Dormant and/or Inactive Account Fee definition

Dormant and/or Inactive Account Fee means a handling fee of $5/€5/£5/₦5 or equivalent per month imposed by the Company and/or paid by the Client for his/her dormant account(s) held by the Company, as this may be amended from time to time by the Company.
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Dormant and/or Inactive Account Fee means a handling fee of $5/€5/£5 or equivalent per month imposed by the Company and/or paid by the Client for his/her dormant account(s) held by the Company, as this may be amended from time to time by the Company.
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Related to Dormant and/or Inactive Account Fee

  • Inactive Account means a trader’s Account which had Client-Initiated activity and subsequently it remained inactive for a period of 90 days.

  • Active Account means an individual investment account in the Plan with a balance greater than $0.

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Cash Collateral Account means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent.

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Credit Account is modified to read “Grant Account”.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.