned to such term in the Intercreditor Agreement.
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Authorized Accounts means an account of Customer at Bank which is designated by Customer to be subject to this Agreement.
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Authorized Accounts. Those accounts for which you request, and Bank agrees to provide, Check Positive Pay Services. At any given point in time, the fact that the Check Positive Pay Services are implemented on Bank’s systems for certain of your Accounts, shall serve as conclusive evidence that you designated such Accounts as Authorized Accounts.
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Related to Authorized Accounts

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Collection Accounts As defined in Section 3.10(a).

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.