Repayment Account means the bank account to which a debtor is obliged to repay its debt, as recorded in an information utility;
Repayment Account means the Account by that name created and established by Section 4.1 hereof.
Repayment Account shall have the meaning assigned to such term in Section 7.1(g).
Examples of Repayment Account in a sentence
We also set out in this clause the terms and conditions which govern the (C) Repayment Account (Savings Account) and (D) where applicable, HLB Connect (Internet Banking Facility).
More Definitions of Repayment Account
Repayment Account means the account (if appropriate) detailed on your Application Form into which the monthly or annually (whichever is applicable) capitalised interest will be paid by us in accordance with Condition 3.1.6 and 3.2.6 (as applicable) and into which the Maturity Amount will be paid by us on the Maturity Date unless you advise us otherwise in accordance with Condition 2.1.4 or we do not receive your instructions as described in Condition 2.1.6;
Repayment Account means the deposit account established, owned and controlled by Bank, into which all proceeds from each sale of any Participated Mortgage Loan by Bank and Seller to a Take-Out Purchaser shall be funded and deposited, and such account and all funds deposited or maintained therein shall be disbursed and applied by Bank pursuant to the terms of this Agreement. The account number for the Repayment Account is 2111051526 or such other deposit account number designated by Bank from time to time as the Repayment Account in a written notice delivered by Bank to Seller pursuant to this Agreement.
Repayment Account means an account:
Repayment Account means the deposit account established, owned and controlled by Bank, into which all proceeds from each sale of any Participated Mortgage Loan by Bank and Seller to a Take-Out Purchaser shall be funded and deposited, and such account and all funds deposited or maintained therein shall be disbursed and applied by Bank pursuant to the terms of this Agreement. The account number for the Repayment Account is [***] or such other deposit account number designated by Bank from time to time as the Repayment Account in a written notice delivered by Bank to Seller pursuant to this Agreement.
Repayment Account has the meaning given to such term in Section 3.01(a) hereof.
Repayment Account is to refer to the promissory notes of an individual Student Loan Borrower under the terms of which the repayment period has commenced, and includes Accounts in deferment or forbearance.
Repayment Account means the bank account (including the special internal account for repayment set up by Party A for Party B) which is provided to the Lender for the Borrower’s application for and use of the Loan Service, and the repayment account shall be subject to the agreement in Article 1 of this Contract. Party B shall not change or cancel the repayment account until Party B has repaid all the loan principal, interest and expenses (if any, expenses include the lawyer’s fee, litigation fee, arbitration fee, travelling fee, public announcement fee, service notice fee, execution fee, transfer fee, etc. paid by Party A for the realization of the claim) under this contract and the credit line contract.