Subject Account definition

Subject Account an Account created by the sale of the goods or services which are the subject of an Eligible Purchase Order to the issuer of the Eligible Purchase Order.
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Subject Account means the account specified in Schedule IV and maintained at the Subject Account Bank in the name of Hill-Rom.
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Subject Account means the account designated as the “Subject Account” on Schedule I hereto.
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Examples of Subject Account in a sentence

  • No Lender shall set off against any Subject Account or a Dominion Account without Agent’s prior consent.

  • If a Subject Account is not maintained with Bank of America, Agent may at any time during a Cash Dominion Period require transfer of all funds in such account to a Dominion Account maintained with Bank of America.

  • Any proceeds of insurance deriving from a casualty to Collateral shall be deposited into a Subject Account.

  • During each Cash Dominion Period, the ledger balance in each Subject Account shall be (and Agent may cause such Subject Accounts to be) swept to the main Dominion Account as of the end of each Business Day, and the main Dominion Account as of the end of a Business Day shall be applied to the Obligations at the beginning of the next Business Day.

  • Subject to Section 10.1.9, each Borrower shall take all actions necessary to establish Agent’s control of each such Subject Account and Dominion Account (other than an account exclusively used for payroll, payroll taxes or employee benefits, or accounts containing in the aggregate for all such accounts not more than $10,000,000 at any time or otherwise specifically approved by Agent in writing).

  • Subject to Section 10.1.9, Borrowers shall obtain a Control Agreement (in form and substance satisfactory to Agent) from each Subject Account bank and Dominion Account bank, establishing Agent’s control over and Lien in the Subject Account or Dominion Account, and allowing Agent during a Cash Dominion Period to require immediate deposit of all remittances received in each Subject Account to a Dominion Account, and waiving offset rights of such servicer or bank, except for customary administrative charges.

  • From: wowaccountadmin@blizzard.com Sent: 25/8/2007 6:53:03 PM Subject: Account almost lost Greetings, Thank you for contacting us about an account issue for the World of Warcraft account you are using.

  • Each Borrower shall promptly notify Agent of any opening or closing of a Subject Account and, with the consent of Agent, will amend Schedule 8.5 to reflect same.

  • The Plural Subject Account of Shared Intention As I shall explain, the account I have been developing respects the disjunction, concurrence and obligation criteria.

  • On June 5, 2013, the IRS assessed against the Defendant an FBAR penalty in the amount of $1,221,806 (“Assessment”) for her alleged willful failure to disclose and report her interest in the Subject Account for the 2006 tax year.


More Definitions of Subject Account

Subject Account has the meaning specified therefor in Schedule 5.16 to the Agreement.
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Subject Account is defined in Section 7.13.
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Subject Account means that certain deposit account maintained by the Seller, with Bank of America, N.A., identified by an account number ending with “x4780.”
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Subject Account means any BBVA account held by Avalant and Sariel and to which Montana is a signatory.
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Subject Account each Deposit Account of any Obligor that is maintained in the United States of America or Canada as a collection account into which any proceeds of Collateral are deposited.
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Related to Subject Account

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

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

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

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

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

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

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • 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.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • 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.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • 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.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • Note Account As defined in the Indenture.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

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

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

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

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • 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.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.