Clearing Account definition

Clearing Account means the account so designated and established by Section 5.04(1) hereof.
Clearing Account has the meaning set forth in Section 2.7.1 hereof.
Clearing Account shall have the meaning set forth in Section 6.1.

Examples of Clearing Account in a sentence

  • With respect to HRC Timeshare Loans, (i) the HRC Lockbox set forth on Exhibit E is the only account address to which Obligors of HRC Timeshare Loans are directed to make payments and (ii) the Clearing Account set forth on Exhibit E is the only account to which Collections received from Obligors by means of pre-authorized debits from a deposit of such Obligor pursuant to a PAC or from a credit card of such Obligor pursuant to a Credit Card Account will be deposited.


More Definitions of Clearing Account

Clearing Account means Account No. 4159359173 in the name of the Seller maintained at Wellx Xxxgo Bank, N.A.
Clearing Account shall have the meaning set forth in Section 10.1(a) hereof.
Clearing Account shall have the meaning ascribed to such term in the Cash Management Agreement.
Clearing Account means the “Clearing Account” as defined in the Clearing Account Agreement.
Clearing Account means Account No. 4159359173 in the name of the Seller maintained at Xxxxx Fargo Bank, N.A.
Clearing Account shall have the meaning set forth in the Mortgage Loan Agreement.
Clearing Account means the depositary account identified as such on Exhibit E into which Collections are collected or deposited.