Examples of Transferred Account in a sentence
A separate Elective Deferrals Account, Employee Thrift Contributions Account, Employer Contributions Account, Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Participant Voluntary Nondeductible Contributions Account, Qualified Matching Contributions Account, Qualified Nonelective Contributions Account, Rollover Contribution Account, and Transferred Account, as the case may be.
Transferee hereby accepts the transfer and assignment of the Transferred Account by Transferor pursuant to paragraph 2 above and does hereby assume, and undertake and agree to hereafter pay, perform, and discharge in accordance with their terms any and all of the liabilities, obligations and commitments of Transferor relating to the Transferred Account.
By accepting such transfer and assignment of the Transferred Account, the Transferee expressly acknowledges and agrees to the terms and conditions of the Office Ally User Agreement (the “Agreement”), the applicable Data Sheet(s) corresponding to the Office Ally products and/or services provided under the Transferred Account, and Office Ally’s standard Business Associate Agreement (“BAA”).
Transferor agrees to pay any open balance on the Transferred Account by or before the Effective Date, or to otherwise notify the Transferee of such open balance.