Authorized Bank Account definition

Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.
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Authorized Bank Account means a demand deposit account at a top tier United States banking institution with deposits of no less than $100 billion and a credit rating of AA-/AA3 or higher from Standard & Poor’s or Moody’s, respectively.
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Authorized Bank Account means any Officially Designated bank account towhich redemption proceeds may be sent.
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Examples of Authorized Bank Account in a sentence

  • In the event the Members determine that a Campus Crest Triggering Event has not occurred, then Campus Crest shall have the right to reinstate the authority of the Campus Crest Authorized Bank Account Signatory with respect to the applicable bank or financial accounts.

  • Date: 3 digit code: Authorized Bank Account SignatureThe [Valley of the Sun] YMCA (“YMCA”) is a charitable, nonprofit entity that strives to support programs that build healthy spirit, mind and body for all.

  • If HSRE notifies Campus Crest that it reasonably believes, in good faith, that a Campus Crest Triggering Event has occurred, HSRE shall have the right, with or without further cause, in its sole and absolute discretion, to revoke the authority of any Campus Crest Authorized Bank Account Signatory and to appoint the HSRE Bank Account Representative as a replacement for such Campus Crest Authorized Bank Account Signatory.

  • Campus Crest may authorize one or more individuals to sign checks on and withdraw funds from such bank or financial accounts (each, a “Campus Crest Authorized Bank Account Signatory”).

  • Name of Authorized Bank Account Signatory orCardholder (print)Signature of Authorized Bank AccountSignatory or CardholderDate (mm/dd/yyyy) 6.

  • In anticipation of transferring the Property to the Entity, I have taken such legal and/or accounting advice as was necessary to fully understand the impact (if any) on my tax position and the extent of any reporting obligations which I may have as a result of the transfer of the Property to the Entity.

  • M-Pesa customers can register using their mobile phone, open a CBA electronic savings account, and then request a loan from CBA.

  • Date:3 digit code: Authorized Bank Account Signature Financial Agreement Athlete Name: Payments due at the time of registration:First Month’s Dues: $ (based on practice group)(prorated to 1/2 if joining after the 15th) Total amount due at time of registration: $ Monthly Dues and Swim Meet Payments:You will be drafted by the YMCA on the 9th of each month for your athlete’s monthly dues.

  • I am also responsible for all other recovery costs.________________________________________________ __________________________Authorized Bank Account Signature Date Daycam p Behavior Expectations Be Respectful –follow the golden rule and respect staff, other cam pers, yourself and environm entBe Responsible – do what is r ight.

  • The City of Lodi Construction Specifications.The City of Lodi Public Improvement Design Standards.


More Definitions of Authorized Bank Account

Authorized Bank Account means any Officially Designated bank account to which redemptionproceeds may be sent.
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Related to Authorized Bank Account

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Authorized account means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

  • 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.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Control Account means a Securities Account or Commodities Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodities Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.