Sales Account definition

Sales Account has the meaning set forth in Section 7.7(b)(i).
Sales Account means account number XXXXXXXX928 in the name of NewCo and maintained with Bank.” “ “Sixth Amendment Effective Date” is January 9, 2018.2.3 Schedule C (Definitions). The following term and its respective definition appearing in Schedule C of the Loan Agreement is amended in its entirety and replaced with the following:
Sales Account means account number XXXXXXXX928 in the name of NewCo and maintained with Bank.”

Examples of Sales Account in a sentence

  • Commercial and Industrial Sales, Account 481, may be classified according to the basis of classification (Small or Commercial, and Large or Industrial) regularly used by the respondent if such basis of classification is not generally greater than 200,000 Mcf per year or approximately 800 Mcf per day of normal requirements.

  • Customer may add or delete numbers by contacting a CenturyLink Sales Account Representative or via the Portal, but must not drop below the minimum six numbers (one for F+) per Circuit.

  • This is the same as the ASRItem number provided by the Sales Account Manager.

  • Totals of Credit Note Books with Agent’s Account and Sales Account in General Ledger.

  • The majority of orders are received electronically from clients, although where Tradebook Europe provides execution services the client can also give an order by telephone or by messaging system to the Tradebook Europe Sales Account Manager.

  • The Account Holder will be prevented from using their Invoiced Sales Account after the Invoiced Sales Account has been terminated.

  • Benefits will be mainly a business that you manage - instead of a business that manages you! Double Entry PrinciplesBy entering a Sales Invoice in the Sales Ledger, the customer’s account, the Sales Ledger Control Account (agreeing the total of the individual sales ledger balances to the total debtors in the trial balance), the VAT Account, and the Sales Account in the Profit and Loss Account are all automatically updated.

  • Where the user specifies these parameters, these constitute specific instructions from the client which Tradebook Europe must follow to the exclusion of any default settings.In addition to sending orders electronically, clients may give direct oral or written instructions to a Sales Account Manager.

  • Excise duty realizable from customers is credited to Sales Account.

  • Sales Account has been given less credit for Rs. 1,000, so credit side of the Trial Balance would be short by Rs. 1,000.The combined affect of all the errors is that the credit side of the Trial Balance would exceed the debit side by Rs. 90.


More Definitions of Sales Account

Sales Account means account number ending in 370 in the name of NewCo and maintained with Bank.

Related to Sales Account

  • Series Accounts means, collectively, the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account.

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

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • 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.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

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

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

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

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

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

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

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

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Investment Account As defined in Section 3.12(a).

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • 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.

  • Private Account means the portion of a portfolio of a private client or mutual fund client for which the Adviser serves as investment adviser or subadviser.

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

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • 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.