Funding Account definition

Funding Account has the meaning assigned to such term in Section 4.01(h).
Funding Account means the deposit account of the Borrower to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.
Funding Account means an account created pursuant to section 3(6) for the deposit of funds and payment of retirement health care benefits under the applicable retirement act.

Examples of Funding Account in a sentence

  • By initiating a payment through “My Card Swap”, you authorize Us to charge the Funding Account linked to your Payment card(s) that you designate to pay such bill.

  • Interest; Other Deposits to the Interest Funding Account 57 SECTION 505.

  • Information Regarding the Collateral Certificate (1) Values for “Current Due Period on an Actual Basis” reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Targeted Deposit to Interest Funding Account and certain fees, until the first Monthly Interest Date.

  • You represent and warrant that you have the right to authorize Us to charge the Funding Account for payments you initiate using “My Card Swap”.

  • Each tranche of Notes will have its own sub-Account within the Interest Funding Account and the Principal Funding Account.

More Definitions of Funding Account

Funding Account has the meaning set forth in Section 2.11(a).
Funding Account has the meaning set forth in Section 2.3(b).
Funding Account is defined in Section 2.5.
Funding Account means the account in which You nominate to fund the Lodgement to the Transfermate Nominated Account.
Funding Account. The account established and maintained pursuant to Section 4.02.
Funding Account means a transaction account that has been identified by the financial institution holding the account as eligible to serve as a funding account for Transfer Transactions.
Funding Account means the checking or similar account for which you are an authorized signer, and from which the Financial Institution may debit or otherwise collect the funds necessary to remit the Scheduled Payment to the corresponding Payee, per your instructions.