Designated Account definition

Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1.

Designated Account has the meaning specified in Section 1.2(c).

Examples of Designated Account in a sentence

• Each sub-merchant entity must have its own Designated Account and the name on the Designated Account must match the sub-merchant’s legal entity name or registered doing-business-as name.

• In the event you are owed money as a result of an Error, we will transfer funds to your Designated Account at the next scheduled remit or pay-out cycle.

• We shall have the right to delete your Designated Account information upon termination of the Sub-Merchant Agreement, but we shall also have the right, at our choosing, to retain copies of such information for up to five (5) years at our cost.

• US Borrowers agree to establish and maintain the US Designated Account with the US Designated Account Bank for the purpose of receiving the proceeds of the US Revolving Loans requested by US Borrowers and made by Agent or the Lenders hereunder.

• You acknowledge, agree and understand that Authorized signers on your Designated Account have full access to funds from your Designated Account by the terms and provisions of this Product Schedule.

More Definitions of Designated Account

Designated Account means the Account designated by you (and which designation we have approved) for the time being for the purpose of carrying out Card Transactions.

Designated Account means account number [**] of Borrower maintained with Borrower's Designated Account Bank, or such other deposit account of Borrower (located within the United States) that has been designated, in writing and from time to time, by Borrower to Agent.

Designated Account means account number 8188090603 of the Borrower maintained with Bank of America, N.A., or such other deposit account of the Borrower (located within the United States) designated, in writing, from time to time, by the Borrower to the Agents.

Designated Account means (a) so long as the Administrator or one of its Affiliates is the sole Certificateholder, the account designated by such Certificateholder (which need not be under the control of the Paying Agent) and (b) at any time thereafter, the Certificate Distribution Account.

Designated Account means that certain DDA of Borrower identified on Schedule D-1.

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Administrative Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrowers to Agent).

Designated Account means the Deposit Account identified on Schedule D-1.