Lessee Account definition

Lessee Account has the meaning specified in Section 5.2.2. “Lessor” has the meaning set forth in the introductory paragraph to this Agreement. “Letter of Credit” has the meaning specified in Section 5.1.8. “Lien” means, when used with respect to any Person, any interest in any real or personal property, asset or other right held, owned or being purchased or acquired by such Person that secures payment or performance of any obligation, and shall include any mortgage, lien, pledge, encumbrance, charge, retained security title of a conditional vendor or lessor, or other security interest of any kind, whether arising under a security agreement, mortgage, lease, deed of trust, chattel mortgage, assignment,
Lessee Account means account of the Lessee created on the Platform, in accordance with the Lessee Terms.
Lessee Account means the account established by the Lessee into which the proceeds of the Advances shall be deposited by Lessor as payment for the Leased Equipment.

Examples of Lessee Account in a sentence

  • You are responsible for all activity on or through your Lessee Account, the Platform, and in connection with your Nominated Bank Account, including all activity by anyone that uses your username, password and security information, whether or not they have been authorised by you.

  • You must not transfer your Lessee Account to another person, or permit another person to use your Lessee Account, without our specific prior written consent.

  • We can decline to act on your instructions or suspend your Lessee Account if we suspect illegal or fraudulent activity or unauthorised use of your Lessee Account.

  • If you no longer wish to be a Lessee then, provided you have no Hire Purchase Agreements in force and no other amounts outstanding under them or under these Lessee Terms and Conditions or any Hire Purchase Agreement, you can notify us at any time and we will close your Lessee Account.

  • When you create your Lessee Account you must provide a username, a valid e-mail address, a password, phone number and certain security information.

  • By creating a Lessee Account, you agree to be bound by these Lessee Terms and Conditions.

  • If, after reading these Lessee Terms and Conditions, you feel you are not able to comply with your obligations under them, or you do not wish be bound by them, then you should not proceed to create a Lessee Account or start a Finance Request.

  • The Platform is an online service and all documents or notices that we wish to send you may be delivered to you through the Website to your Lessee Account.

  • You may also receive by email a prompt from time to time for you to log into your Lessee Account.

  • Once you have paid all sums due to Lessors under the Hire Purchase Agreements, we will close your Lessee Account.


More Definitions of Lessee Account

Lessee Account has the meaning specified in Section 5.2.2. “Lessor” has the meaning set forth in the introductory paragraph to this Agreement. “Lien” means, when used with respect to any Person, any interest in any real or personal property, asset or other right held, owned or being purchased or acquired by such Person that secures payment or performance of any obligation, and shall include any mortgage, lien, pledge, encumbrance, charge, retained security title of a conditional vendor or lessor, or other security interest of any kind, whether arising under a security agreement, mortgage, lease, deed of trust, chattel mortgage, assignment, pledge, retention or security title, financing or similar statement, or notice or arising as a matter of law,
Lessee Account has the meaning specified in Section 5.2.2.

Related to Lessee Account

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • 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.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $3,807,950.53.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

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

  • 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.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Note Account As defined in the Indenture.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Private Account means the portion of a portfolio of a private client or mutual fund client for which the Adviser serves as investment adviser or subadviser.

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

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

  • 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.

  • Security Deposit Account has the meaning given in Section 5.1.

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

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

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

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

  • Direct Account : means any Account which is not an ISA Account.

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

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

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.