Designated Account definition

Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1.

Designated Account has the meaning specified in Section 1.2(c).

Examples of Designated Account in a sentence

• Customer may use the Bill Pay Service to direct Bank to make payments from Customer’s designated checking account (the "Designated Account") to the Payees Customer chooses in accordance with these terms and conditions.

• If Bank causes an incorrect amount of funds to be removed from Customer’s Designated Account or causes funds from Customer’s Designated Account to be directed in a manner that does not comply with Customer’s payment instructions provided through the Bill Pay Service, then Customer’s sole remedy against Bank is the return of the improperly transferred funds to Customer’s Designated Account.

• You authorize ProPay to initiate, process, transmit, and settle through our sponsor bank ACH debits or credits to the Designated Account.

• All Loans made hereunder shall be disbursed by credit to the Designated Account or as may otherwise be agreed to between Borrower and the Agents.

• For electronic bill payments, funds will be debited from Customer’s Designated Account, or another account identified by Customer and approved by Bank on the Process Date.

More Definitions of Designated Account

Designated Account means the Deposit Account of Administrative Borrower identified on Schedule D-1 to this Agreement (or such other Deposit Account of Administrative Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrowers to Agent).

Designated Account means account number 4168372225 of Borrowers maintained with Borrowers' Designated Account Bank, or such other deposit account of Borrowers (located within the United States) which has been designated, in writing and from time to time, by Borrowers to Agent.

Designated Account means the Account designated by you (and which designation we have approved) for the time being for the purpose of carrying out Card Transactions.

Designated Account means (a) so long as the Administrator or one of its Affiliates is the sole Certificateholder, the account designated by such Certificateholder (which need not be under the control of the Paying Agent) and (b) at any time thereafter, the Certificate Distribution Account.

Designated Account means account number [**] of Borrower maintained with Borrower's Designated Account Bank, or such other deposit account of Borrower (located within the United States) that has been designated, in writing and from time to time, by Borrower to Agent.

Designated Account means that certain DDA of Borrower identified on Schedule D-1.

Designated Account means, with respect to transactions in U.S. dollars for the Borrower, the account of the Borrower maintained by the Administrative Agent at the Branch of Account for the purposes of transactions in such currency under this agreement.