MSB Account definition

MSB Account shall have the meaning set forth in Schedule 2.15 hereto.
Sample 1
MSB Account means Account No. 00000000 maintained in the name of MSB with Citibank, N.A. (ABA#021-000-089) in Xxx Xxxx, XX 00000.
Sample 1

Examples of MSB Account in a sentence

  • Thereafter, and pursuant to Section 16(B)(2), the Customer explicitly agrees, acknowledges and instructs MSB to transfer necessary funds for the purchase price of such security from Customer MSB Account to Customer Account held at the Clearing Broker.

  • For clarity, Customer will be prohibited from placing securities buy orders with cryptocurrency through their Account in an amount that exceeds the specific cryptocurrency holdings in their Customer MSB Account.

  • Customer further understands that transfers of the cryptocurrency sale proceeds from Customer MSB Account to the Clearing Broker will be batched with transfers initiated by other Customers on the same trading day.

  • Additionally, as noted above in Section 16(B)(1), Customers will not be permitted to fund their Customer Account, and rather all funding must be made to the Customer MSB Account.

  • Customer understands and acknowledges that their funds are treated differently and subject to separate regulatory regimes depending on whether or not such funds are held in the Customer MSB Account or the Customer Account at the FTX.

  • Customer understands that transfers from Customer MSB Account to the Clearing Broker will be batched with transfers initiated by other Customers on the same trading day.

  • In addition, Customer further acknowledges that when they sell a security that the proceeds of such sale will not be immediately available in their Customer MSB Account.

  • For clarity, Customer will be prohibited from placing securities buy orders through their Account in an amount that exceeds their Customer MSB Account balance.

  • Customer must have adequate cryptocurrency holdings in their Customer MSB Account in order to place a securities buy order using crypto with FTX through the Customer Account.

  • Customer must have adequate funds in their Customer MSB Account in order to place a securities buy order with FTX through the Customer Account.

Related to MSB Account

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

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

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

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

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • 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.

  • 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.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

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

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

  • Separate Accounts means the accounts which are to be prepared for each

  • Note Account As defined in the Indenture.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

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

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

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

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s). 1.2 Interpretation 1.2.1 References to Lenders’ Representative shall, unless repugnant to the context or meaning thereof, mean references to the Lenders’ Representative, acting for and on behalf of Senior Lenders. 1.2.2 The words and expressions beginning with capital letters and defined in this Agreement shall have the meaning ascribed thereto herein, and the words and expressions used in this Agreement and not defined herein but defined in the Development Agreement shall, unless repugnant to the context, have the meaning ascribed thereto in the Development Agreement. 1.2.3 References to Clauses are, unless stated otherwise, references to Clauses of this Agreement. 1.2.4 The rules of interpretation stated in Clauses 1.2, 1.3 and 1.4 of the Development Agreement shall apply, mutatis mutandis, to this 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.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.