Credit Facility Proceeds Account definition

Credit Facility Proceeds Account means the account of that name established in the Purchase Fund pursuant to Section 5.03.
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Credit Facility Proceeds Account means the account so named in the Bond Purchase Fund.
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Examples of Credit Facility Proceeds Account in a sentence

  • The acceleration of the demographic transition, in particular the decline of fertility, is a necessary but not sufficient condition that will predicate the development prospects of the country for the several decades to come.

  • If at 3:30 p.m., New York City time, on any date of purchase of 2010 Bonds any balance remains in the applicable Credit Facility Proceeds Account of the Purchase Fund in excess of any unsatisfied purchase obligation, such excess shall be promptly returned to the related Credit Provider.

  • The Tender Agent shall establish and maintain a special fund designated as the "Bond Purchase Fund" (herein called the "Purchase Fund") and within such fund two separate accounts for each Series of 2010 Bonds issued, designated, respectively, as the " Credit Facility Proceeds Account," and the " Remarketing Proceeds Account" (inserting therein the Series designation of such 2010 Bonds).

  • Moneys in a Series-designated Credit Facility Proceeds Account shall be used to pay the purchase price only of 2010 Bonds of such Series, and moneys received from the remarketing of 2010 Bonds of any Series, shall be used only to pay the purchase price only of 2010 Bonds of such Series.

  • No moneys in any Credit Facility Proceeds Account or Remarketing Proceeds Account shall be commingled with other funds held by the Tender Agent, and all such money shall remain uninvested.

  • COVID-19 POLICY UPDATESWC Agency NotificationWork Comp BoardPharmacy Medical8.5.20 Version: Allowing Telemedicine in Some Circumstances, Supersede Previous Emergency Adoption I.D. No. WCB-31-20-00002-EFiling No. 439Filing Date: 2020-07-21Effective Date: 2020-07-21Text of emergency rule: Section 325-1.8 of Title 12 NYCRR is hereby amended to read as follows:325-1.8 Emergency medical aid and telemedicine.

  • There are hereby established with the Tender Agent within the Purchase Fund two separate and segregated accounts, to be designated "Remarketing Proceeds Account" and "Credit Facility Proceeds Account".

Related to Credit Facility Proceeds Account

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Excess Liquidation Proceeds Account The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of WFRBS Commercial Mortgage Trust 2014-C22, Commercial Mortgage Pass-Through Certificates, Series 2014-C22, Excess Liquidation Proceeds Account”.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under its sole dominion and control.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Asset Sale Proceeds Account means one or more deposit accounts or securities accounts holding the proceeds of any sale or disposition of any Notes Collateral.

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • New Credit Facility is defined in Section 9.8.

  • Cash Collateral Accounts shall have the meaning given to such term in Section 11.1 hereof.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Excess Liquidation Proceeds Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(c) of this Agreement in trust for the Certificateholders, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Excess Liquidation Proceeds Reserve Account.” Any such account shall be an Eligible Account.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Credit Facility Obligations means all “Obligations” (or any other defined term having a similar purpose) as defined in the Credit Agreement.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.