Direct Account definition

Direct Account. : means any Account which is not an ISA Account.
Direct Account means an Account established directly with and through BNYM as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through BNYM.
Direct Account means an account holding Fund shares established directly with and through PNC by a natural person as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through PNC.

Examples of Direct Account in a sentence

  • In the event ExxonMobil or Distributor receives a material supply or performance complaint from any Direct Account (“Direct Account Complaint”), the Party receiving the Direct Account Complaint will immediately notify the other Party.

  • Distributor may be obligated to pay commissions and fees to ExxonMobil, an ExxonMobil Affiliate or to the Direct Account in relation to a Direct Account Opportunity, in addition to those provided for in ‎Article IX, to the extent that such Direct Account requires ExxonMobil or an ExxonMobil Affiliate to pay commissions, fees in connection with such Direct Account Opportunity.

  • ExxonMobil may make non-binding recommendations to Distributor regarding pricing, terms, pricing policies, credit and discounting policies for Direct Account; however, Distributor is not obligated to accept any such recommendations made by ExxonMobil.

  • In the event the Direct Account does not consent to the assignment of the Direct Account Opportunity to Distributor, or to the license or sublicense of the applicable Private Label Proprietary Marks to Distributor, or if Distributor elects not to accept the terms of any Direct Account Opportunity, then the Parties shall discuss in good faith the possibilities of supplying the Direct Account.

  • Notwithstanding anything to the contrary in this Agreement, in the event that ExxonMobil offers to Distributor, and Distributor accepts, a Direct Account Opportunity, Distributor must comply with ExxonMobil’s obligations to the Direct Account as notified to Distributor, and Distributor will be liable to ExxonMobil for any failure of Distributor to fulfill ExxonMobil’s obligations to such Direct Account as so notified to Distributor.


More Definitions of Direct Account

Direct Account means any part of the FTSE 100 6 Year Defensive Deposit Plan 11, which is not an ISA.
Direct Account means any part of the FTSE 100 Kick-Out Deposit Plan 54, which is not an ISA.
Direct Account means an Account established directly with and through DTI as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through DTI;
Direct Account means any part of the FTSE 100 Enhanced Income Plan 19, which is not an ISA.
Direct Account means any part of the EVEN 30™ Deposit Growth Plan 62, which is not an ISA.
Direct Account means any part of the FTSE 100 Enhanced Kick-Out Plan 66, which is not an ISA.
Direct Account means an Account established directly with and through Computershare as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through Computershare.