Account Credit Sample Clauses

Account Credit. Your Purchaser business account will be issued a credit for Covered Transactions on the next weekly billing cycle, subject to the limitations set forth in Section 2 above. In the event that the credit amount is larger than the invoice amount, the credit will reflect the total of the invoice and the remainder of the credit will be applied to the subsequent invoice(s).
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Account Credit. The Customer can request to increase the existing account credit limit from the original agreed amount. The Customer must complete an “Application to Increase Credit” form and submit the completed form to the Suppliers Account Manager for approval and processing.
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Account Credit. BPL shall credit the Customer-Generator’s account for all energy (kWh) (within the capacity limits stipulated) supplied to the Grid at the Feed-in Tariff
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Account Credit. An account credit is generated when collected revenue exceeds the annual contract amount. Account credits are generated by Resident rent and may be used for outstanding Master Lease balances or renovation invoices. Account credit is not eligible for cash withdrawal.
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Account Credit. In the event any scheduled sale of Shares is not executed as provided in Section 1 (or Section 2, if applicable) of this Plan, the account of Seller shall be credited as if such sale had taken place as scheduled or provided in Section 2 of this Plan.
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Related to Account Credit

  • FIXED ACCOUNT An account that is part of SBL's General Account. SBL guarantees that it will credit interest on Contract Value allocated to the Fixed Account at an annual rate at least equal to the Guaranteed Rate set forth on page 3.

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

  • Funding Account The Administrative Agent shall have received a notice setting forth the deposit account of the Borrower (the “Funding Account”) to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

  • Administrative Accounts In connection with the services provided hereunder, the Custodian is hereby directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the Fund and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, each on behalf of the Fund (each an “Account”). Each such Account shall be subject to the terms and conditions of this Agreement and the Fund shall be liable for the satisfaction of its obligations in connection with each Account.

  • Reserve Account Draw Amount On or before two Business Days before a Payment Date, the Servicer will calculate the Reserve Account Draw Amount for the Payment Date and will direct the Indenture Trustee to withdraw from the Reserve Account and deposit the Reserve Account Draw Amount into the Collection Account on or before the Payment Date.

  • Investment Account The Manager shall maintain an investment account or accounts in the Manager’s name (the “Account”) on behalf of the Principal, any other participating insurer affiliated with the Principal and/or the Ultimate Parent Company, an insurance subsidiary or affiliate of the Principal and/or the Ultimate Parent Company or a pension plan or profit-sharing plan of the Principal, its insurance subsidiaries or affiliates, (collectively, the “Participants”), and shall hold therein all debt obligations, accounts or deposits permitted by the New Hampshire Insurance Code as more fully described on Exhibit A, as may be amended from time to time, and attached hereto and incorporated herein (collectively, “Investments”), deposited in or purchased or otherwise acquired for and on behalf of the Principal and the Participants from time to time pursuant to the terms and conditions of this Agreement. All Investments in the Account shall be Short-Term Obligations.

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