Examples of Existing Account in a sentence
If an Event of Default exists, any direct payments to an Existing Account shall be transferred to a Dominion Account within one Business Day of receipt thereof.
At all times, WEST shall promptly notify the Servicer of any New Account established by or on behalf of any Person within the Serviced Group or otherwise relating to the Assets and of any Existing Account relating to any aircraft or Aircraft Engine that becomes an Asset after the date of this Agreement and of the closing of any such account in any case not established or closed by the Servicer.
Any non-employee member of the Board may elect to have amounts previously deferred under the Prior Plan transferred to this Plan by filing with the Committee a Transfer of Existing Account Credits, or other form supplied by and/or acceptable to the Committee.
The Company represents and warrants to each Buyer that Schedule 4(v) hereto sets forth a full and complete list of every bank and other financial institution at which the Company presently has an account (each, an "Existing Account").
Upon payment in full of the Termination Payment Amount and the Administration Fee, the Seller Representative or the applicable Seller shall be permitted to withdraw any and all Collections remaining in the Collection Accounts on such Termination Settlement Date (other than any Collections that are transferred from an Existing Account to the Collection Accounts on such Termination Settlement Date).