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;
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future account means an account:
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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;
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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)
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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
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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;
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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:
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Related to future account

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • AAVS Account means the account to which your Automatic Add Value Service is linked, as defined or specified in the relevant Application Form or such other account as notified to us by the Financial Institution or by the AAVS Account Holder from time to time;

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.