Lost Account definition

Lost Account means an Account which as of the Cut-Off Time is identified on the Seller's processing system with the external status code "L".
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Lost Account means a hospital or Alternate Site Customer that at any time during the term of this Agreement was purchasing LAVs from BBM and ceased purchasing LAVs from BBM.
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Lost Account is defined in Section 7.13.
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Examples of Lost Account in a sentence

  • The unit sales of CLC Valves by BBM shall be included in the calculation or determination of the Capless Percentage, LAV Current Percentage, LAV Base Percentage, Lost Account Percentage, Significant Lost Capless Account Percentage, Total CLAVE Sites, Capless Valves and LAVs for purposes of determining compliance with Section 3.5 hereof.

  • For purposes of this calculation, for any given Partial Lost Account, the Fair Market Value of such Partial Lost Account shall be the Fair Market Value of all assets Transferred from such account, in each case determined as of the date each such asset is Transferred.

  • For the purposes of this Section 2.12, the following terms shall have the meanings set forth below: "Aggregate Loss Amount" - Shall mean the sum of (i) the Lost Account Fair Market Value, plus the (ii) Partial Lost Account Fair Market Value.

  • For purposes of this calculation, the Fair Market Value of any Lost Account shall be as set forth on Schedule 3.10(c) (as of July 25, 2006).

  • On or before June 15, 2011, Buyer shall deliver a notice (the “Account Notice”) to Seller setting forth each Subject Account and identifying whether it is a Retained Account or a Lost Account as of the Determination Date.


More Definitions of Lost Account

Lost Account means any Trust Account reflected on Partners Trust Disclosure Schedule 3.10(c) (as of July 25, 2006) which is not reflected on the Closing Account List and which has transferred in whole out of Seller's trust department prior to the Closing Date, but excluding (i) any Excluded Accounts or (ii) any transfers of Trust Accounts to Purchaser prior to the Closing Date. "Lost Account Fair Market Value" - Shall mean the aggregate Fair Market Value of all Lost Accounts. For purposes of this calculation, the Fair Market Value of any Lost Account shall be as set forth on Schedule 3.10(c) (as of July 25, 2006).
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Lost Account means a Subject Account that does not become a Retained Account.
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