future account definition

future account means an account that becomes due and payable at any time after seizure of the account by an enforcement officer under Part 9 Divi- sion 4 or after a demand for payment by a receiver if a legal relationship exists between the account debtor and the judgment debtor at the time an account debtor receives a notice of seizure or a demand for payment, as the case may be;
future account means an account:
future account in relation to an Offer shall mean an Account the Account Creation Date in relation to which falls after the relevant Offer Date and which satisfies the criteria set out in such Offer;

More Definitions of future account

future account means all future accounts of the Grantor held in Guernsey which as at the date of the Agreement have not yet been established and any sub-accounts of the Grantor held in Guernsey (or such other account or accounts held in Guernsey as may be established by the Grantor in substitution for or in addition to it)
future account means any account (including, for the avoidance of doubt and without limitation, any sub-account, renewal, redesignation and replacement thereof) opened in the name of a Pledgor with the Bank after the date of this Agreement under the root number , excluding the cash accounts with account identification numbers and
future account means an account that becomes by its terms due any time after delivery of a notice of seizure to an account debtor or the appointment of a receiver under Part 12;
future account means a monetary obligation that would fall within the definition of “account” if the obligation were due at the time of seizure and if either of the following apply: