Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other proper...
Unless there is a legal requirement directing the recipient of the payments to keep the prepaid funds in an escrow account, that firm or individual could file for bankruptcy and not be in a position to deliver the goods or services for which the purchaser had prepaid. In this situation, the...
WITHDRAW: The payload of this type of packet consists of a structure with a single field telling the amount of funds to be withdrawn from the trader's account. If the trader's account balance is at least as great as the amount of funds to be withdrawn, the server debits the balance and...
Why did I receive a check from an overage in my escrow account and then my monthly payment increased?Your annual escrow disbursements are projected by using your previous year’s actual escrow disbursements. Your estimated disbursements are deducted from your projected escrow balance. If your project...
any debit in such accounts and shall transfer available balance to the escrow managing bank periodically. Those other lenders can not even utilize the balance available with them as margin money for non-fund based credit facility. Non-lender banks can not open any current account for such entity...
In all cases, the endowment will have to be held in cash or liquid debt securities of high qual- ity in an escrow account with a credit institution unaffiliated with the TCB, or with the central bank of the respective host Member State.70 In addition to liquid- ity requirements determined...
c. an earnest money deposit, held in an escrow account. d. legally competent parties. In 1960, federal regulations prohibited banks from paying interest on checking accounts. Today, banks are legally allowed to pay interest on checking accounts, y...
the “Ancillary Agreements” refers to the Escrow Agreement, the Bill of Sale, the Assignment and Assumption Agreement, and the IP Assignment each by and between the Company and Buyer. Information about the Parties (see page 24) The Company Incorporated in 1989, we are a leading provide...
Operating loss (62,598) (68,633) (164,302) (210,397) Other income (expense) Interest expense (24,459) (45,446) (72,904) (77,586) Reorganization items (24) (30,599) (1,905) (56,108) Interest income 1,510 1,019 5,147 2,720 Equity earnings in unconsolidated subsidiaries...
Common Stock, $0.01 par value per share PRPO The Nasdaq Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No X Indicate by ...