Target Accounts Sample Clauses

The Target Accounts clause defines a specific list or category of customers, clients, or business entities that are the focus of a particular agreement or business arrangement. In practice, this clause may identify certain companies or sectors that a party is permitted or restricted to approach, sell to, or service under the contract. By clearly delineating which accounts are included or excluded, the clause helps prevent disputes over business opportunities and ensures both parties understand the scope of their rights and obligations regarding customer engagement.
Target Accounts. Each Seco Technical Specialist is assigned a de- fined list of target accounts to help focus our joint sales efforts. That list provides the basis for the Target Account Development process, which is an integral part of the Distributor Planning Process. Target accounts are identified and chosen based on potential, product fit and the ability to win new business. The Seco sales team and the Distributor share responsibility in representing Seco products and the services provided by Seco and the Distribu- tor. Goals, account potential, competition, key products, project plans and measurements are all to be collaborative effort with the focus being on an increase in market share for both the Distribu- tor and Seco. Support of the Target Account pro- gram is also a GoldStar Distributor requirement.
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Target Accounts. To aid in the determination of the Capital Accounts of the Partners, and the proper allocation of Net Profit and Net Loss, the Partnership shall compute a Target Account for each Partner from time to time as required by this Agreement to allocate Net Profits and Net Losses.
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Target Accounts. The tax allocation provisions of this Agreement are intended to produce, upon liquidation of the Company, final Capital Account balances that are at levels (“Target Accounts”) equal to the priority distributions that would occur if the liquidating proceeds were distributed pursuant to Section 3.1(a). To the extent that the tax allocation provisions of this Agreement would not produce the Target Accounts, the Members agree to take such actions, to the extent possible, as the Manager determines are necessary to amend such provisions to produce such Target Accounts. Notwithstanding the other provisions of this Agreement, allocations of Company gross income and deductions shall be made prospectively as necessary to produce such Target Accounts (and, to the extent such prospective allocations would not reach such result, the prior tax returns of the Company shall be amended, to the extent possible, to reallocate Company gross income and deductions to produce such Target Accounts).
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Target Accounts. To the best of the knowledge and belief of the Parent having held discussions with the Chief Financial Officer of the Target Group, the Target Accounts and Target Management Accounts were prepared in accordance with GAAP consistently applied and fairly presented the results of the operations of the Target Group for the periods to which they relate and the state of the affairs of the Target Group at the end of such period and, in particular, disclose or reserve against all liabilities (actual or contingent) of the Target Group to the extent required by GAAP and there are no material liabilities (whether actual, contingent, present or future) which are not disclosed or shown as being provided for in the relative Target Accounts and/or Target Management Accounts and which have not been disclosed or referred to in the Accountant's Report or, where they have arisen after the date of the Accountant's Report have not been disclosed in writing to the Lenders;
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Target Accounts. 62 19.14 Taxes .................................................................... 62 19.15
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Target Accounts. 48 Section 6.04. Overall Intention of Capital Account Provisions. 48 Section 6.05. Allocations of Net Profits and Net Losses. 48 Section 6.06. Special/Regulatory Allocations. 48 Section 6.07. Curative Allocations. 50 Section 6.08. Other Allocation Rules. 50 Section 6.09. Tax Allocations. 51 Section 6.10. Negative Capital Accounts. 52 Section 6.11. Tax Matters. 52 ARTICLE 7 Distributions 53 Section 7.01. Distributions to Partners. 53 Section 7.02. Distributions of Noncash Assets in Kind. 53 Section 7.03. Distributions for Payment of Tax. 53 Section 7.04. Distributions that Violate the Act Are Prohibited. 54
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Target Accounts. The tax allocation provisions of this Agreement are intended to produce, upon liquidation of the Company, final Capital Account balances that are at levels (as more particularly defined in Section 10.1(c), “Target Accounts”) equal to the priority distributions that would occur if the liquidating proceeds were distributed pursuant to Section 3.1(b). To the extent that the tax allocation provisions of this Agreement would not produce the Target Accounts, the Members agree to take such actions, to the extent possible, as they mutually determine to be necessary to amend such provisions to produce such Target Accounts. Notwithstanding the other provisions of this Agreement, but subject to the provisions of Sections 3.1(b) and 9.4(c), allocations of income, gain, loss, deductions and credits must be made so that Capital Accounts are maintained in accordance with the provisions of Treasury Regulations Section 1.704-l(b)(2)(iv) and, provided further, allocations of Company gross income and deductions shall be made prospectively as necessary to produce such Target Accounts.
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Related to Target Accounts

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"): (i) a Securities Account in the name of Customer on behalf of each Fund for Financial Assets, which may be received by Bank or its Subcustodian for the account of Customer, including as an Entitlement Holder; and (ii) an account in the name of Customer ("Cash Account") for any and all cash in any currency received by Bank or its Subcustodian for the account of Customer. Notwithstanding paragraph (ii), cash held in respect of those markets where Customer is required to have a cash account in its own name held directly with the relevant Subcustodian shall be held in that manner and shall not be part of the Cash Account. Bank shall notify Customer prior to the establishment of such an account. (b) At the request of Customer, additional Accounts may be opened in the future, which shall be subject to the terms of this Agreement. (c) Except as precluded by Section 8-501(d) of the Uniform Commercial Code ("UCC"), Bank shall hold all Securities and other Financial Assets, other than cash, of a Fund that are delivered to it in a "securities account" with Bank for and in the name of such Fund and shall treat all such assets other than cash as "financial assets" as those terms are used in the UCC.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto, except for, subject to the relevant Control Agreement, the account bank party to such Control Agreement; (a) Schedule 2 sets forth under the heading “Deposit Accounts” all of the Deposit Accounts in which such Grantor has an interest and, except as otherwise disclosed to the Administrative Agent, such Grantor is the sole account holder of each such Deposit Account and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having either sole dominion and control (within the meaning of common law) or “control” (within the meaning of Section 9-104 of the UCC) over, or any other interest in, any such Deposit Account or any money or other property deposited therein, except for, subject to the relevant Control Agreement, the account bank party to such Control Agreement; and (b) Except as otherwise permitted under Section 5.6 and Section 5.7, such Grantor has taken all actions necessary or desirable to: (i) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any Certificated Securities (as defined in Section 9-102 of the UCC); (ii) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any portion of the Investment Accounts constituting Securities Accounts, Commodity Accounts, Securities Entitlements or Uncertificated Securities (each as defined in Section 9-102 of the UCC); (iii) establish the Administrative Agent’s “control” (within the meaning of Section 9-104 of the UCC) over all Deposit Accounts other than Exempt Accounts; and (iv) deliver all Instruments (as defined in Section 9-102 of the UCC) to the Administrative Agent to the extent required hereunder, provided, that the Administrative Agent shall not send a notice of sole control or similar notice unless an Event of Default has occurred and is continuing.

  • Types of Cash Accounts Cash accounts opened on the books of the Custodian (Principal Accounts) shall be opened in the name of the Fund. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability provisions contained in Section 9. Cash accounts opened on the books of a Subcustodian may be opened in the name of the Fund or the Custodian or in the name of the Custodian for its customers generally (Agency Accounts). Such deposits shall be obligations of the Subcustodian and shall be treated as an Investment of the Fund. Accordingly, the Custodian shall be responsible for exercising reasonable care in the administration of such accounts but shall not be liable for their repayment in the event such Subcustodian, by reason of its bankruptcy, insolvency or otherwise, fails to make repayment.

  • Management Accounts To the extent that it owns any Management Account (including any lock-box related thereto), each Guarantor shall comply with Section 5.1 of the Base Indenture with respect to each such Management Account (including any lock-box related thereto).