Compass Account definition

Compass Account means that certain deposit account of the Loan Parties held with Compass Bank in an amount not to exceed $600,000 for purposes of cash collateralizing letters of credit permitted pursuant to Section 9.02(n).
Sample 1

Examples of Compass Account in a sentence

  • Parents/Guardians and students are required to accept this Acceptable User Agreement online via their School Compass Account.

  • These services are offered to our own clients, and the firm may also act as a sub-advisor to clients of other Investment Advisors, utilizing the same programs.Clients that participate in the Compass Account Program are able to choose a managed model account portfolio which is selected based on their investment objective and risk tolerance, as well as other factors that include family values, goals, desires, and dreams.

  • The Fee Schedules for advisory services have been outlined on the charts within the Compass Account Agreement.

  • Later that year, on June 25, 2008, Galaviz opened BBVA Compass Account No. 6826 with a $136,147.60 transfer from Account No. 1782.

  • On January 17, 2008, Galaviz wired$33,000 to herself, from a Wells Fargo account she controlled to BBVA Compass Account No. 1782.

  • As such, the Court will not order that the Liquidating Trust utilize the Compass Account or, for that matter, any other specific account absent an agreement reached between the Parties.73Next, a significant portion of testimony was dedicated to the issue of the form of the monthly reporting to be provided to Ms. Steele.

  • The latter, which are different from the non innovative instruments that they have automatic “step-up” clauses which adjust the rate of remuneration (connected with redemption rights or other clauses designed to incentivise redemption by the issuer) must be contained within a limit of 15 percent of the amount of tier 1 capital inclusive of the latter instruments themselves only.

  • The Compass Account is a wrap-fee program, providing portfolio managementservices.

  • In the Steele Response, Ms. Steele stated that she and the Debtor agreed to use an account with BBVA Compass Bank (the “ Compass Account”) to facilitate the Right to Suspend and the annual earnings split.72 At the Hearing, Ms. Steele, through her counsel, conceded that the use of the Compass Account was merely a convenience for herself and the Debtor, but not required pursuant to the Investment Provision or the 2007 Order.

  • If an account falls below the minimum AUM, Thurston Springer reserves the right to assess a minimum fee that is disclosed in the Compass Account Agreement.Despite the investment allocation deployed in a client’s account, the client will never be fully invested, as Thurston Springer will always ensure a portion of the account is available as cash to cover advisory account fees.

Related to Compass Account

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • JetBrains Account or “JBA” means an account at xxxxx://xxxxxxx.xxxxxxxxx.xxx created by Customer, having a unique name and password, and through which Customer has access to Products in accordance with a Toolbox Subscription.

  • 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.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Excess Loss Account has the meaning set forth in Treas. Reg. Section 1.1502-19.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Direct Account : means any Account which is not an ISA Account.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Investment Account As defined in Section 3.12(a).

  • Note Account As defined in the Indenture.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Private Account means the portion of a portfolio of a private client or mutual fund client for which the Adviser serves as investment adviser or subadviser.

  • Merchant Account means any account with an Acquirer or other Financial Institution, service provider, payment processor, independent sales organization, or other entity that enables an individual, a business, or other organization to accept payments of any kind.

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

  • 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.