The Account Sample Clauses

The Account clause defines the establishment and management of a specific account related to the agreement, typically used to hold or process funds, payments, or deposits. It outlines who is responsible for opening the account, how it will be operated, and under what conditions funds may be deposited, withdrawn, or transferred. This clause ensures that all parties have a clear understanding of how financial transactions will be handled, thereby reducing the risk of disputes and ensuring transparency in the management of monetary flows associated with the contract.
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The Account. 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card or any Supplementary Card, fees and other amounts for all of which the Cardmember shall be liable. The Cardmember irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account including Charges incurred on any Supplementary Card whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment. 2. Except for what is provided under Clauses 9 and 14 of this Agreement, the Cardmember acknowledges and agrees that all Charges debited at any time by AEME to his or her Card Account are true and accurate. The Cardmember also acknowledges that all records and data maintained by AEME on microfilm or in any printed or electronic form in connection with the Transactions, Charges, Card or Card Account are true, accurate and complete and may be used in any court of law as conclusive evidence which may not be disputed or challenged in any manner. 3. AEME may, at its ultimate discretion, refuse any request for authorization and may decline any Transaction including Cash Withdrawals regardless of the reason and without giving any notice to the Cardmember. Also, AEME may not be liable to provide or process authorization for any Transaction due to technical failures or any other reason of similar nature. In both circumstances and in any other similar situation, AEME is not liable whether directly or indirectly for any damages of any nature including monetary, liquidated, punitive or consequential damages which the Cardmember may sustain as a result of any unsuccessful, uncompleted or declined Transaction. 4. Xxxxxxxxxx promises to pay AEME for debits made on his Account for purchases and all other amounts owed to AEME under the Terms and Conditions of this Agreement. 5. If the Cardmember is on direct debit with a bank, the bank will also receive a monthly summary of Charges and will use the summary to directly debit the Cardmember account.
The Account a. Securities Intermediary hereby represents and warrants to Secured Party and Pledgor that (i) the Account has been established in the name of Pledgor, identifying Secured Party as pledgee of the Account and (ii) to the best of Securities Intermediary’s knowledge, except for the claims and interest of Secured Party and Pledgor in the Account (subject to any claim in favor of Securities Intermediary permitted under Section 6), Securities Intermediary does not know of any claim to or interest in the Account. All parties agree that the Account is a “securities account” within the meaning of Article 8 of the UCC and that all property, including cash, held by ANNEX 23B Securities Intermediary in the Account shall be treated as “financial assets” within the meaning of Article 8 of the UCC. The Securities Intermediary confirms and agrees that (x) it is a “securities intermediary” within the meaning of Article 8 of the UCC and (y) for purposes of Article 8 of the UCC, the State of New York is the Securities Intermediary’s jurisdiction. The Securities Intermediary makes no representation or warranty, and shall have no responsibility or liability, with respect to the effectiveness of this Agreement in granting or perfecting such security interest. b. Securities Intermediary shallmaintain appropriate records identifying the Collateral in the Account as pledged by Pledgor to Secured Party. c. All securities or other property underlying any financial assets credited to the Account shall be registered in the name of the Securities Intermediary, indorsed to the Securities Intermediary or credited to another securities account maintained in the name of the Securities Intermediary and in no case shall any financial asset credited to the Account be registered in the name of the Pledgor, payable to the order of the Pledgor or specially indorsed to the Pledgor .
The Account. 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card, fees and other amounts for all of which the Cardmember shall be liable. The Cardmember irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment. 2. Except for what is provided under Clauses 9 and 14 of this Agreement, the Cardmember acknowledges and agrees that all Charges debited at any time by AEME to his or her Card Account are true and accurate. The Cardmember also acknowledges that all records and data maintained by AEME on microfilm or in any printed or electronic form in connection with the Transactions, Charges, Card or Card Account are true, accurate and complete and may be used in any court of law as conclusive evidence which may not be disputed or challenged in any manner. 3. AEME may, at its ultimate discretion, refuse any request for authorization and may decline any Transaction including Cash Withdrawals regardless of the reason and without giving any notice to the Cardmember. Also, AEME may not be liable to provide or process authorization for any Transaction due to technical failures or any other reason of similar nature. In both circumstances and in any other similar situation, AEME is not liable whether directly or indirectly for any damages of any nature including monetary, liquidated, punitive or consequential damages which the Cardmember may sustain as a result of any unsuccessful, uncompleted or declined Transaction. 4. The Cardmember promises to pay AEME for debits made on the Cardmember’s Account for purchases and all other amounts owed to AEME under the Terms and Conditions of this Agreement. 5. If the Card Account is on direct debit with the Cardmember’s bank, the bank will receive a monthly summary of Charges and will use the summary to directly debit the Cardmember account. The Cardmember remains liable as in Clause 2(7) above.
The Account. The Account Holder represents and warrants to, and agrees with, the Pledgor and the Trustee and the Holders of the Notes that: (a) The Account Holder has established the Pledged Account and shall not change the name or account number of the Pledged Account without the prior written consent of the Trustee. (b) The Account Holder maintains the Pledged Account for the Trustee, and all property (including, without limitation, all funds and financial assets) held by the Account Holder for the account of the Trustee is, and will continue to be, credited to the Pledged Account. The Account Holder is a securities intermediary (as defined in Section 8-102(a)(xiv) of the UCC) and is acting in such capacity in relation to the Trustee, the Pledgor and the Pledged Account and with respect to all property credited thereto, from time to time. (c) The Pledged Account is a securities account. The Account Holder is the securities intermediary with respect to financial assets credited to the Pledged Account from time to time. The Trustee is the entitlement holder with respect to financial assets credited from time to time to the Pledged Account. (d) All financial assets in registered form or payable to or to the order of and credited to the Pledged Account shall be registered in the name of, payable to or to the order of, or endorsed to, the Account Holder and in no case during the term of the Pledge Agreement will any financial asset credited to the Pledged Account be registered in the name of, payable to or to the order of, or endorsed to, the Pledgor, except to the extent the foregoing have been subsequently endorsed by the Pledgor to the Account Holder or in blank. (e) Notwithstanding any other agreement to the contrary, the Account Holder's jurisdiction with respect to the Pledged Account for purposes of the UCC is, and will continue to be for so long as the Security Interest shall be in effect, the State of New York. (f) The Account Holder does not know of any claim to or interest in the Pledged Account or any property (including, without limitation, all funds and financial assets) credited to the Pledged Account, except for claims and interests of the parties referred to in this Agreement.
The Account. A. Availability. The Account is available to United States citizens or lawful permanent residents with a U.S. physical address or with military addresses (APO or FPO) who are at least 18 years old with a valid Social Security Number or Tax Identification Number. To open an Account, you must provide any information we may request from time to time. Each owner of an Account shall have a continuing obligation to provide any other documentation we may request from time to time, including any information required under our customer identification program to establish your identity.
The Account. The Securities Intermediary represents and warrants to, and agrees with, the Grantor and the Secured Party that: (a) The Securities Intermediary maintains the Account for the Grantor, and all property held by the Securities Intermediary for the account of the Grantor is, and will continue to be, credited to the Account. (b) The Account is a securities account. The Securities Intermediary is the securities intermediary with respect to the property credited from time to time to the Account. The Grantor is the entitlement holder with respect to the property credited from time to time to the Account. (c) The State of New York is, and will continue to be, the Securities Intermediary's jurisdiction of organization for purposes of Section 8-110(e) of the UCC so long as the Security Interest shall remain in effect. (d) Exhibit A attached hereto is a statement of the property credited to the Account on the date hereof. (e) The Securities Intermediary does not know of any claim to or interest in the Account or any property credited to the Account, except for claims and interests of the parties referred to in this Agreement.
The Account. 賬 戶 1.1 I/We confirm that the information provided in the Account Opening Information Form is complete and accurate. I/We will undertake to inform you of any material changes to that information. You are authorized to conduct credit enquiries on me/us to verify the information provided. 本人(等)確認「開戶資料」表格所載資料均屬完整及正確。倘該等資料有任何重要變更,本人(等)將會通知貴公司。本人(等)特此授權貴公司對本人(等)的財政信用進行查詢,以核實上述表格所載資料。 1.2 You will keep information relating to my/our Account confidential, but may provide any such information to The Stock Exchange of Hong Kong Limited ("Exchange"), Hong Kong Securities Clearing Company Limited ("the Clearing House") and Securities and Futures Commission ("SFC") to comply with their requirements or requests for information. 貴公司將會對本人(等)賬戶的有關資料予以保密,但貴公司可以根據香港聯合交易所有限公司("聯交所"),香港中央結算有限公司("中央結算")及證券及期貨事務監察委員會("證監會")的規定或應其要求,將該等資料提供予聯交所,中央結算及證監會。
The Account. The Account is a cash and/or margin brokerage securities account that may be used to purchase or sell securities and/or other property. All orders authorized by you for the purchase or sale of securities and/or other property, which may be listed on more than one exchange or market, may be executed on any exchange or market selected by us, unless otherwise specifically directed by you. If we provide recommendations, you recognize that these recommendations are merely opinions because such suggestions deal with future developments that cannot be predicted with certainty. We are under no obligation to keep you informed about developments in the market concerning securities and/or other property, and you will be responsible for remaining informed as to those securities and/or other property. Purchases of Securities: To process orders to purchase securities and/or other property, we require that your Account contain available funds equal to or greater than the purchase price of the securities and/or other property prior to the placement of an order. We may, in our full discretion, accept an order without sufficient funds in your Account with the understanding that payment will be submitted promptly. Any order inadvertently accepted and/or executed without sufficient funds in the Account will be subject, at our discretion, to cancellation or liquidation. If full funds are not available in the Account and an order is processed, your payment via wire or personal check, cashier’s check or money order must be promptly submitted to us to assure that such payment will be received by settlement date or, as market conditions warrant, your Account may be liquidated without prior notice to you. Sales of Securities: You agree that you will not enter sell orders (except orders to sell “short” which are so designated by you and discussed below) unless the security which you are selling is long and in good deliverable form in your Account on or before placement of the order. Any sell order which is inadvertently accepted by us in the absence of securities long and in good deliverable form in your Account will be subject, at our discretion, to cancellation or buy-in. Short Sales: When placing with us any order to sell short, you agree to designate it as such and authorize us to xxxx such order as “short.” You understand that execution of such a “short sale” is contingent on our affirmative determination that we have made arrangements to borrow the necessary stock or we have o...
The Account. The Securities Intermediary represents and warrants to, and agrees with, the Secured Party that: (a) The Securities Intermediary maintains the Account for the Grantor, and all property held by the Securities Intermediary for the account of the Grantor is, and shall continue to be, credited to the Account. (b) The Account is a securities account. The Securities Intermediary is the securities intermediary with respect to the property credited from time to time to the Account. The Grantor is the entitlement holder with respect to the property credited from time to time to the Account. (c) The Securities Intermediary’s jurisdiction with respect to the Account is, and shall continue to be for so long as the Security Interests shall be in effect, the State of New York. (d) Exhibit A attached hereto is a statement of the property credited to the Account on the date hereof. (e) The Securities Intermediary does not know of any claim to or interest in the Account or any property credited to the Account, except for claims and interests of the parties referred to in this Agreement.
The Account. (a) The Trustee shall establish an account (the "Account") into which the Trustee and the Collateral Agent shall deposit all payments, receipts and other consideration of any kind whatsoever paid under the Lease and received by the Trustee, in its capacity as Collateral Agent, pursuant to the Assignment of Lease. (b) Payments deposited from time to time in the Account shall be paid out as follows: (1) Any such payment identified by the Lessee as Basic Rent shall be paid out of the Account by the Trustee on the relevant Payment Date, and shall be applied, first, ratably to the payment of interest and principal then due and payable on the Securities until such amounts are paid in full, second, to the payment to the Issuer, for distribution to the Certificate Holders as provided for in the Trust Agreement, of an amount equal to the Certificate Holder Yield then due and payable under the Operative Agreements until such amount is paid in full, and, third, the remainder of such amount shall be paid out of the Account by the Trustee to such Person or Persons as the Issuer may designate. (2) Any payment identified by the Lessee as a payment in respect of the Termination Value of any Equipment pursuant to Section 16 of the Lease or of the Termination Value of any piece of Equipment pursuant to Section 20 of the Lease shall be paid out of the Account by the Trustee promptly after receipt, and shall be applied, first, ratably to the payment of the principal of the Securities that are redeemed in an amount equal to the product of (x) Termination Value in respect of such piece or pieces of Equipment and (y) the Debt Percentage, together with any applicable premium and all accrued and unpaid interest due and payable on such Securities in the form of Supplemental Rent under the Lease, and second, to the payment to the Issuer, for distribution to the Certificate Holders as provided for in the Trust Agreement, of an amount equal to the product of (x) the Termination Value in respect of such piece or pieces of Equipment and (y) the Contribution Percentage, together with any applicable premium and all Certificate Holder Yield due and payable with such amount in the form of Supplemental Rent under the Lease. (3) Any payment identified by the Lessee as proceeds of the sale of any Equipment pursuant to Section 21 of the Lease (but in any event excluding costs and expenses described in Section 21.2(i) of the Lease) ("Net Sale Proceeds") shall be paid out of the Account by the Tr...
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