Equity Account definition

Equity Account means the account maintained for each Participant by the Manager in accordance with Subsection 8.2(n) of the Agreement.

Equity Account means the account of that name within the Project Fund created pursuant to Section 4.1(a) hereof.

Equity Account means the account of that name established within the Project Fund pursuant to Section 5.01 of this Indenture.

Examples of Equity Account in a sentence

• Any moneys remaining in the Closing Costs Fund (including investment proceeds) after the earlier of (i) the payment of all costs of issuance as certified in writing to the Fiscal Agent by the Borrower or (ii) a period of five months after the Closing Date, shall be paid to the Borrower Equity Account of the Project Fund and the Closing Costs Fund shall be closed.

• The Governmental Lender agrees that if the Governmental Lender has not objected in writing to any disbursement from the Note Proceeds Account or Borrower Equity Account within five Business Days of receipt of a request for acknowledgment of such disbursement, the Governmental Lender shall be deemed to have acknowledged such disbursement.

• The Fiscal Agent shall deposit the Borrower Equity Deposit into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Note), as provided in Section 2.11(c) hereof.

• The Fiscal Agent shall disburse moneys in the Note Proceeds Account, the Capitalized Interest Account and its subaccount, and the Borrower Equity Account of the Project Fund for the acquisition, construction and equipping of the Project, to pay other Qualified Project Costs and to pay other costs related to the Project as provided herein.

• Therefore, congregations are encouraged to help provide for the future housing needs of the minister at such a time when he/she decides to purchase a home by establishing a Housing Equity Account.

More Definitions of Equity Account

Equity Account means the Equity Account of the Project Fund created pursuant to

Equity Account means the bank account opened in the name of the Owner with the Equity Account Bank and designated “Kithira Equity Account” for the purposes of the holding of the Equity Collateral.

Equity Account means the account established and maintained by the Collateral Trustee into which the Equity Remainder, if any, relating to each Vessel will be deposited in accordance with the order of payments on each Equity Transfer Date.

Equity Account means each account created with a brokerage firm utilized by the Company from time to time in connection with the administration of the Company’s equity plans and programs, including the Plan.

Equity Account means a segregated deposit or securities account, in either case, that is (i) funded solely with Equity Issuance Proceeds, (ii) maintained by a Lender and (iii) subject to an Account Control Agreement.

Equity Account has the meaning specified in SECTION 2.2.

Equity Account means a separate account established by the Company and maintained for each Member in accordance with Section 2(b) of Schedule B. The initial balance of each Member’s Equity Account shall equal such Member’s Capital Contribution.