Group Bank Account definition

Group Bank Account means a bank account of any Group Company designated by the Purchaser by notice in writing to the Seller at least 5 (five) Business Days prior to Completion.
Sample 1

Examples of Group Bank Account in a sentence

  • Group Bank Account: Local checking account maintained by Group volunteers (4-H clubs or Master Gardener groups) to manage non-programmatic funds.

  • For active Groups without a Group bank account AND without inventory or equipment valued at$500 or more AND no firearms, the countystaff chair may list those groups on the Certification: No Group Bank Account and No Inventory/Equipment form; sign and date the form and submit it.

  • Income accumulated by the Group Sub-Committee from fund-raising activities shall be lodged in a separate bank account (to be known as the respective Group Bank Account) in the name of the Association.

  • These are instantly accessible if the Group Bank Account becomes overdrawn.

  • The Client acknowledges that the bank is entitled to act in good faith according to instructions given by Bunker Group in conjunction with the Independent Transaction Auditor’s oversight.Bunker Group undertakes to maintain at all times within Bunker Group Bank Account sufficient funds to pay back the gross credit balances of all Clients, and to have that money held at call for return, if required, within one Business Day.

  • There is also an advantage in magnitude of school supplies, quantity and quality of food, clothing, health care and lodging.

  • Upon obtaining Temporary Group Registration, the Adult Leader designate shall hold a Group Committee Meeting, and as part of the business, the Committee shall agree on at least 2 signatories for the Group Bank Account, which they shall then open.

  • Currently, there is no modernised and efficient means to access Student Group Bank Account information18.

  • Define Enterprise Structure, Company Information, Client, Company and Company Code, Personnel Area, Personnel Sub Area, Employee Group, Define Fiscal Year, Define Field Status Variant, Define Posting Keys.Dimension, Chart Of Account or Account Code, Currency Code, Tax Group, Bank Group, Bank Account, Method Of Payment, Amercement, Vendor Group & Posting Profile, List of Data Vendor, Status Flow, User and Role, System of Input and Output Fig.

  • These committees are charged with ensuring gender equity within the VSLAs, and leading gender-sensitization efforts, such as gender-based violence (GBV) and child labor prevention campaigns, and dialogue sessions on gender norms at the household and community levels with VSLA members and their partners.‌Another important innovation in the VSLA 2.0 model is the Group Bank Account, which allows multiple women as signatories on a single bank account.

Related to Group Bank Account

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Earnings Account means, in relation to a Ship, an account in the name of the Owner owning that Ship with the Agent in Hamburg designated “[name of relevant Owner]—Earnings Account” or any other account (with that or another office of the Agent) which replaces such account and is designated by the Agent as that Earnings Account for the purposes of this Agreement and, in the plural, means all of them;

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Control Account means a Securities Account or Commodity Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodity Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Holding Account means an account: