Revolving Accounts definition

Revolving Accounts means any Account arising from an agreement to extend credit on an ongoing basis through the use of a device such as a credit card or the like, whether or not subject to regulation under Federal Reserve Board Regulation Z, or any state statute or regulation on truth-in-lending.
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Revolving Accounts means the accounts of the Borrower held with the ITM Facility Agent at its Via deii'Universita, Modena branch having the following details: (i) in relation to euro, IBAN number IT84 U030 6912 9306 1(524 7695 209, ABI 3069, CAB 12930, account number 6 1524 7695 209; (ii) in relation to US dollars, IBAN number IT03 0030 6912 9300 0700 0006 148, ABI 3069, CAB 12930, account number 7000006148.
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Examples of Revolving Accounts in a sentence

  • Revolving Accounts or RA sales will typically make up a large percentage of the Franchisee’s sales.

  • The Revolving Accounts Receivable Facility enabled advance financing of trade receivables documented by VAT/ commercial invoices.

  • Revolving Accounts Alliance Luskin Academy receives full and equitable funding pursuant to the Charter School Funding Model for all funds included in the funding model.

  • The Revolving Credit Facility will replace the PLN 250,000 Revolving Guarantee Facility which expired in May 2013 and the PLN 100,000 Revolving Accounts Receivable Facility which was terminated in June 2013.

  • Revolving Accounts Receivable Facility On February 28, 2013 the Company entered into a Revolving Accounts Receivable Facility agreement with Bank Pekao S.A. in the amount of up to PLN 100,000.

  • Revolving and Installment Accounts - Manually Underwritten Loans: • Installment Accounts must have no more than 0 x 30 in the last 12 months and 2 x 30 in the last 24 months.• Revolving Accounts must have no more than 2 x 60 or 0 x 90 in the last 12 months.

  • Installment Payments: Installment debts with a remaining term of 10 months or more shall be included to the total DTI ratio.2. Revolving Accounts: Use greater of $10 or 5% of the balance if no payment amount is listed on the credit report.3. Lease Payments: Lease payments must always be included as a debt when determining the total DTI ratio.4. Child Support: Include all child support (including alimony or separation maintenance) obligations with a remaining term of 10 months or more.

  • On June 1, 2015 the Company entered into a $2.5 million Revolving Accounts Receivable Line of Credit agreement with Bridge Bank.

  • To see if the Town will vote to amend Chapter 19 (Finances), Article XIII (Revolving Accounts) by adding an additional revolving account as follows (NOTE: new language is shown as highlighted text, language to be deleted is shown by strikeout; these methods to denote changes are not meant to become part of the final text; non- substantive changes to the numbering of this bylaw shall be permitted in order that it be in compliance with the numbering format of the Code of the Town of Nantucket): §19-21.

  • They found that for speeds of ~5 km s-1, the mass loss was ~2.6 times the mass of the projectile; in other words nej ≈ 2.6. Assuming for vertical impacts nej = (Kiron/21.13) mD0.13 Δv2.26 (33) by analogy with (26) for mD = 1.5 × 10-4 kg yields Kiron = 7.809 × 10-8 for irons, as compared to Kstone = 7.015 × 10-6 for stones.Thus if (33) applies to iron meteoroids, then the mass loss is a factor of ~90 smaller per impact than for stony meteoroids.

Related to Revolving Accounts

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Accounts shall have the meaning given to such term in Section 11.1 hereof.

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Financing Accounts means, collectively, the Credit Account and the Grant Account (or, where the context so requires, either of the Credit Account or the Grant Account).”

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under its sole dominion and control.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

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

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • Credit Account is modified to read “Grant Account”.

  • Lender’s Account means the account identified in Schedule L-1.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • 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.

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

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.