Sending Account definition

Sending Account means any Account that sweeps funds to another Account in Customer’s Account hierarchy.
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Sending Account has the meaning given to it in Section 10.6 e); Services means the services available through ATB Business or other means (as determined by ATB Financial) and those services to which the Client subscribes, as applicable, and ATB Financial agrees to provide as outlined in this Agreement and any accompanying Service Schedule(s). This includes the Basic Services as well as any specific Cash Management Services offered by ATB Financial from time to time as outlined in this Agreement and any applicable Service Schedule(s); Service Provider means any of ATB Financial’s suppliers, licensors, service providers, vendors or any third party which provides a product, service, system, platform, technology or network used in relation to the Services; Services Requesting Documentation has the meaning given to it in Section 2.3; Service Schedule means each individual agreement(s) that supplements and forms part of this Agreement pursuant to which specified Services are offered; Signing Officers means, in respect of any Account, a person who is authorized to give instructions in respect of the Account; Spread has the meaning given to it in Section 10.10; Termination Event has the meaning given to it in Section 18.4;
Sample 1

Examples of Sending Account in a sentence

  • Upon receipt of requests for Transfers transmitted through the System (each, a “Payment Order”), the Branch is authorized to transfer funds from any Account specified in the Payment Order (a “Sending Account”) to any other account specified in the Payment Order (a “Receiving Account”) and to charge to the Sending Account the amount of the Payment Order and any applicable fees and charges.

  • In accordance with the Additional Program Indenture and the Cross-Investment Agreement, as such amounts are repaid, they shall be deposited into the C-I Sending Account within the Cross- Investment Fund.

  • For an Inbound Transfer, your Account may be referred to as the "Receiving Account", and your Linked Account may be referred to as the "Sending Account." For an Outbound Transfer, your Linked Account may be referred to as the “Receiving Account” and your Account may be referred to the “Sending Account”.

  • Unless and until applied for the purpose of Cross-Investment, amounts on deposit in the C-I Sending Account within the Cross-Investment Fund may be used for any purpose under this Master Indenture as directed in an Officer’s Certificate.

  • Cost Share – No Federal funds may be used to meet the (sub)awardee’s cost share obligation for this project.

  • Upon the Cross-Investment of funds from the C-I Sending Account within the Cross-Investment Fund into an Additional Program Indenture, such funds shall immediately be applied to pay the interest on and/or the principal of any series of senior-lien bonds issued pursuant to such Additional Program Indenture then due and payable as required by the Cross- Investment Agreement.

  • The Cross-Investment Additional Program Note evidencing such Cross- Investment shall be held by the Trustee in the C-I Sending Account within the Cross-Investment Fund.

  • When initiating a Transfer in the Account Center, a confirmation screen will appear that will include fields for: (a) the dollar amount of the requested Transfer; (b) a Receiving Account; (c) a Sending Account; (d) any applicable Transfer Service fee amount (the “Transfer Service Fee”); and (e) the total amount of the requested transaction to be added to your Account or debited from your Account, as applicable, which will include the Transfer Service Fee, if any.

  • MONEY TRANSFER TO BAKING ACCOUNT:Choose Account/Withdraw Cash/ Transfer Cash To Bank Account2.1. Transfer money to registered banking account:- Step 1: Information screen (1) In the Sending Account section, choose sub-account to transfer securities.(2) Check for cash balance.(3) Choose banking account and check Beneficiary information.(4) Import amount of money.(5) Click “Confirm” - Step 2: The system will display the notification.Choose “Confirm” to complete the process.

  • Upon receipt of a Payment Order transmitted through the System, Banco do Brasil is authorized to transfer funds from any Account specified in the Payment Order (a "Sending Account") to any other account specified in the Payment Order (a "Receiving Account") and to charge to the Sending Account the amount of the Payment Order and any applicable fees and charges.

Related to Sending Account

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

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

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

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 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 CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" 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.

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

  • Holding Account means an account:

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

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

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

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

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

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

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

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

  • 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.

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

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

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

  • 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.

  • 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.

  • 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.