Account Designation definition

Account Designation means the designation as specified in the Settlement Instructions of an Existing Account, Designated Account or Local Account into which a Claimant instructs deliveries under its Entitlement to be credited;
Sample 1Sample 2
Account Designation. Wxxxx Fargo Bank, N.A. (MxXxxx, VA) ABA #: 100-000-000 Account Name: MidCap Funding IV Trust – Collections Account #: 2000036282803 Attention: Xtant Facility LENDER: MIDCAP FUNDING IV TRUST By: Apollo Capital Management, L.P., its investment manager By: Apollo Capital Management GP, LLC, its general partner By: /s/ Mxxxxxx Xxxxxxxx Name: Mxxxxxx Xxxxxxxx Title: Authorized Signatory Address: c/o MidCap Financial Services, LLC, as servicer 7000 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxxx, Xxxxxxxx 00000 Attn: Account Manager for Xtant transaction E-mail: nxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: c/o MidCap Financial Services, LLC, as servicer 7000 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxxx, Xxxxxxxx 00000 Attn: General Counsel E-mail: lxxxxxxxxxxx@xxxxxxxxxxxxxxx.xxx ANNEXES, EXHIBITS AND SCHEDULES ANNEXES Annex A Commitment Annex EXHIBITS Exhibit A [Reserved] Exhibit B Form of Compliance Certificate Exhibit C Borrowing Base Certificate Exhibit D Form of Notice of Borrowing Exhibit E-1 Form of U.S. Tax Compliance Certificate Exhibit E-2 Form of U.S. Tax Compliance Certificate Exhibit E-3 Form of U.S. Tax Compliance Certificate Exhibit E-4 Form of U.S. Tax Compliance Certificate Exhibit F Closing Checklist SCHEDULES Schedule 2.1 [Reserved] Schedule 3.1 Existence, Organizational ID Numbers, Foreign Qualification, Prior Names Schedule 3.4 Capitalization Schedule 3.6 Litigation Schedule 3.17 Material Contracts Schedule 3.18 Environmental Compliance Schedule 3.19 Intellectual Property Schedule 4.9 Litigation, Governmental Proceedings and Other Notice Events Schedule 4.17 Products Schedule 5.1 Debt; Contingent Obligations Schedule 5.2 Liens Schedule 5.7 Permitted Investments Schedule 5.8 Affiliate Transactions Schedule 5.11 Business Description Schedule 5.14 Deposit Accounts and Securities Accounts Schedule 6.1 Net Revenue Schedule 7.4 Post-Closing Obligations Schedule 9.1 Collateral Schedule 9.2(b) Location of Collateral Schedule 9.2(d) Chattel Paper, Letter of Credit Rights, Commercial Tort Claims, Instruments, Documents, Investment Property
Sample 1
Account Designation shall have the meaning set forth in Section 2.2 hereof.
Sample 1

Examples of Account Designation in a sentence

  • If the Account Designation shows a payable- on-death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.

  • If the Account Designation shows a payable-on-death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if the Settlor is deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and only if the Settlor is deceased.

  • If the Account Designation shows a payable on death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if the Settlor is deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and only if the Settlor is deceased.

  • If applicable, please provide details of the Account Designation in brackets.

  • If the Account Designation shows a payable-on- death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.

  • The Seller will Transfer to the Custodian on a daily basis the Interchange Fees, representing the aggregate amount of fees paid or payable to the Seller on such day in respect of all Visa Accounts, Mastercard Accounts and other Specified Account Designation Accounts from other financial institutions that clear such credit card transactions for merchants after netting or set-off occurs.

  • The Administrative Agent shall have received a Notice of Account Designation specifying the account or accounts to which the proceeds of any Loans made on or after the Closing Date are to be disbursed.

  • If the Account Designation shows a payable on death status, any Beneficiary has rights to the Account only if alive and only if the Settlor is deceased.

  • Through pre-app discussions, DFI-TP has asked the JFH team to seek to maximise the number of cycle parking facilities at the site.

  • The Borrower may at any time deliver to the Administrative Agent an Account Designation Letter listing any additional accounts or deleting any accounts listed in a previous Account Designation Letter.


More Definitions of Account Designation

Account Designation. Saxon Asset Securities Trust 2006-3 Mortgage Loan Asset Backed Notes, Series 2006-3.
Sample 1
Account Designation. When you sign up for bill pay, you will need to designate an account at the Credit Union as your bill payment account. You authorize us to process bill payments from your designated account. You may use bill pay to initiate two different types of payment transactions:
Sample 1

Related to Account Designation

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Notice of Account Designation has the meaning assigned thereto in Section 2.3(b).

  • Type designation means a combination of letters and numerals assigned by the Government to a major end item, assembly or subassembly, as appropriate, to provide a convenient means of differentiating between items having the same basic name and to indicate modifications and changes thereto.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Designation Letter has the meaning specified in Section 2.17(a).

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Notice of Purchase Withdrawal Has the meaning specified in the Deposit Agreement.

  • Designation Date as defined in Subsection 2.10(f).

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Administrative Agent to a Collection Bank.

  • Applicable Account means, with respect to any payment to be made to the Administrative Agent hereunder, the account specified by the Administrative Agent from time to time for the purpose of receiving payments of such type.

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

  • Designation Amount has the meaning given to this term in Section 4.15.

  • 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.

  • Designation Agreement means a designation agreement in substantially the form of Exhibit G attached hereto, entered into by a Bank and a Designated Lender and accepted by the Administrative Agent.

  • Additional Account means each New Account and each Aggregate Addition Account.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Reportable Account The term “Reportable Account” means an account held by one or more Reportable Persons or by a Passive NFE with one or more Controlling Persons that is a Reportable Person.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Series Designation has the meaning assigned to such term in Section 3.03(a).

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class A( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Additional Cardholder means the person you have authorised to use a prepaid card connected to your account, who you agree is authorised to undertake transactions on your behalf and who is also subject to these terms and conditions