Certificate Payment Account definition

Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).
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Certificate Payment Account shall have the meaning specified in Section 5.1.
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Certificate Payment Account means the trust account established and maintained as such pursuant to Section 4.1(c) of the Sale and Servicing Agreement.
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Examples of Certificate Payment Account in a sentence

  • Within the Certificate Payment Account, the Trustee shall establish the “Principal Subaccount,” and the “Interest Subaccount.” Interest Subaccount.

  • The Trustee shall withdraw moneys from the Lease Payment Account on each Payment Date in amounts which equal the Lease Payment due by the District on the Due Date preceding such Payment Date and shall cause all sums withdrawn from the Lease Payment Account to be deposited in the Certificate Payment Account.

  • Any Paying Agent shall have the revocable power to withdraw funds from the Certificate Payment Account for the purpose of making the distributions referred to above.

  • The Paying Agent shall make distributions to Certificateholders from the Certificate Payment Account pursuant to Section 5.2 and shall report the amounts of such distributions to the Owner Trustee.

  • Three Strategic Priorities encompass multiple Strategic Initiatives which define the primary activities to achieve our vision.

  • In December 2019 the HRNK reported that the government maintained complete visibility of all network traffic.

  • Pursuant to the Trust Agreement, the Trustee shall withdraw moneys from the Lease Payment Fund on each Payment Date in amounts which equal the Lease Payment due on such Payment Date and shall cause all sums withdrawn from the Lease Payment Fund to be deposited in the Certificate Payment Account, and shall cause the same to be applied to the payment of principal and interest evidenced by the Certificates due on such Payment Date.

  • The Applicant has engaged AusNet Servies to undertake all necessary augmentation and interface works to facilitate connection of the BESS to the Cranbroune Terminal Station, and to maintain those works for ongoing connection of the BESS.

  • If on any Payment Date the amount of funds on hand in the Certificate Payment Account is insufficient to pay the full amount of principal and interest then due and payable evidenced by the Certificates, the Trustee shall apply such funds first to the payment of interest past due, pro rata if necessary, and second to the payment of principal past due, pro rata, if necessary.

  • The time allotted to each person or group shall be adjusted based on the number of speakers to be fitted into the maximum time allocated to Question Period.


More Definitions of Certificate Payment Account

Certificate Payment Account has the meaning specified in the Sale and Servicing Agreement.
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Certificate Payment Account has the meaning specified in Section 4.01(b).
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Certificate Payment Account. The account or accounts created and maintained by the Certificate Paying Agent pursuant to Section 3.10(c) of the Trust Agreement. The Certificate Paying Agent will make all payments on the Certificate from money on deposit in the Certificate Payment Account. The Certificate Payment Account shall be an Eligible Account.
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Certificate Payment Account means the account of that name established under, and held by the Trustee pursuant to the Trust Agreement.
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Certificate Payment Account means the account established by the Trustee within the Trust Fund pursuant to Section 3.7 hereof. Certificate Purchase Agreement means the Certificate Purchase Agreement dated September 30, 1999 by and between the Company and first Union Capital Markets Corp.
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Related to Certificate Payment Account

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Certificate Paying Agent means any paying agent or co-paying agent appointed pursuant to Section 3.10 and shall initially be Wilmington Trust Company.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Companion Distribution Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Certificate Distribution Amount means, as of any Payment Date, the amount being distributed to the Trust Certificateholders on such Payment Date.