Customer Payments Account definition

Customer Payments Account means the Customer Payments Account referred to and defined in the Customer Collections Account Administration Agreement.
Sample 1Sample 2
Customer Payments Account means an account with any Other Financial Institution in which UNIPaaS holds the proceeds of Transactions, net of any amounts due to it.
Sample 1

Examples of Customer Payments Account in a sentence

  • The Borrower also shall notify and instruct each Lessee that all payments due or to become due under each Portfolio Lease (except for Excepted Payments (which shall be payable to the Persons for whose benefit any such payment is made)) or otherwise in respect of amounts and other receivables of the Borrower are to be made directly to the Customer Payments Account (or, after the occurrence of the Customer Collections Account Administration Agreement Severance, the Collection Account).

  • The Borrower also shall notify and instruct each Lessee that all payments due or to become due under each Portfolio Lease (except for Excepted Payments (which shall be payable to the Persons for whose benefit any such payment is made)) or otherwise in respect of amounts and other receivables of the Borrower are to be made directly to the Customer Payments Account.

  • All amounts required to be paid by Borrower hereunder shall be paid in lawful money of the United States of America in immediately available funds to the following account, or to such other account as designated by Lender to Borrower in writing: Clearing Bank: RBS Citizens, N.A. ABA: 000000000 Beneficiary: RBS Asset Finance Customer Payments Account: 450000-157-2 Borrower: ISIS Pharmaceuticals, Inc.

  • Clause (i) of Section 2.01 of the Depository Agreement is hereby amended by inserting the parenthetical "(or, after the occurrence of the Customer Collections Account Administration Agreement Severance (or otherwise at the direction of the Agent (as directed by the Required Lenders)), the Collection Account)" immediately after the words "Customer Payments Account" contained therein.

  • Counsel for the defendant however submitted that the defendant on relying on the Customer Payments Account for Nabi Impex showed court that he had paid for the beers supplied on invoice No.70133, No.75518, No.68242 and No.72555 (Marked exhibit P.2).

  • This letter shall act as notice from [Name of Lender] in connection with Section 2 of Article VI of Amendment No. 5 that it is not requesting that a new lock box account be established for the deposit of Cash Flow and that [Name of Lender] confirms its consent to the establishment of the Customer Payments Account and to the deposit of all Cash Flow therein in accordance with the Loan Documents.

  • Proceedings 21st World’s Poultry Congress, August 20-24, Montreal, Canada, 2000.

  • There is a significant need for dental and maxillofacial radiologists to support dentists in not just the management of patients, but also in providing training in the use of these modalities.

  • It was counsel for the defendant’s submission that the payments for the beers were made in Standard Bank on the plaintiff’s account and it is reflected on the Customer Payments Account for Nabi Impex at pages 6 and 7.

  • Clause (i) of Section 2.01 of the Depository Agreement is hereby amended by replacing the words "Collection Account" contained therein with the words "Customer Payments Account".

Related to Customer Payments Account

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

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

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

  • 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.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • 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.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

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

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

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

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • Debit Payment means a particular transaction where a debit is made.

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

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

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