MOA Account definition

MOA Account means, in respect of each MOA, the interest bearing Dollar bank account opened or (as the context may require) to be opened jointly by the relevant Seller and the relevant Buyer with the Bank in their joint names pursuant to the provisions of clause 2 of the relevant MOA, and “MOA Accounts” means, together, all the joint interest bearing Dollar bank accounts opened pursuant to the provisions of clause 2 of each MOA;
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Examples of MOA Account in a sentence

  • On the later of July 19, 2010 and the date by which all MOA Accounts have been opened, Sellco and Buyco shall instruct the Bank to remit to each MOA Account the amount of the relevant MOA Deposit as specified in the relevant MOA using funds from the Initial Deposit.

Related to MOA Account

  • AAVS Account means the account to which your Automatic Add Value Service is linked, as defined or specified in the relevant Application Form or such other account as notified to us by the Financial Institution or by the AAVS Account Holder from time to time;

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

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

  • Settlement Account means an account at a financial institution designated by Merchant as the account to be debited and credited by Bank for Transactions, fees, Chargebacks and other amounts due under the Merchant Agreement.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.