Reserve Account

Example Definitions of "Reserve Account"
Reserve Account. A bookkeeping account on the books of the Purchaser representing an unpaid portion of the Purchase Price, maintained by Purchaser to ensure Seller's performance with the provisions hereof.
Found in Eco-Stim Energy Solutions, Inc. contract
Reserve Account. A Means a bookkeeping account on the books of the Purchaser representing an the unpaid portion of the Purchase Price, maintained by Purchaser to ensure Seller's performance with of the provisions hereof.
Found in Healthier Choices Management Corp. contract
View Variation
Reserve Account. An account representing an unpaid portion of the Purchased Price, maintained by Purchaser to secure Seller's Obligations in the event that Seller's performance of the provisions hereof are not satisfied.
Found in XPLORE TECHNOLOGIES CORP contract
Reserve Account. The account designated as such, established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.
Found in Capital One Auto Receivables LLC contract
Reserve Account. An account or accounts on the books of Purchaser reflecting transactions hereunder.
Found in LIGHTPATH TECHNOLOGIES INC contract
Reserve Account. A bookkeeping account on the books of Amerisource where the Face Amount of all Purchased Accounts is initially credited, a portion of which is maintained by Amerisource to ensure Client's performance with the provisions hereof.
Found in SMG Industries Inc. contract
All Definitions