Fee Account definition

Fee Account means the checking or similar account for which you are an authorized signer, and from which the Financial Institution may automatically debit or otherwise collect all Service fees.

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Fee Account means, for purposes of the Bill Payment Service, the checking or similar Account designated by you and from which we may automatically debit or otherwise collect all Bill Payment Service fees.

Fee Account means the bank account(s) that will be debited for fees and other amounts payable by you in relation to the Tyro EFTPOS Facility or Tyro eCommerce as elected by you in the Application Form or as otherwise nominated by you from time to time.

Examples of Fee Account in a sentence

The Remarketing Fee Account will initially be established as a segregated trust account in the name of the Indenture Trustee with the corporate trust department of Deutsche Bank Trust Company Americas.
In the event that there are insufficient funds in the Servicing Fee Account to pay the Base Legacy Servicing Compensation and Base Future Servicing Compensation, as applicable for any month, the Subservicer shall be entitled to withdraw the amount of any deficiency from the Ancillary Fee Account provided there are excess funds in such account after payment of the Floor Component Amount in any month.
If the funds in the Ancillary Fee Account and any remaining funds in the Servicing Fee Account are insufficient to pay the Floor Component Amount in any month, the Subservicer shall send an invoice via email to KRECM portfolio manager for the balance to KRECM and KRECM shall pay such invoice within ten (10) Business Days of receipt of such invoice by wire transfer of funds pursuant to the wire transfer instructions provided by Subservicer to KRECM from time to time.
In the event there are insufficient funds to pay the Floor Component Amount for any month, the Subservicer shall be entitled to withdraw the amount of any deficiency from the Servicing Fee Account to the extent of any excess funds are remaining in such account after payment of the Base Legacy Servicing Compensation and Base Future Servicing Compensation, as applicable.
If the amount on deposit in the Servicer Transition Fee Account is insufficient to cover all of the fees and expenses associated with the transition of the servicing functions or such monthly fees and expenses, no Person will be obligated to deposit any additional funds into the Servicer Transition Fee Account.

More Definitions of Fee Account

Fee Account means an account maintained by the Company at Wells Fargo Bank, National Association, or such additional or replacement account or accounts as may from time to time be maintained by the Company for the purpose of holding amounts in respect of Other Payments and Charges and the Servicing Fee, either exclusively or with other amounts.

Fee Account means the bank account(s) that will be debited for fees and other amounts payable by you in relation to the Tyro EFTPOS Facility as elected by you in the Application Form or as otherwise nominated by you from time to time.

Fee Account shall have the meaning set forth in Section 7.2(b)(i).

Fee Account means the special purpose segregated, non-interest-bearing account established at an Eligible Bank and which shall never be considered a general deposit account and as such shall not be available for set off by the Eligible Bank or garnishment by creditors of the Eligible Bank, such account being entitled “Prosper Funding LLC Fee Account” (Account No. _____).

Fee Account means an Account, component Account or portion thereof that relates to Fee Compensation and the portion of any Equity Compensation that relates to Distribution Equivalent Payments.

Fee Account has the meaning set forth in the Security Agreement.

Fee Account means a single account used for settling fees from activities on the Transaction Platforms;