Purchased Account definition

Purchased Account and “Purchased Accounts” shall have the meanings set forth in Section 3.01(a).

Purchased Account. An Account purchased by Purchaser which is not Closed.

Purchased Account means an Account that has been purchased by Summit pursuant to Xxxxxxx 0, Xxxxxxxx of Accounts.

Examples of Purchased Account in a sentence

• Accordingly, Account 348, Energy Storage Equipment-Production, Account 351, Energy Storage Equipment-Transmission, and Account 363, Energy Storage Equipment- Distribution, as proposed in the NOPR are adopted in this Final Rule.2. Power Purchased Account Commission Proposal 142.

• Company Commercial Name Legal NameAddress Telephone # City, State/Province Country Postal Code Products Purchased Account # Bank Reference Bank Name Account # Date Opened Bank Address Telephone # Bank Contact Name Account Type AUTHORIZATION TO RELEASE INFORMATION - This bank is authorized to release any information necessary to assist Pearson VUE in establishing a line of credit for Company.

• Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account, at Seller's sole cost and expense.

• At the time of its sale and assignment to Purchaser, each Purchased Account is a valid, bona fide Account, representing an undisputed indebtedness incurred by the named customer for goods actually sold and delivered or for services completely rendered and such Purchased Account would qualify as an Eligible Account.

• Seller acknowledges that any payment for a Purchased Account is the sole and exclusive property of Purchaser and ANY USE OF OR INTERFERENCE WITH PAYMENT FOR A PURCHASED ACCOUNT MAY RESULT IN CIVIL LIABILITY, CRIMINAL LIABILITY, OR BOTH.

More Definitions of Purchased Account

Purchased Account means an Account existing as of the Closing Date and purchased by the Bank pursuant to the Purchase Agreement.

Purchased Account shall have the meaning set forth in the Receivables Purchase Agreement, the Factoring Agreement or the Receivables Financing Agreement, as applicable.

Purchased Account means an Account purchased by Purchaser and not a Repurchased Account.

Purchased Account means an Account which is not directly originated by the Originator or an Eligible Originator but that is acquired by the Originator or an Eligible Originator from an unaffiliated third-party.

Purchased Account means, with respect to any Customer and any Billing Period, an Account that (a) has been approved by Factor pursuant to Section 4(e) pursuant to a Purchase Commitment, (b) is created during such Billing Period, (c) is evidenced by a Trading Account Invoice with respect to such Billing Period and (d) the dollar amount of which, together with all other Purchased Accounts of such Customer with respect to the Purchase Period in which such Purchased Account is purchased, does not exceed the Credit Limit of such Customer for such Purchase Period.

Purchased Account an Account which has been purchased by Crestmark from Client hereunder.

Purchased Account means an Account which is purchased by JPMCB Receivables Purchaser from time to time pursuant to the Receivables Purchase Agreement.