Returned Account definition

Returned Account means an account receivable purchased under a Permitted Receivables Purchase Facility which is for any reason returned by the purchaser thereof for repurchase, refund or replacement by the seller thereof in accordance with the terms of the Permitted Receivables Purchase Facility.

Examples of Returned Account in a sentence

  • For use in the office of the Accountant General (A&E) in Karnataka, Bangalore No. PF Returned, Account No. is allotted to Sri/Smt .

  • AltaVista must provide DoubleClick with at least thirty days written notice prior to December 31, 2000 of its desire to make an existing AltaVista Account a Returned Account.

  • In addition, from the date that a Returned Account ceases to be an AltaVista Account, all Advertising sold by AltaVista to such Advertiser which has yet to be delivered shall be deemed to have been sold by DoubleClick and AltaVista shall pay to DoubleClick the commissions and fees required by Article IV below in respect of such Advertising (or DoubleClick may deduct such amount from payments otherwise due to AltaVista hereunder).

  • Contractor shall not be entitled to a fee or commission for such Returned Account.

  • Credits for Goods Returned Account credits may only be processed by the accounts department.

  • Each electric investor-owned utility must finalize its notification plan for inclusion in its [current year] Pre-Season Report.

  • Beginning ninety (90) days --------------------------------------- after the Closing Date and ending upon the expiration of the Second Escrow Period (as defined below), Buyer shall have the right to return uncollected Accounts Receivable (each a "Returned Account Receivable") to Seller.

  • Admission application is to be forwarded by the Head of the Department/Head of the Office.No. PFTo For use in the office of the Accountant General (A&E) in Karnataka, Bangalore Returned, Account No. is allotted to Sri/Smt .Kindly quote this number along with the prefix in all the correspondence connected.

  • The parties acknowledge and agree that Buyer shall receive compensation from the Escrow Fund within twenty (20) days of return by Buyer of the Returned Account Receivable for each Returned Account Receivable equal to the value of such Returned Accounts Receivable as set forth on the Closing Schedule.

  • Seller will handle and respond directly to any inquiries, requests or communications made outside any person during any Returned Account.

Related to Returned Account

  • 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.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

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

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Authorized account means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • 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.

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

  • FIXED ACCOUNT is a separate investment account of ours into which purchase payments may be invested or Account Value may be transferred.

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

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • 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.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Cardholder Account is the account of a Cardholder as represented by a Card.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Control Account means a Securities Account or Commodity Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodity Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • 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.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

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

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.