Account Clause Samples

The "Account" clause defines the obligations and procedures related to the creation, maintenance, and use of an account within the context of an agreement. Typically, it specifies who is responsible for setting up the account, outlines the permitted uses, and may address issues such as access credentials, security measures, and account termination. For example, it might require a user to keep their login information confidential or to notify the provider of unauthorized access. The core function of this clause is to establish clear rules and responsibilities regarding account management, thereby reducing the risk of misuse and ensuring both parties understand their roles.
POPULAR SAMPLE Copied 11 times
Account. The word "Account" means a trade account, account receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).
Account. (a) The Subscriber shall make an account that has an effective e-mail address to use the SORACOM Air Global Service (the “SORACOM Account”). The Subscriber may make only one SORACOM account per e-mail address, unless otherwise expressly provided in the General Terms. (b) SORACOM will provide the Subscriber with a Log-in ID (the “Log-in ID”) and a Log-in password (the “Log-in Password”) to log into the system to use the SORACOM Account provided by ▇▇▇▇▇▇▇. (c) The Subscriber shall manage and protect the Log-in ID and Log-in Password at the Subscriber’s own responsibility, and shall not lend, transfer, or license the Log-in ID and Log-in Password to any third party and shall not use the Log-in ID and Log-in Password for the profit of any third party. The Subscriber shall notify SORACOM immediately in the following cases: (i) The Subscriber discovers or learns of unauthorized use of the SORACOM Account by a third party or the risk of such unauthorized use; or (ii) The Subscriber loses information regarding the SORACOM Account (including but not limited to the Log-in ID or Log-in Password), or such information is stolen by any third party. (d) The Subscriber is responsible for any event arising from the use of the Subscriber’s own SORACOM Account, whether unauthorized use or misuse by the Subscriber, Subscriber’s officer, Subscriber’s employee, or third party, and SORACOM shall not bear any responsibility in relation to such matters. If SORACOM suffers any damage arising from such use of the SORACOM Account, the Subscriber shall compensate SORACOM for such damage.
Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt of any such statement which Borrower deems to be incorrect.
Account. The Company shall credit to a bookkeeping account (the “Account”) maintained by the Company for the Participant’s benefit the Restricted Stock Units. On each date that cash dividends are paid on the Shares, the Company will credit the Account with a number of additional Restricted Stock Units equal to the result of dividing (i) the product of the total number of Restricted Stock Units credited to the Account on the record date for such dividend and the per Share amount of such dividend by (ii) the Fair Market Value of one Share on the date such dividend is paid by the Company to stockholders. The additional Restricted Stock Units shall be or become vested to the same extent as the Restricted Stock Units that resulted in the crediting of such additional Restricted Stock Units, and Shares shall not be issued in settlement until the underlying Restricted Stock Units vest.
Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor (or to a third party grantor acceptable to Lender).
Account. The account with respect to which Subadviser shall perform its services shall consist of those assets of the Vantagepoint International Fund (the "Fund") which Client determines to assign to an account with Subadviser, together with all income earned by those assets and all realized and unrealized capital appreciation related to those assets (hereafter "Account"). From time to time, Client may, upon notice to Subadviser, make additions to the Account and may, upon notice to Subadviser, make withdrawals from the Account. To the extent that such withdrawals shall reduce the assets of the Account to zero, Subadviser shall not be entitled to any fees as set forth hereunder for the period of time for which no assets are held in the Account, notwithstanding any termination provisions set forth in this Agreement.
Account. The account with respect to which Subadviser shall perform its services shall consist of those assets of the Vantagepoint Growth Fund (the “Fund”), a separate Series of The Vantagepoint Funds, which Client determines to assign to an account with Subadviser, together with all income earned by those assets and all realized and unrealized capital appreciation related to those assets (hereafter “Account”). From time to time, Client may, upon notice to Subadviser, make additions to the Account and may, upon notice to Subadviser, make withdrawals from the Account. To the extent that such withdrawals shall reduce the assets of the Account to zero, Subadviser shall not be entitled to any fees as set forth hereunder for the period of time for which no assets are held in the Account, notwithstanding any termination provisions set forth in this Agreement.
Account. Account" means any right to payment for goods sold or leased or services rendered, whether or not evidenced by an instrument or chattel paper, and whether or not earned by performance.
Account. User may be required to download an app, or visit a website, through which User accesses the SaaS and sets up accounts including issuance or authentication credentials. In operating User’s account, User and Authorized End User must: (i) maintain strict confidentiality over all names, passwords, or other credentials; (ii) assign accounts to unique individuals and not allow others to use User’s credentials or access User’s account, including sharing among multiple Authorized End Users; (iii) immediately notify Honeywell of any unauthorized use or breach of security or security incident related to User’s account; (iv) submit only complete and accurate information; (v) maintain and promptly update information if it changes; and (vi) manage Authorized User’s access. Honeywell may use rights management features (to prevent unauthorized use).