Sales Ledger Account definition

Sales Ledger Account means an account maintained by us in your name for the purpose of recording the monetary value of Notified Debts.
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Sales Ledger Account means the account maintained in the Bank's record in the Client's name reflecting, inter alia, the Notified Debts and the payments received in respect of the Notified Debts and where the context so admits a combination of such accounts;
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Examples of Sales Ledger Account in a sentence

  • The crediting of the Finance Amount of each Receivable to the Sales Ledger Account shall have the effect of immediately obliging us to repay to the Bank all the Receivables stated in these invoices, benefit and interest in, as well as monies due to us from time to time in relation to, such Financed Receivables to the Bank.

  • The Housing Services Team is responsible for managing current tenant arrears and monitoring tenants who have a former tenancy with arrears or a Sales Ledger Account.

  • Any Dilutions that reduce the Invoice Value and Remittances will be debited to the Sales Ledger Account.

  • Offers of appointment are issued on approval of the recommendations of the Selection Committee.

  • These accounts will include a Sales Ledger Account, a Funds in Use Account and such other accounts as Axxxxxxxx consider appropriate.

  • Subject to the terms of this Agreement and provided that our insurers have paid the relevant Protected Amount to us, we will credit the relevant Protected Amount to the Current Account (and if appropriate debiting the Sales Ledger Account) in satisfaction of our obligation to pay the Purchase Price of the relevant Debt.

  • We will credit the Invoice Value of each Debt Notified to us to the Sales Ledger Account upon receipt of a Schedule.

  • The Historical Background of the Most Favored Nation clause: The MFN clause is a treaty provision under which a state accords to other contracting state's investors "treatment that is no less favorable than that which it accords to other or third States"49.

  • We may exercise Recourse by written notice to you or by debiting the relevant amounts to the Current Accountand Sales Ledger Account.

  • In Customer and Sales Ledger Account Maintenance new look ups gave been added for the Town and the County.

Related to Sales Ledger Account

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

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

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

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

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

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

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

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

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Regular account means the account established for each active and inactive member un-

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

  • 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.

  • 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.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

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

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Member Account means the regular account and the variable account.

  • 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.

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

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

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

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.