UK Accounts definition

UK Accounts means Accounts that are billed and collected by the Borrower in the United Kingdom and which (a) otherwise satisfy the definition of Eligible Accounts and (b) contain selling terms and conditions acceptable to Bank in its sole but reasonable discretion.

UK Accounts means the Lock-Box Accounts identified as “UK Accounts” on Schedule II hereto, in each case, so long as such Lock-Box Account is subject to English law.

UK Accounts means those means all presently existing and hereafter arising accounts, contract rights, payment intangibles, and all other forms of obligations owing to MIVA UK arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by MIVA UK, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by MIVA UK and MIVA UK’s Books relating to any of the foregoing, that (a) arise in the ordinary course of MIVA UK’s business, (b) are bona fide existing obligations, (c) the property and services giving rise to such Accounts has been delivered or rendered to the account debtor or to the account debtor’s agent for immediate and unconditional acceptance by the account debtor, and (d) neither Borrower nor MIVA UK has received notice of actual or imminent Insolvency Proceeding of any account debtor that is included in any Borrowing Base Certificate as an Eligible UK Account.

Examples of UK Accounts in a sentence

• Performing certain cashiering, client money and custody services for IB UK Customers, IB UK Accounts and IB UK Transactions.

• IB UK requires IB UK Customers to remit all funds related to their IB UK Transactions or to their IB UK Accounts, or otherwise tendered pursuant to the IB UK Customer Agreement, either: (a) directly to IB LLC or (b) to a designated financial institution with which IB LLC maintains a customer account.

• Performing certain collection services with respect to IB UK Accounts, including the collection of all commissions and fees and other monies or assets due from IB UK Customers under the terms of the IB UK Customer Agreement.

• IB UK and IB LLC are authorized to disclose information or documentation relating to IB UK Customers or IB UK Accounts and IB UK Transactions to each other and to their respective affiliates.

• IB UK and IB LLC are parties to an Execution and Clearing Agreement pursuant to which IB LLC performs certain services with respect to IB UK Customers, IB UK Accounts and IB UK Transactions ("Execution and Clearing Agreement").

More Definitions of UK Accounts

UK Accounts means the audited accounts of UK Sub for the twelve month period ended on March 31, 2010.

UK Accounts means the UK Cash Account and the UK Securities Account.

UK Accounts means the Company's or its Subsidiaries' individual accounts (as that term is used in section 226 of the UK Companies Act of 1985) and cash flow statement for the financial year ended December 31, 1998, the auditor's report on those accounts, the directors' report for that year and the notes to those accounts.

UK Accounts means the audited accounts for each U.K. Purchased Subsidiary for the accounting period ended on the U.K. Accounts Date.

UK Accounts means the audited financial statements of each UK Group Company as at and to the UK Accounts Date, comprising the individual accounts of each UK Group Company, and in the case of the Company, the consolidated group accounts of the Company and each of the other Group Companies, including in each case the balance sheet, profit and loss account together with the notes on them, the cash flow statement and the auditors’ and directors’ reports.

UK Accounts means the accounts of TCFL and any U.K. Subsidiary as at the U.K. Accounts Date.

UK Accounts means, collectively and individually as the context requires, UK Eligible Accounts, UK Eligible Foreign Accounts and UK Eligible Government Accounts.