Remittance Account definition

Remittance Account means the deposit account established and maintained by Seller at Bank into which Bank shall deposit any and all funds received by Bank from time to time which are attributable hereunder to Seller’s Retained Percentage in any Participated Mortgage Loan and which are required to be paid by Bank to Seller hereunder.

Remittance Account means the account of the Seller Representative located at Bank of America, NA (ABA No. 000000000) with account number 0000000000, or such other account as notified to the Administrative Agent from time to time by the Seller Representative in writing.

Remittance Account shall have the meaning specified in Section 5(a).

Examples of Remittance Account in a sentence

• Each Seller shall cause all cash delivered under Section 4 to be deposited in the Remittance Account.

• Funds held in a TT&L Remittance Account, a TT&L Note Account, a Treasury General Account, and a U.S. Treasury Time Deposit—Open Account shall be considered deposits of public funds.

• I hereby apply for HSBC GBA Southbound Wealth Management Connect Service (the “ WMC Service”) and confirm my CNY Settlement Account Type I shall be considered and referred to as my Wealth Management Connect Remittance Account (the “WMC Remittance Account”) for the purpose of the WMC Service.

• All deposits contained in each Collection Account on each applicable Servicer Remittance Date will be transferred to the Remittance Account in accordance with Section 21(d).

• Funds held in a TT&L Remittance Account, a TT&L Note Account, a Treasury General Account, and U.S. Treasury Time Deposit—Open Account are not subject to the 60-day notice re- quirement of Article III, section 5(a) of the Federal Credit Union Bylaws.[54 FR 18471, May 1, 1989, as amended at 78FR 4030, Jan.

More Definitions of Remittance Account

Remittance Account means, with respect to each Seller and each Designated Currency, each of the accounts set forth on Schedule D, or such other account as notified to the Purchaser from time to time by the Seller Representative in writing.

Remittance Account means an account established with a financial institution acceptable to Secured Party for the benefit of Secured Party and subject to the sole dominion and control of Secured Party.

Remittance Account. As defined in Section 2.2.

Remittance Account. The account or accounts established by Xxxxxx Mac into which the Central Servicer will make deposits on each Remittance Date.

Remittance Account means the deposit account established and maintained by Seller at Bank into which Bank shall deposit any and all funds received by Bank from time to time which are attributable hereunder to Seller's Retained Percentage in any Participated Mortgage Loan and which are required to be paid by Bank to Seller hereunder.

Remittance Account. A depository account owned and maintained by Agent.

Remittance Account has the meaning ascribed thereto in Section 5.14.