Subsidy Account definition

Subsidy Account. If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.
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Subsidy Account. An account maintained by the Company specifically to hold all Subsidy Funds to be applied to individual Subsidy Loans.
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Subsidy Account means the account referred to in Section I.C.1 of the Annex to Schedule 2 to this Agreement.
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Examples of Subsidy Account in a sentence

  • M - 8University of the District of Columbia Subsidy Account (GG0) ......

  • The University of the District of Columbia (UDC) Subsidy Account reflects the total local funds that UDC receives from the District of Columbia.

  • M - 8University of the District of Columbia Subsidy Account (GG0).......

  • Contribution to Interest Subsidy Account of Enhanced Structural Adjustment Facility of International Monetary Fund.286e–13.

  • Subject to paragraph (2), the United States Governor of the Fund may contribute$150,000,000 to the Interest Subsidy Account of the Enhanced Structural Adjustment Facility of the Fund on behalf of the United States.

  • The estimated cost of administering the PRGT shall be transferred after the end of each such financial year from the PRGT Reserve Account (through the Special Disbursement Account) to the General Subsidy Account of the PRGT.Burden Sharing for Deferred ChargesIncome losses resulting from unpaid charges are shared equally between debtor and creditor members under the burden sharing mechanism largely pursuant to a decision taken in 2000.

  • Resources of the Supplementary Financing Facility Subsidy Account in excess of the remaining subsidy payments are to be transferred to the Special Disbursement Account.

  • The Washington Convention and Sports Authority (Events DC) Subsidy Account reflects the transfer of certain sales tax revenues from the District’s General Fund to Events DC for the Walter E.

  • The Account Holder, for whom the Bank maintains a Current Account, may open a Subsidy Account in PLN or EUR at the Bank upon conclusion and under the Account Agreement on Subsidy Account.2. The Account Holder shall use the Subsidy Account solely for the purpose for which it has been opened.3. The Account Holder may place Instructions pertaining to the Subsidy Account exclusively via the BiznesPl@net System, MultiCash System or through the MT101 message4.

  • The Subsidy Account also reflects payments from the Convention Center Hotel’s ground lease payments.


More Definitions of Subsidy Account

Subsidy Account means the account established under Rule 3.6.2 of this Deed.
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Related to Subsidy Account

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Direct Account : means any Account which is not an ISA Account.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Investment Account As defined in Section 3.12(a).

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Intercompany Account means any receivable, payable or loan between any member of the Ensign Group, on the one hand, and any member of the Pennant Group, on the other hand, that exists prior to the Effective Time and is reflected in the records of the relevant members of the Ensign Group and the Pennant Group, except for any such receivable, payable or loan that arises pursuant to this Agreement or any Ancillary Agreement.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Separate Accounts means the accounts which are to be prepared for each

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Company Account means the bank or/and electronic Account of the Company, and the Company Account in the Processing Center.