Cash Account definition

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

Cash Account has the meaning given to it in Section 4.1.

Cash Account or “Cash Accounts” means any or all of the segregated trust accounts to be established at the Custodian to which the Custodian shall deposit or credit and hold any cash or Proceeds received by it from time to time from or with respect to the Securities or the sale of the Securities of the Company, as applicable, which trust accounts shall be designated the “Cash Proceeds Account”, “Principal Account”, and “Interest Account”.

Examples of Cash Account in a sentence

• This means that (i) the Client will have use of the funds from the date that a sale was contracted to settle or the payable date, which may be earlier than the date payment actually occurs and (ii) the Custodian will have use of the funds debited from the Cash Account from the date that a purchase was contracted to settle until the date that settlement actually occurs.

• Where Contractual Settlement applies, the Custodian will credit or debit the appropriate Cash Account on the contractual settlement date or payable date for the relevant transaction.

• The Custodian will credit such amounts to the Cash Account of the Client as received, except where Contractual Settlement applies.

• The Custodian reserves the right to decline to process any Proper Instruction or settle any transaction that would result in an overdraft of the Cash Account.

• Except as otherwise provided below regarding Contractual Settlement, the Custodian will credit or debit the appropriate Cash Account on an actual settlement or payment basis.

More Definitions of Cash Account

Cash Account means the account in which the funds handed over by the client shall be held by the Portfolio Manager on behalf of the Client.

Cash Account means the account created by the Company pursuant to Article III of this Plan in accordance with an election by a Director to receive deferred cash compensation under Article II hereof.

Cash Account has the meaning set forth in Section 8.01.

Cash Account means an account established under the Plan for a Non-employee Director to which cash meeting fees and retainers have been or are to be credited in the form of cash.

Cash Account means the trust accounts to be established at the Custodian to which the Custodian shall deposit and hold any cash Proceeds received by it from time to time from or with respect to the Securities or the sale of the common stock of the Company, as applicable, which accounts shall be designated the “Flat Rock Capital Corp. Cash Interest Proceeds Account” and the “Flat Rock Capital Corp. Cash Principal Proceeds Account.”

Cash Account means each current account established by the Custodian for the Client for recording Cash under this Agreement.

Cash Account means the cash ledger of the Custody Account to which debits and credits are made in respect of security transactions and other deposits to said account and against which no withdrawal may be made by check or draft.