Main Account definition

Main Account means Company's operating account established and maintained at the Collecting Bank.
Main Account means an operating account that Customer designates for all Virtual Accounts to be tied with. All available balances in VA will be transferred into Main Account by sweeping function, depending on the sweeping mode selected either online or EOD.
Main Account has the meaning set forth in Section 4.4(b).

Examples of Main Account in a sentence

  • This gratuity will go solely to the wait staff except when a client requests charges to be placed on Main Account.

  • One of these business accounts is designated by the Cardholder as the Main Account with respect to this card.

  • All functions to the Tower Main Account will be calculated for gratuities on retail pricing with an automatic fifteen (15%) percent to the server, even though the guest may leave an additional gratuity for excellent service.

  • Users: people authorized by the Client to use the Account, and in particular the Main Account Users, multi-users, Subaccount Users.

  • All functions to the Tower Main Account will be calculated for gratuities on retail pricing with an automatic 15% to the server, even though the guest may leave an additional gratuity for excellent service.


More Definitions of Main Account

Main Account means the deposit account maintained by the Company at the Depository Bank with account number 3302165408. “Material Adverse Change"” shall mean, with respect to the Company and its Subsidiaries, any event, change, circumstance, occurrence, effect or state of facts that has caused or is reasonably likely to cause a material adverse change in the business, operations, assets or financial condition of the Company and its Subsidiaries, taken as a whole. “Material Adverse Effect” shall mean (a) the effect of a Material Adverse Change, (b) a material adverse effect on the validity or enforceability of this Agreement, (c) the inability or failure of the Company to make the payments provided in this Agreement, (d) a material adverse effect on the ability of the Company to perform any of its other material obligations under this Agreement or (e) any material adverse effect on the Products or the ability of the Company and its Subsidiaries to distribute, market and/or sell the Products. “MidCap Credit Facility” shall mean that certain Credit and Security Agreement (Revolving Loan) and that certain Credit and Security Agreement (Term Loan), as each may be amended, amended and restated, supplemented or otherwise modified as of the date hereof, and as each may be further amended, amended and restated. supplemented or otherwise modified from time to time as permitted by the Intercreditor Agreement, by and among the Company and the Guarantor, as Borrowers (as defined therein), MidCap Credit Facility Agent and the Lenders (as defined therein) party thereto. “MidCap Credit Facility Agent” shall mean MidCap Financial Trust, a Delaware statutory trust, in its capacity as administrative agent under the MidCap Credit Facility or any successor thereto in such capacity. “Minimum Annual Royalty” shall mean with respect to (a) calendar year 2017, zero, (b) calendar year 2018, $1,250,000, (c) calendar year 2019, $2,200,000, and (d) calendar year 2020 and each calendar year thereafter during the Term, $2,750,000; provided, however,
Main Account means IPS operating account established at the Collecting Bank.
Main Account means the Main Account established within the Pension Fund pursuant to clause (4)(a) of Section 3 of the By-law.
Main Account means the deposit account maintained by the Company at the Depository Bank with account number [***].
Main Account means the account which Investec maintains for the main account holder
Main Account means a designated account of the Company maintained with the Bank, being the account from which the funds will be debited by the Bank, pursuant to the Payment Instructions, in accordance with these terms and conditions.
Main Account means the demand deposit account in foreign or domestic currency as allowed by Shinhan of Member opened at Shinhan and linked with Card in order to perform authorized Card transactions & collect Member’s arising fee(s) related to Card.