FFB Account definition

FFB Account a deposit account established by FFB with Chase with the Account No. 9102684983 and any successor deposit account of FFB designated in writing to the Administrative Agent by the Company.
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Examples of FFB Account in a sentence

  • In the event of a breach of one of these representations and warranties, Long Beach hereby agrees that it shall abide by the repurchase and substitution provisions set forth in Section 2.03 of the Agreement as if fully set forth at length herein.

  • Unless otherwise provided herein, StoneCastle, the FFB Custodian, any Sub-Custodian and the Insured Depositories may comply with applicable clearinghouse, federal and correspondent bank rules in processing transactions for your FFB Account.

  • Amounts in your FFB Account along with funds from other FFB Depositors will be deposited by the FFB Custodian at the direction of StoneCastle into one or more Depository Accounts at multiple Insured Depositories.

  • Deposits to, and transfers or withdrawals from your FFB Account may only be made on days that the FFB Custodian and any related Sub-Custodian and Insured Depository is open for business.

  • The funds in your FFB Account will be deposited into Depository Accounts at the Insured Depositories along with funds from other FFB Depositors.

  • Your monthly account statement will indicate the Insured Depositories in which your FFB Account funds have been deposited.

  • See Section 22 “Changes to Terms and Conditions.” StoneCastle will select the Insured Depositories into which the funds in your FFB Account will be deposited.

  • If you do not wish to have your FFB Account funds deposited into any specific Insured Depository, you must identify those institutions to StoneCastle using the Insured Depository Exclusion Form provided to you with the FFB Account opening documents.

  • Therefore, if you or your customer do not wish to have FFB Account funds deposited into any specific Insured Depository, you must identify those institutions to StoneCastle using the Insured Depository Exclusion Disclosure Form provided to you with the FFB Account opening documents.

  • You further agree that StoneCastle, the FFB Custodian, any Sub-Custodian and the Insured Depositories may honor legal process that is served personally, by mail, or by facsimile transmission at any of their respective offices (including locations other than where the funds, records or property sought is held), even if the law requires personal delivery at the office where your FFB Account records are maintained.