EFT Accounts definition

EFT Accounts means the bank accounts titled and held in the name of an Asset Seller at United Community Bank under Account Numbers 951277 and ▇▇▇▇▇▇▇, which are the only accounts, other than accounts owned and controlled by the Target Companies, into which the interchange revenues and surcharge fees, and related operating revenues attributable to the use of the Company ATMs and sale of products and related services are directly and automatically deposited.
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EFT Accounts means the bank accounts titled and held in the name of an Asset Seller at United Community Bank under Account Numbers 951277 and 1178675, which are the only accounts, other than accounts owned and controlled by the Target Companies, into which the interchange revenues and surcharge fees, and related operating revenues attributable to the use of the Company ATMs and sale of products and related services are directly and automatically deposited.
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Examples of EFT Accounts in a sentence

  • License Agent must keep its EFT Account or EFT Accounts associated with its ODFW License Agent Agreement open until the License Agent receives written notification from ODFW indicating that ODFW has completed an audit of the EFT Account and that this Agreement is terminated.

  • Pursuant to the authority granted to the Servicer herein, the Servicer shall have the power, revocable by the Trustee, to make withdrawals and payments from the EFT Accounts for the purpose of carrying out the Servicer's or the Trustee's duties 12 hereunder, and for the purpose of making adjustments to payments made in respect of EFT Contracts consistent with the Credit and Collection Policies and its customary servicing procedures.

  • Pursuant to the authority granted to the Servicer herein, the Servicer shall have the power, revocable by the Trustee, to make withdrawals and payments from the EFT Accounts for the purpose of carrying out the Servicer’s or the Trustee’s duties hereunder, and for the purpose of making adjustments to payments made in respect of EFT Contracts consistent with the Credit and Collection Policies and its customary servicing procedures.

  • The Twenty-Fourth Supplemental Indenture pursuant to which this Note is issued provides that Additional Notes may be issued thereunder.

  • All of the fees and revenues that are attributable to any use of the Company ATMs, including, without limitation, all interchange revenues and surcharge fees, are exclusively deposited into (i) one of the EFT Accounts or (ii) a bank account owned and controlled by a Target Company.