Remittance Account definition

Remittance Account means the deposit account established and maintained by Seller at Bank into which Bank shall deposit any and all funds received by Bank from time to time which are attributable hereunder to Seller’s Retained Percentage in any Participated Mortgage Loan and which are required to be paid by Bank to Seller hereunder.
Remittance Account means the account of the Seller Representative located at Bank of America, NA (ABA No. 000000000) with account number 0000000000, or such other account as notified to the Administrative Agent from time to time by the Seller Representative in writing.
Remittance Account shall have the meaning specified in Section 5(a).

Examples of Remittance Account in a sentence

  • Alfa Account, Alfa Savings Account and Alfa Remittance Account B.

  • Remittance Account will be opened under the saving/remunerative category.

  • Miscellaneous Charges GL Account xviii)Alfalah Asaan Remittance Account (Current and Savings)xix) Alfalah Asaan Account-Currentxx) Alfalah Asaan Account-SavingsNIL NIL NIL 520055.i) Basic BankingCash Withdrawala) Two withdrawals per month by chequeb) Above two withdrawals per month by cheque NILRs. 50/- per withdrawal6.

  • The Contractors will be required to submit the various documents in sealed Envelope to the office of SBI at the address mentioned hereinbefore by the stipulated date i.e. (1) Hard Copy of Technical Bid duly signed and stamped on each page (2) Account Name: SBI Subsidy Inward Remittance Account No.: 4897932113433 IFSC: SBIN0011343 Branch OAD, GITC, Belapur of specified amount of EMD.

  • If we are unable to set up a direct debit between the two Accounts, your application for opening a HiSAVE Remittance Account will be rejected.


More Definitions of Remittance Account

Remittance Account means an account established with a financial institution acceptable to Secured Party for the benefit of Secured Party and subject to the sole dominion and control of Secured Party.
Remittance Account. As defined in Section 2.2.
Remittance Account means the deposit account established and maintained by Seller at Bank into which Bank shall deposit any and all funds received by Bank from time to time which are attributable hereunder to Seller's Retained Percentage in any Participated Mortgage Loan and which are required to be paid by Bank to Seller hereunder.
Remittance Account. The account or accounts established by Xxxxxx Mac into which the Central Servicer will make deposits on each Remittance Date.
Remittance Account. A depository account owned and maintained by Agent.
Remittance Account has the meaning given it in Section 2.1.