Main Account definition
Main Account means Company's operating account established and maintained at the Collecting Bank.
Main Account means an operating account that Customer designates for all Virtual Accounts to be tied with. All available balances in VA will be transferred into Main Account by sweeping function, depending on the sweeping mode selected either online or EOD.
Main Account has the meaning set forth in Section 4.4(b).
Examples of Main Account in a sentence
One of these business accounts is designated by the Cardholder as the Main Account with respect to this card.
In the absence of any specific designation, the signatory to the Agreement is implied as the Main Account.
This gratuity will go solely to the wait staff except when a client requests charges to be placed on Main Account.
All functions to the Tower Main Account will be calculated for gratuities on retail pricing with an automatic fifteen (15%) percent to the server, even though the guest may leave an additional gratuity for excellent service.
The Main Account Holder shall be responsible for handling of all of the Underlying Customers’ service and technical support needs and for dealing with any of the Underlying Customers’ inquiries and complaints.
More Definitions of Main Account
Main Account means the deposit account maintained by the Company at the Depository Bank with account number [XXX].
Main Account means the deposit account maintained by the Company at the Depository Bank with account number 3302165408. “Material Adverse Change"” shall mean, with respect to the Company and its Subsidiaries, any event, change, circumstance, occurrence, effect or state of facts that has caused or is reasonably likely to cause a material adverse change in the business, operations, assets or financial condition of the Company and its Subsidiaries, taken as a whole. “Material Adverse Effect” shall mean (a) the effect of a Material Adverse Change, (b) a material adverse effect on the validity or enforceability of this Agreement, (c) the inability or failure of the Company to make the payments provided in this Agreement, (d) a material adverse effect on the ability of the Company to perform any of its other material obligations under this Agreement or (e) any material adverse effect on the Products or the ability of the Company and its Subsidiaries to distribute, market and/or sell the Products. “MidCap Credit Facility” shall mean that certain Credit and Security Agreement (Revolving Loan) and that certain Credit and Security Agreement (Term Loan), as each may be amended, amended and restated, supplemented or otherwise modified as of the date hereof, and as each may be further amended, amended and restated. supplemented or otherwise modified from time to time as permitted by the Intercreditor Agreement, by and among the Company and the Guarantor, as Borrowers (as defined therein), MidCap Credit Facility Agent and the Lenders (as defined therein) party thereto. “MidCap Credit Facility Agent” shall mean MidCap Financial Trust, a Delaware statutory trust, in its capacity as administrative agent under the MidCap Credit Facility or any successor thereto in such capacity. “Minimum Annual Royalty” shall mean with respect to (a) calendar year 2017, zero, (b) calendar year 2018, $1,250,000, (c) calendar year 2019, $2,200,000, and (d) calendar year 2020 and each calendar year thereafter during the Term, $2,750,000; provided, however,
Main Account means IPS operating account established at the Collecting Bank.
Main Account means the Main Account established within the Pension Fund pursuant to clause (3)(a) of Section 3 of this By-law.
Main Account means that part of the MEMBER CREDIT ACCOUNT which is not the SUPPLEMENTARY ACCOUNT.
Main Account means Current Account of the Customer which the Bank allows the Customer to associate with a Virtual Account Number through the use of the OCBC VA Service.
Main Account means the Main Account established and maintained in accordance with Article 7 of the Trust Agreement.