Returns Account definition

Returns Account the deposit account maintained by the Borrower with CIBC, into which payments received in respect of Merchant Charge-Back Receivables are deposited.
Sample 1Sample 2
Returns Account means the separate fiduciary bank account into which all or any element of the Returns are required to be deposited in accordance with the provisions of this Funding Agreement, and as specified in clause 18.1;
Sample 1
Returns Account means an account receivable arising from SPV corporate funds being loaned by Bastogne to the DDA for purposes of covering Uncollected ACH Debits.
Sample 1

Examples of Returns Account in a sentence

  • Deposit in the (i) Primary Account, all payments received in respect of the Visa Receivables; (ii) Merchant Business Account, all payments received in respect of the Merchant Business Receivables; and (iii) Returns Account, all payments received in respect of the Merchant Charge-Back Receivables.

  • The ERDF Recipient agrees to use all reasonable endeavours to assist the Secretary of State to promptly register its security over the sums in the Returns Account [acknowledging that its security shall rank behindXXXX ]in accordance with the terms of an intercreditor agreement to be agreed between the parties.

  • South Australian Film Corporation Unclaimed Investor Returns Account To record all of the activities related to unclaimed investor returns managed by the South Australian Film Corporation.

  • USPS First-Mile Returns Account for the Most Volume, but Full Network Returns Bring in the Most Revenue.Of the dedicated returns products, Parcel Return Service (PRS), where USPS handles only the first mile of the return, had the most volume in FY 2017.

  • These categories proved difficult to assign geographically and were removed entirely from the dataset, and their numbers subtracted from the country totals.

  • Where a member attempts to accrue FR Points or credits or attempts Retroactive credit with more than one Star Loyalty programme for the same flight or transaction, the FR Points or credits awarded for the flight or transaction, in part or full, may be forfeited & member blacklisted.In the event of FR Points not appearing in a member's Flying Returns Account, after waiting for 2 weeks, the member may request that the FR Points be retroactively credited to his / her Flying Returns account.

  • The Casino Returns Account does not hold actual cash, but rather accounts for amounts due from customers on account of checks that were not honored by such customers’ banks.

  • The balance in the Undistributed Returns Account at July 31, 2002, was -$9.8 million.

  • Based on the different documents that hold tax transactions, it charges the Tax Returns Account Statement, Payment Slips, Installment Plans, Drawbacks and Tax Setoff Order, Tax Aggregations’ Settlements and Fine Application Order.

  • This balance is transferred to the Profit and Loss Account by crediting Sales Returns Account, and by debiting Profit and Loss Account—shown as a deduction from sales to give a net sales figure.

Related to Returns Account

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

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

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

  • JetBrains Account or “JBA” means an account at xxxxx://xxxxxxx.xxxxxxxxx.xxx created by Customer, having a unique name and password, and through which Customer has access to Products in accordance with a Toolbox Subscription.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

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

  • Separate Accounts means the accounts which are to be prepared for each

  • 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).

  • Collection Accounts As defined in Section 3.10(a).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • After-Tax Account means a Participant’s account to which are credited After-Tax Contributions, if any, and earnings and losses thereon.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • 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.

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

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

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • 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.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Joint Account means an Account opened in more than one name;

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.