Operating Bank Accounts definition

Operating Bank Accounts means the Bank Accounts in the name of Station Casinos LLC or the Owner for the payment of Operating Costs and any other costs to be paid pursuant to this Agreement and the deposit of monies related to the Managed Properties, which accounts shall be (i) separate and distinct from any other accounts, reserves or deposits required by this Agreement, and (ii) interest bearing accounts if such an account is reasonably available (all interest earned shall be retained in the Operating Bank Accounts).
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Operating Bank Accounts is defined in Section 3.11.
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Operating Bank Accounts has the meaning set forth in Section 3.24.
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Examples of Operating Bank Accounts in a sentence

  • The authorisation for Accepting Deposits and/or Opening and Operating Bank Accounts qualifies an Authorised Firm as a Bank.

  • Operating Bank Accounts – Current Account bank account balance held by Crown for funding CashflowThe table above has been adjusted from Q4 2015 to account for confirmed commitments on the Project City (roading) project that were unclear at the time of completing the 2014/15 quarterly financial reports.

  • Cash Book and Bank ReconciliationsThe Central Provincial Government maintained and operated two Operating Bank Accounts and two separate cashbooks to conduct its financial transactions for Grant and Internal Revenues respectively.

  • Operating Bank Accounts: Accounts are for the financial operations of Chartered Clubs and must be IRS compliant.

  • WFCU Centre Arena Events and Operating Bank Accounts; (added B/L 138-2012, Oct.

  • DOR Operating Bank Accounts; a payroll and overhead expenses account but did not see any mention of a payroll debit card.

  • What does this mean?Some manufacturing involves the production of intermediate goods.

  • To the extent that any activity constitutes Opening and Operating Bank Accounts such a Regulated Activity is taken to be incorporated within Accepting Deposits.

  • Accepting Deposits may include Opening and Operating Bank Accounts; 17) Providing Credit –providing a Credit Facility to another Person; 18) Advising on a Credit Facility –giving advice to a Person in his capacity as a borrower or a potential borrower, on the merits of his entering into a particular Credit Facility; 19) Arranging a Credit Facility –making arrangements for the provision of a Credit Facility by one or more Persons.

  • Banking administration Opening Bank Accounts Operating Bank Accounts The importance of Compliance Efficiency of Banking Tasks 7.


More Definitions of Operating Bank Accounts

Operating Bank Accounts is hereby amended and restated as follows:
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Operating Bank Accounts means the accounts in the name of HMC with designated bank in which all funds received from the operation of the Hotel Business will be deposited;
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Related to Operating Bank Accounts

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Lockbox Bank means a depository institution named by the Servicer and acceptable to the Controlling Party.