Account Assignment definition
Examples of Account Assignment in a sentence
Account Assignment We may sell, assign or transfer all or any part of your Agreement and Account without prior notice to you.
By execution of each Initial Asset Pool One Account Assignment, the Issuing Entity included the Receivables existing on the applicable Cut-Off Date or thereafter created in the Accounts designated thereby, all Interchange and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto and the “proceeds” (including “proceeds” as defined in the applicable UCC) thereof and Insurance Proceeds relating thereto.
Contractor shall be designated such further and other customer accounts in accordance with the BROKER’s Account Assignment Policy, each of which shall be deemed a Contractor’s Customer Account.
No Insolvency Event with respect to the Transferor has occurred, and the Transferor entered into this Agreement and, in the case of Additional Accounts, the related Account Assignment, in the ordinary course of business, not in contemplation of insolvency.
If the ESCO and/or the utility can not successfully complete more than 75% of the Account Assignment test cycles within three iterations of test data submission, the ESCO and/or the utility will have the option to request that testing be ceased in order to allow sufficient time for parties to make required system changes in order to resume productive testing activities.