Distribution Accounts definition

Distribution Accounts. Collectively, the Upper-Tier REMIC Distribution Account and the Lower-Tier REMIC Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

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Distribution Accounts. Collectively, the Upper-Tier Distribution Account, the Lower-Tier Distribution Account, the Floating Rate Account and the Excess Interest Distribution Account, all of which may be subaccounts of a single Eligible Account.

Distribution Accounts. Collectively, the Upper-Tier Distribution Account and the Lower-Tier Distribution Account.

Examples of Distribution Accounts in a sentence

• As provided in the Pooling and Servicing Agreement, the Collection Account and the Distribution Accounts will be held on behalf of the Trustee for the benefit of the Holders of Certificates specified in the Pooling and Servicing Agreement and the Master Servicer (with respect to the Collection Account) or the Certificate Administrator (with respect to the Distribution Accounts) will be authorized to make withdrawals therefrom.

• As provided in the Pooling and Servicing Agreement, the Collection Accounts and the Distribution Accounts will be held on behalf of the Trustee for the benefit of the Holders of Certificates specified in the Pooling and Servicing Agreement and each Master Servicer (with respect to its Collection Account) or the Certificate Administrator (with respect to the Distribution Accounts) will be authorized to make withdrawals therefrom.

More Definitions of Distribution Accounts

Distribution Accounts. Collectively, the Upper-Tier REMIC Distribution Account, the Class EC Distribution Account, the Centreville Square REMIC Distribution Account, the Lower-Tier REMIC Distribution Account and the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

Distribution Accounts means accounts showing—

Distribution Accounts means the Accounts established by the Committee to reflect the distribution method selected by a Participant. If the Employee elects to begin- distributions before termination of employment for any reason, the Distribution Account shall be known as an “In-Service Account.” If a Participant elects to begin distributions in the year following separation from service for any reason, the Distribution Account shall be known as a “Retirement Account.” A Participant may select one or two distribution methods to begin before separation from service, and therefore the Committee may establish one or two “In-Service Accounts” for a Participant. The Participant may select only one distribution method to begin after separation from service, and therefore the Committee may establish only one Retirement Account for a Participant. If a Participant does not make an affirmative election, the Distribution Account shall be a Retirement Account.

Distribution Accounts. The Class A Group I Distribution Account, the Class A Group II Distribution Account and the Class B Distribution Account.

Distribution Accounts means the Retirement Distribution Account, the Separation Distribution Account, the In-Service Distribution Account, and/or the Flexible Distribution Account maintained on the books of the Company for a Participant under this Plan. A Participant’s Distribution Accounts shall be bookkeeping accounts only and shall not constitute or be treated as reflecting a trust fund or other type of fund of any kind.

Distribution Accounts. The Term Note Distribution Account, Certificate Distribution Account and Revolver Distribution Account. DPP: Delayed Payment Privilege, a program of GMAC under which GMAC may agree with a dealer not to require payment of principal promptly upon the sale or lease of the vehicle to a customer. DTC: The Depository Trust Company, a limited-purpose trust company certified under the New York Banking Law.

Distribution Accounts means the accounts showing how the total amount available for distribution to owners of shares is calculated,