REIMBURSEMENT ACCOUNT. 21.1 Section 125 of the Internal Revenue Code permits employees to use pre-tax dollars to pay for their portion of the cost of benefits under the Plan through salary redirection arrangements. The options available under the flexible benefits program are listed below. This is a brief overview of the different options. For complete information regarding Flexible Spending Accounts, employees must refer to the plan booklet available in the Human Resources Department.
REIMBURSEMENT ACCOUNT. 1. The Fire Association and the City agree to participate in the reimbursement portion of the Section 125 plan. The members of this Unit may elect, by payroll deduction, pre-tax salary to be set aside in the Medical Reimbursement Account and/or the Dependent Care Reimbursement Account. Pre-Tax health insurance premium payments will be established by negative declaration effective January 1, 1993.
REIMBURSEMENT ACCOUNT. At any time after any Commercial Paper matures and a disbursement is to be made under the Letter of Credit in connection therewith, prior to any subsequent issuances of Commercial Paper, the Company shall deposit in the Reimbursement Account (as defined in the Issuing and Paying Agency and Depositary Agreement) an amount, to be applied to the reimbursement of such disbursement or any related Loan, equal to the amount by which the Face Amount of such Commercial Paper exceeds the proceeds of such Commercial Paper to be deposited in the Reimbursement Account.
REIMBURSEMENT ACCOUNT. The Assistant Superintendent shall be reimbursed up to $400 per year for the term of the contract to be applied to: any uncovered medical service(s) provided by a health care practitioner. Reimbursement requires submission of proof of payment of the services or costs to the Business Office. This benefit is an annual amount and is not cumulative.
REIMBURSEMENT ACCOUNT. The Town shall deposit the Construction Sales Tax Revenues into the Reimbursement Account as they are received from the Arizona Department of Revenue, beginning with the first such revenues generated from the Development and ending upon the expiration of this Agreement. Funds in the Reimbursement Account shall be reimbursed to the Owner pursuant to paragraph 11 below.
REIMBURSEMENT ACCOUNT. The Bank shall establish and maintain a special purpose trust account for the benefit of the Credit Facility Provider, which account shall be designated "The Massachusetts Water Resources Authority--Reimbursement Account" (the "Reimbursement Account"). The Authority shall have no legal, equitable or beneficial interest in the Reimbursement Account or the moneys on deposit therein, except to the extent that the proceeds of sales of Commercial Paper Notes are required to be transmitted to U.S. Bank, National Association, as trustee (the “Trustee”) under the Authority’s Amended and Restated General Revenue Bond Resolution effective April 23, 2015, for the account of the Authority as provided in the following paragraph. The Bank shall deposit in the Reimbursement Account all proceeds received from the sale of Commercial Paper Notes and all funds which the Authority or the Trustee on behalf of the Authority pays, or causes to .be paid, to the Bank for deposit in the Reimbursement Account. On each day that any Commercial Paper Note is sold, the Bank shall promptly transfer from the Reimbursement Account to the Credit Facility Provider no later than 3:00 p.m., pursuant to instructions delivered by the Credit Facility Provider to the Bank, with a copy to the Authority, an amount of the proceeds for such sale which, together with any amounts paid by the Authority or the Trustee on behalf of the Authority for such purpose, shall be sufficient to pay any Unpaid Drawing (as defined in the Reimbursement Agreement) relating to Commercial Paper Notes maturing on such day. All other proceeds of the sales of said Commercial Paper Notes shall be transferred on the date of sale by wire transfer of immediately available funds to the Trustee for the account of the Authority pursuant to instructions from the Authority delivered to the Bank. All moneys in the Reimbursement Account shall be held by the Bank uninvested.
REIMBURSEMENT ACCOUNT. Beginning with the first Construction Sales Tax Revenues gener- ated from the Marana TI Improvements, the Adonis Improvements, and the development of the Subject Property; subject to the limitations of paragraph 10 below; and ending upon the expiration of this Agreement; the Town shall deposit into the Reimbursement Account all of the following:
REIMBURSEMENT ACCOUNT. (i) Within three (3) days of the Tranche 1 Closing Date, the Company shall deposit $2,000,000 from the Tranche 1 Closing Payment into an account (the “Expense Reimbursement Account”) at a bank to be mutually agreed upon by the Company and Purchaser. Purchaser and the Company shall jointly hold such account pursuant to an expense reimbursement agreement (the “Expense Reimbursement Agreement”), substantially in accordance with the terms and conditions attached hereto as Exhibit D, to be entered into at the Tranche 1 Closing between Purchaser and the Company. Under the Expense Reimbursement Agreement, funds will be released to Purchaser, the Company or third parties to reimburse such parties for reasonable expenses incurred in connection with the procurement of the Loan under Section 6.4(a) and other mutually agreed upon joint opportunity evaluations and transactions (such expenses, collectively, the “Loan Procurement Expenses”).
REIMBURSEMENT ACCOUNT. On the Closing Date, the Company shall deposit $3,000,000 into an account at a bank to be mutually agreed upon by the Company and Purchaser. Purchaser and the Company shall jointly hold such account pursuant to an expense reimbursement agreement (the “Expense Reimbursement Agreement”), substantially in accordance with the terms and conditions attached hereto as Exhibit D, to be entered into at Closing between Purchaser and the Company. Under the Expense Reimbursement Agreement, funds will be released to Purchaser, the Company or third parties to reimburse such parties for reasonable expenses incurred in connection with the procurement of the Loan under Section 6.4(a) (such expenses, collectively, the “Loan Procurement Expenses”).
REIMBURSEMENT ACCOUNT. The Trustee will establish and maintain the Reimbursement Account as a segregated trust account that is an Eligible Account entitled "[name of Trustee], as trustee under the Series 1998-C Pooling and Servicing Agreement dated September 1, 1998, between Aames Capital Corporation and Bankers Trust Company, as amended, Reimbursement Account." All amounts held in the Reimbursement Account shall be invested by the depository institution or trust company then maintaining the account at the written direction of the Servicer in Permitted Investments that mature not later than the Distribution Date next succeeding the date of investment. All net income and gain realized from any such investment shall be considered Additional Funds. Any losses realized in connection with any such investment shall be for the account of the Servicer and the Servicer shall deposit or cause to be deposited the amount of such loss (to the extent not offset by income from other investments) in the Reimbursement Account immediately upon the realization of such loss.
