Extended Accounts definition

Extended Accounts any Account created during the month of February, March, April or May of each calendar year for which the applicable invoice does not require payment until the date that is no less than 120 days and no more than 180 days after the original invoice date therefor.
Extended Accounts means those Accounts owned by the following Account Debtors: Adelphia Communications Corporation, Citibank, N.A., Worldcom, Inc.; Prudential Insurance Company of America; Pacific Belx Xxlephone Company; Verizon Communications; and Sikorsky Aircraft Corporation. Borrower shall be entitled to change the composition of Extended Accounts up to two (2) times in any Fiscal Year provided it gives Agent and the Lenders not less than thirty (30) days prior written notice of such change except that any Account of General Electric Company or its Subsidiaries or Affiliates shall not be deemed an Extended Account.
Extended Accounts means those Accounts owned by the following Account Debtors: Adelphia Communications Corporation, Citibank, N.A., Worldcom, Inc.; Prudential Insurance Company of America; Pacific Xxxx Telephone Company; Verizon Communications; and Sikorsky Aircraft Corporation. Borrower shall be entitled to change the composition of Extended Accounts up to two (2) times in any Fiscal Year provided it gives Agent and the Lenders not less than thirty (30) days prior written notice of such change except that any Account of General Electric Company or its Subsidiaries or Affiliates shall not be deemed an Extended Account. "Fair Labor Standards Act" means the Fair Labor Standards Act, 29 U.S.C. § 201 et seq.

Examples of Extended Accounts in a sentence

  • Testing Extended Accounts in Scheduled Conservation of Open Woodlands with Permanent Livestock Grazing: Dehesa de la Luz Estate Case Study, Arroyo de la Luz, Spain.

  • It is proposed that the updated SNA / BPM and GFS distinguish between three types of Accounts: Main Accounts, Thematic Accounts (representing a re-arrangement of the Main Accounts) and Extended Accounts (which reflect extensions to the main boundaries of the SNA/BPM/GFS (e.g., extensions to the production boundary or asset boundary).In addition to accounts – the SNA/BPM and GFS also recommend countries produce “tables” that present economic information.

  • ATTACHMENT 1 Extended Accounts [***] [***] CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.

  • As of each date reported by each Borrower, all Accounts which such Borrower has reported to Lender as being Eligible Accounts, Eligible Extended Accounts and Eligible Foreign Accounts comply in all respects with the criteria for eligibility established by Lender and in effect at such time.

  • Our own calculations are based on the latest available OECD Input-Output Tables and Environmental Extended Accounts.

  • Lender may, in its discretion, establish and revise Reserves by deducting them in determining Availability or by reclassifying Eligible Accounts, Eligible Extended Accounts and Eligible Foreign Accounts or Eligible Inventory, Eligible In-Transit Inventory and Eligible Leased Inventory as ineligible.


More Definitions of Extended Accounts

Extended Accounts contained in Schedule "1.01" to the Credit Agreement is deleted and the name "Day & Xxxxxxxxx, Inc." is substituted therefor.

Related to Extended Accounts

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Controlled Accounts means the Collection Account and the Unfunded Exposure Account.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement.

  • Financing Accounts means, collectively, the Credit Account and the Grant Account (or, where the context so requires, either of the Credit Account or the Grant Account).”

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

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

  • Eligible Unbilled Accounts means Accounts of the Obligors that does not qualify as an Eligible Account solely because (a) the goods giving rise to such Account have not been shipped and billed to the Account Debtor, or (b) the services giving rise to such Account have not been performed and billed to the Account Debtor and, in either case, so long as such Accounts have not been unbilled for more than thirty (30) days. For the avoidance of doubt, at such time as an Account is billed to the Account Debtor it shall no longer be an “Eligible Unbilled Account”.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Covered Account means an account holding Fund shares established by a financial intermediary for a natural person as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through PNC.