Commercial account definition

Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.
Commercial account means a commercial enterprise with which a scrap dealer maintains an ongoing and documented business relationship.
Commercial account means the commercial checking account to be established and maintained with the Administrative Agent by the Borrowers and which may be utilized as the means of advancing funds under the Loans.

Examples of Commercial account in a sentence

  • Cash Back Credits are earned at the rate of 0.5% (for every $100.00 in Net Purchases charged to a Commercial Account, the Commercial Applicant earns back $0.50), unlimited.

  • Capitalized terms used but not defined herein shall have the meaning ascribed thereto in the Commercial Account Agreement.

  • Upon the closure of a Commercial Account for any reason, voluntarily or involuntarily, the Commercial Applicant’s participation in the Program terminates and the Cash Back Reward, representing the New Cash Back Balance at the time of Account closure, is credited to your Account or your Business Deposit Account, as the case may be, prior to the Account closure, provided the Commercial Account is in Good Standing and the New Cash Back Balance is $25.00 or greater at the time of Account closure.


More Definitions of Commercial account

Commercial account means an agreement or arrangement between a commercial seller and
Commercial account means a transponder account covering five (5) or more registered vehicles.
Commercial account means a relationship between a scrap metal business and a commercial enterprise that is ongoing and properly documented under section 3 of this act.
Commercial account means any nonTransportation Account”.
Commercial account means the commercial checking account to be established and maintained by the BORROWER with the LENDER and which may be utilized as the means of advancing funds under the LOAN.
Commercial account means a relationship between a scrap metal business and a commercial enterprise that is ongoing and properly documented under RCW 19.290.030.
Commercial account means Borrower's deposit account number 001-201-6481 at the office of Agent.