CRF Account definition

CRF Account means a construction reserve fund account governed by Chapter II, Subchapter C, Part 287 of Title 46 of the Code of Federal Regulations.

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Examples of CRF Account in a sentence

• Following any Asset Sale or Event of Loss the proceeds from which the Borrower desires to deposit into a CRF Account, the Borrower shall deliver a CRF Deposit Notice setting out the anticipated CRF Deposit Period in respect thereof.