Special Account Instructions definition

Special Account Instructions. You may request that we facilitate certain trust, will, or court-ordered account arrangements. However, because we do not give legal advice, we cannot counsel you as to which account arrangement most appropriately meets the specific requirements of your trust, will, or court order. If you ask us to follow any instruction that we believe might expose us to claims, lawsuits, expenses, liabilities, or damages, whether directly or indirectly, we may refuse to follow your instructions or may require you to indemnify us or post a bond or other protection. Account xxxxx- es requested by you, or any account owner, such as adding or closing an account or service, must be evidenced by a signed Account Change form and accepted by us.
Sample 1
Special Account Instructions. You may request that we facilitate certain trust, will or court- ordered account arrangements. However, because we do not give legal advice, we cannot counsel you as to which account arrangement most appropriately meets the specific require- ments of your trust, will or court order. If you ask us to follow any instructions that we believe might expose us to claims lawsuits, expenses, liabilities or damages, whether directly or indirectly, we may refuse to follow your instructions or may require you to indemnify us, post a bond or provide us with other protection. Account changes requested by you, or any account owner, such as adding or closing an account or service, must be evidenced by a signed Account Change Form and accepted by us. Handling of Business Account upon Disability, Death or Dissolution: If the owner of a sole proprietorship Account dies, account proceeds pass to the deceased owner’s estate. If we have actual notice of the disability of the owner of a sole proprietorship account, we will follow the instructions of the person appointed by the court, or a valid power of attorney to handle the property of the disabled sole proprietor. In all other cases, individuals listed as Authorized Signers on the Business Account Signature Card are not joint owners with right to survivorship. Instead, the business entity continues to own the Account after the death, disability or incom- petence of an owner or Authorized Signer. If one Authorized Signer dies or becomes disabled or incompetent, any remaining Authorized Signers can continue to transact on the Account. If a sole Authorized Signer on a business account other than a sole proprietorship dies or becomes disabled, we can follow the instructions of any person we reasonably believe has the author- ity to conduct business on the Account on behalf of the entity. If a corporation, LLC or LLP is dissolved, we will follow the instructions of any Authorized Signer until we have actual notice of the dissolution. Once we have actual notice of the dissolution, we will follow instructions of any person authorized by the dissolution documents with respect to distribution of Account proceeds and Account closing. Taxpayer Identification Numbers and Backup Withholding: Federal law requires us to verify the identity of each person seeking to open an account (including Authorized Signers) and to maintain records of the information used to verify each person’s identity. Accordingly, we may ask for certain business rec...
Sample 1

Examples of Special Account Instructions in a sentence

  • Special Account Instructions You may request that we facilitate certain trust, will, or court-ordered account arrangements.

  • Special Account Instructions You may request the Credit Union to facilitate certain trust, will, or court-ordered account arrangements.

  • Special Account Instructions You may request that we facilitate certain financial or court-ordered Account arrangements.

  • The full extent of Remedial Action Scheme (RAS) modifications will not be determined until detailed design.

  • Special Account Instructions – You may request that we facilitate certain trust, will, or court-ordered account arrangements.

  • Special Account Instructions You may request that we facilitate certain trust, will or court-ordered arrangements.

  • In compliance with all rules and regulations governing the administration of self- insurance pursuant to Labor Code Section 2700, and the California Administration Procedures Act, the proposer will:  Prepare Special Account Instructions (SAI).

  • Both the 1991 and 2010 Standards limit the counter slope of adjoining gutters and roadways to 1:20 (which is the same as 5%) to reduce the risk of wheelchairs tipping forward or flipping backwards.

  • According to Barger (2012) the advance of an active social media communication is evident; it makes it possible for organizations to participate in conversations with the people.

Related to Special Account Instructions

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Spread Account Agreement means the Spread Account Agreement dated as of December 1, 1994, as amended and restated as of May 11, 1998 among the Insurer, the Seller and the Collateral Agent, as the same may be modified, supplemented or otherwise amended in accordance with the terms thereof.

  • 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.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Collection Account Bank and Lender providing for the exclusive control of the Collection Account and all other Accounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.