Pooled Account definition

Pooled Account means a pooled account to which Transaction settlement funds are credited.

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Pooled Account means a bank account opened by a customer, for example a legal practitioner or notary, for holding their clients’ money. The clients’ money will be commingled, but clients will not be able directly to instruct the bank to carry out transactions.

Pooled Account means a third party client asset account in which the client assets of more than one client are held;

Examples of Pooled Account in a sentence

Stripe will transfer settlement funds for Transactions, net of Fees, Disputes, Refunds, Reversals and other amounts owed to Stripe, from the applicable Pooled Account to the applicable User Bank Account within the time period stated in the Payout Schedule, unless a Payout Delay occurs and affects the transfer initiation, or Stripe exercises a right under this Agreement to withhold or delay the transfer.
You have no rights to any earnings generated by Safeguarded Funds and are not entitled to draw funds from any Pooled Account.
A Pooled Account is an Account which for investment purposes is not a Segregated Account or a Participant-Directed Account.
If any or all Plan investment Accounts are Pooled Accounts, each Participant's Account has an undivided interest in the assets comprising the Pooled Account.
By initiating and sending payments through the Service or adding funds to your balance, you appoint PayPal as your agent to obtain the funds on your behalf and to transfer the funds to the recipient that you designate or to a Pooled Account, subject to the terms and restrictions of this Agreement.

More Definitions of Pooled Account

Pooled Account as defined in Section 2.1(a)(i).

Pooled Account means the account set up by the General Tribal Council or Oneida Business Committee, through resolution, for the purpose of managing undistributed funds pursuant to the Nation’s laws.

Pooled Account means the account referred to in Article 2.02 (b)(ii) of this Agreement;

Pooled Account means an account in which the customer holds and manages monies for more than one of their clients

Pooled Account means the separate account which holds comingled OFX client GCA funds deemed to be held on trust. Premium is the Option fee payable.

Pooled Account means the account referred to in Article 3.03 (a) of this Agreement;

Pooled Account means the portion of any Employee's account which is held in the pooled investments of the Plan.