PNC Account definition

PNC Account means the account specified form payments to PNC on Schedule C or such other account designated as such by PNC from time to time.
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PNC Account is defined in Section 6.8(a).”
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PNC Account means each of Borrower’s accounts at PNC Bank, National Association set forth on Schedule 5.14 on the Closing Date.
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Examples of PNC Account in a sentence

  • The Kormans were ordered to complete the schedules for Imatek and did not disclose the PNC Account.

  • On March 12, 2009, Jonathan, with Harvey’s consent, withdrew cash in the amount of $9,827.73 from PNC Account.

  • Harvey told Jonathan that he wanted to open the PNC Account because: “They fucked us.

  • As a result of this email, U.S. GPO transferred invoice payments to the PNC Account in the amount of $23,102 (the “U.S. GPO Funds”).

  • The Bank subpoenaed the PNC Account records and the check amounts identified on the PNC bank statements matched the first two items above, but not the second two items.

  • They claim that the failure to disclose was an oversight, because at the time they filled out the schedules, the PNC Account had less than $1.00 balance.

  • The Kormans never informed EagleBank that its collateral was diverted into another account, nor did they disclose the PNC Account on Imatek’s bankruptcy schedules.11 EagleBank never recovered the U.S. GPO Funds.

  • It is not altogether clear how all of these funds were spent, but the Bank never recovered the U.S. GPO Funds.The Court therefore concludes that the Kormans willfully and maliciously intended to injure the Bank by diverting the U.S. GPO Funds to the PNC Account.

  • Scour protection devices shall include embankment stabilisation e.g. rock walls, concrete aprons, gabions, turfing, jute mesh, energy dissipating units, or other more appropriate erosion control devices approved by Council.

  • By email, Appellant directed the U.S. GPO to submit payments on receivables to the PNC Account, and the U.S. GPO submitted payments of $23,102 (“U.S. GPO Funds”) to that account, rather than the lockbox account.


More Definitions of PNC Account

PNC Account means the account specified form payments to PNC on Schedule C or such other account designated as such by PNC from
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PNC Account means that certain account maintained by Borrower at PNC Bank as set forth on the Perfection Certificate so long as such account is closed within forty five (45) days after the Closing Date and the aggregate value in such account does not exceed Two Million Dollars ($2,000,000.00) at any time.
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PNC Account means Lantronix ULC’s account no. xxx-xxx-220-2 at PNC Bank.
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Related to PNC Account

  • Investment Account As defined in Section 3.12(a).

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

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Administration Account As defined in Section 7.02.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Direct Account : means any Account which is not an ISA Account.

  • Note Account As defined in the Indenture.

  • Subaccount means any subaccount designated and established hereunder.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Separate Accounts means the accounts which are to be prepared for each

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.