Account Control definition

Account Control means the controls by which by which the Customer, through the Master User, establishes control and authorities over all Linked Accounts (eg: transaction limits, authorizations, workflow, Passwords), pursuant to the Online Banking Guides.
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Account Control refers to your authority to designate an Administrator, to designate one or more Secondary Users with access to an individual Account, and to set up transaction authorities and limits for each Secondary User.
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Account Control means full access to, and control over, Company Affiliate’s Services data and accounts and the right, without notice to Company Affiliate, to cause changes to Company Affiliate’s Services data and accounts.]
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Examples of Account Control in a sentence

  • All accounts held outside of the Bank shall be subject to a Deposit Account Control Agreement in form and substance acceptable to the Bank and shall be put into place within thirty (30) days of the Closing Date.

Related to Account Control

  • Account Control Agreement means the Account Control Agreement relating to the Accounts, dated as of the Closing Date, among the Borrower, the Servicer, the Administrative Agent and the Account Bank.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

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