HELOC Account definition

HELOC Account means any home equity line of credit account at a Branch in respect of which credits available therein are withdrawable in practice upon demand or upon which third party drafts may be drawn by the borrower.
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HELOC Account means any home equity line of credit account at a Branch in respect of which credits available therein are withdrawable in practice upon demand or upon which third party drafts may be drawn by the borrower. “Infrastructure Installation” has the meaning set forth in Section 4.10. “Initial Closing” and “Initial Closing Date” refer to the closing of the purchase and sale of the Initial Closing Assets and the Initial Closing Assumed Liabilities, which is to be held on such date as provided in Article 3 and which shall be deemed to be effective at 11:59 p.m., Central time, on such date. “Initial Closing Assets” has the meaning set forth in Section 2.1(a). “Initial Closing Assumed Liabilities” has the meaning set forth in Section 2.2(a). “Initial Closing Loans” means the Loans reflected on Exhibit 1.1(d)(ii) as of the Initial Closing Date. “Initial Closing Purchase Price” has the meaning set forth in Section 2.4(a). “Installation Plans” has the meaning set forth in Section 4.10(iv).
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Examples of HELOC Account in a sentence

  • We will advise you of your available credit under the HELOC Account as part of the HELOC Statement that we send to you for your HELOC Account.

  • This means that upon demand by us, at any time and for any reason, you must pay us the total amount you owe under the HELOC Account immediately.

  • You agree that no sale, transfer or other dealing with the Property shall in any way relieve you of your obligations under the HELOC Account, and for payments owing under the HELOC Account, or in respect of the Total Debt.

  • If we credit an amount to your HELOC Account by mistake, we can correct that mistake at any time.

  • If you have PAD payment transactions which are authorized on or before the termination date, and they are posted to your HELOC Account after that date, you will be liable for payment of such transactions and associated fees and interest.

  • We will credit your payment to your HELOC Account as of the date of receipt, if your payment conforms to the payment requirements described on your HELOC Statement.

  • If you choose to set up a pre-authorized debit (“PAD”) transaction, that is where you authorize an organization to withdraw funds from your HELOC Account using your Access Card number, you agree that you are responsible for providing that organization with adequate and up-to-date information, including advising any such organization should your Access Card expiry date or card number change.

  • You are responsible for notifying any individual or entity you have pre-authorized to make charges to your HELOC Account using your Access Card number.

  • Any purchase or cash advance you make using your Access Card will be a transaction on your HELOC Account and will reduce the credit available on your HELOC Account.

  • You acknowledge that from time to time we may make certain changes to the terms and conditions applicable to your HELOC Account.

Related to HELOC Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Investment Account As defined in Section 3.12(a).

  • 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.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

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

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Credit Account is modified to read “Grant Account”.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Note Account As defined in the Indenture.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Administration Account As defined in Section 7.02.

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

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

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

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

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Interest Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Collection Accounts As defined in Section 3.10(a).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."