Maintaining Accounts Clause Samples

Maintaining Accounts open, maintain and close bank accounts and custodial and sub-custodial accounts for the Company, draw checks or other orders for the payment of money and transfer of any assets of the Company to any custodian or sub-custodian employed by it;
Maintaining Accounts. The Committee shall maintain and provide to the Trustee a separate record of the Accounts for each Participant and a separate record of the Accounts attributable to participation by Employees of each Participating Employer. Each Participant shall select the Investment Funds into which deposits and Employer Contributions shall be deemed invested for purposes of allocating earnings to said Accounts; provided, however, neither the Company nor the Trustee shall be obligated to actually purchase any Investment Fund designated by a Participant for such purpose. The Trustee shall, however, purchase and hold shares in any Investment Fund as the Committee may direct. To the extent the Investment Fund designated by a Participant, whether at participation or upon reallocation of Accounts among available Investment Funds, cannot be purchased by the Trustee (e.g. shares of the Company's common stock) the Trustee shall return to the Company and Participating Employers cash in an amount equal to the fair market value of such investment designation.
Maintaining Accounts. Customer agrees to properly maintain its Accounts to comply with the rules governing its Accounts, and to pay any fees associated with the use or maintenance of those Accounts. Any issue relating to an Account or service with ▇▇▇▇▇▇ or any ▇▇▇▇▇▇ affiliate that is accessed through Business Online Banking shall be governed by the law(s) specified in the Agreement for that Account or service. Customer’s ▇▇▇▇▇▇ deposit and loan accounts that are linked can be viewed and accessed in Business Online Banking. Accounts will continue to be governed by the terms and conditions of Account Agreements and Customer’s loan agreements except where noted in this Agreement. This Agreement will control if there is a conflict with Customer’s other agreements. In addition, each Account and Business Online Banking Service is subject to the following: • Terms or instructions appearing on a screen when using Business Online Banking Services; • ▇▇▇▇▇▇’▇ rules, procedures and policies applicable to Customer’s Accounts; and • Applicable state and federal laws and regulations.
Maintaining Accounts. You agree to properly maintain any accounts you have with the Institution and to comply with the Terms and Conditions governing these accounts.

Related to Maintaining Accounts

  • Operating Account To the extent funds are not required to be placed in a lockbox pursuant to any Loan Documents, Property Manager shall deposit all rents and other funds collected from the operation of the Property in a reputable bank or financial institution in a special trust or depository account or accounts for the Property maintained by Property Manager for the benefit of the Company (such accounts, together with any interest earned thereon, shall collectively be referred to herein as the “Operating Account”). Property Manager shall maintain books and records of the funds deposited in and withdrawals from the Operating Account. With funds from Company, Property Manager shall maintain the Operating Account so that an amount at least as great as the budgeted expenses for such month is in the Operating Account as of the first of each month. From the Operating Account, Property Manager shall pay the operating expenses of the Property and any other payments relative to the Property as required by this Agreement. If more than one account is necessary to operate the Property, each account shall have a unique name, except to the extent any Lender requires sub-accounts within any account. Within three (3) months after receipt by Property Manager, all rents and other funds collected in the Operating Account, after payment of all operating expenses, debt service and such amounts as may be determined by the Property Manager to be retained for reserves or improvements, shall be paid to the Company.

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.