The Funding Account. Except as otherwise specifically provided in, or permitted by, this Agreement, all checks shall be drawn by the Borrower upon, and other disbursements made by the Borrower solely from, the Funding Account.
The Funding Account. All checks shall be drawn by the Borrowers upon, and other disbursements made by the Borrowers solely from, the Funding Account.
The Funding Account. A. The Employer (or HPI as directed by and for the benefit of the Employer) shall open and maintain a separate bank account in the Employer’s name (hereinafter referred to as the "Funding Account") to be used solely for the payments of amounts due under the Plan and this Agreement. To the fullest extent permitted by law, funds in the Account shall constitute assets of the Employer and not of the Plan. HPI will notify the Employer on an agreed upon schedule as to amounts required in the Funding Account to fund payments. Charges to be included in calculating the Funding Notice amount shall include, but will not be limited to:
The Funding Account. All checks shall be drawn by any Borrowers upon and any other disbursements made by any Borrower shall be solely from the Funding Account or any of the disbursement accounts identified on EXHIBIT 7-6 hereto, which accounts shall be funded solely from the Funding Account.
The Funding Account. All checks shall be drawn by the Borrower upon, and other disbursements made by the Borrower solely from, the Funding Account or the payroll account, accounts payable account or customer refund account funded from the Funding Account; provided that any amounts remaining in the payroll account, accounts payable account and customer refund account at the end of a day shall be returned to the Funding Account.
The Funding Account. Any funds in the Funding Account not transmitted to the Borrower as a Loan pursuant to a Notice of Borrowing shall be retained by the Agent in the Funding Account and shall be invested solely in a money market or similar account of the bank at which the Funding Account is maintained. The Agent shall, promptly after receipt, distribute to each Lender its Proportionate Share of interest on funds in the Funding Account. (g)
The Funding Account. Established by the Borrower with Barnett Bank of Florida, N.A.
The Funding Account. Neither the Issuer, nor the Eligible Lender Trustee on behalf of the Issuer, shall acquire any Student Loans with proceeds from amounts on deposit in the Funding Account which, as of the date of acquisition of such Student Loans would in the aggregate differ materially in terms of loan type, interest rate and the delinquency rate from the Initial Financed Student Loans.