Reserve Funds Account definition

Reserve Funds Account means an account held by a Sponsor Bank or other third party data processor pursuant to an Approved Processor Agreement, which account holds funds for the benefit of a Merchant pursuant to the applicable Merchant Agreement.
Reserve Funds Account means an account held by a Sponsor Bank or other third party data processor pursuant to a Processor Agreement, which account holds funds for the benefit of a Merchant pursuant to the applicable Merchant Agreement. “Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

Examples of Reserve Funds Account in a sentence

  • These funds represent the amounts to be transferred to the DoD Reserve Funds Account.

  • PART – III EARMARKED FUNDS BUDGET: This part consists of N.S.S. Account, Endowment, Public Donation & Reserve Funds Account (EPDRF A/c), Corpus Fund Account, IUT Account and Interest Account.

  • The G-CNT carbon fabric shows most stable behavior unaffected by temperature variation at least in the range of from -20℃ up to 100℃.

  • In 2005, it was estimated that the same number of 1,500 monastic schools catered for 93,000 children (Achilles, 2005).

  • PART ñ III EARMARKED FUNDS BUDGET: This part consists of N.S.S. Account, Endowment, Public Donation & Reserve Funds Account (EPDRF A/c), Corpus Fund Account, IUT Account and Interest Account.

  • The smaller the Mahalanobis distance the more closely the unknown resembles ordnance from the known pool of items.

  • PERFECTION OF BILLSBill No. 22-0941 - An Ordinance To Authorize An Amendment Of The 2022 Budget Pursuant To The Home Rule Charter Of Jefferson County, Missouri And Section 50.622 RSMo (2021) To Reflect The Transfer Of Budget Funds Between The General Revenue Reserved Cash Account And General Revenue Reserve Funds Account.

  • No portion of the Capital Reserve Funds shall be withdrawn from the Capital Reserve Funds Account except to pay for Approved Capital Expenses incurred by Borrower in accordance with the terms and conditions of the Approved Capital Budget and this Agreement, except otherwise expressly provided herein.

  • The RM Reserve Funds shall be main­tained in sep­arate segregated accounts (the “RM Reserve Funds Account”) in accordance with Section 9.3. Neither the Association Reserve Funds Account, nor the RM Reserve Funds Account, nor any funds therein, shall be pledged or hypothecated or in any way encum­bered.

  • The Services are available to the Cardholders only upon the terms and conditions set forth in the Cardholder Agreement and Disclosure, and only to the extent that the Cardholder has available in the Reserve Funds Account an amount of funds sufficient therefor and Disbursement Detail has been provided to Lynk by Client.

Related to Reserve Funds Account

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.