Event Account definition

Event Account. A separate interest-bearing account in the name of the Owners and under the City of Durham’s Federal ID number in a local qualified public depository, to be designated by the Owners, where certain event deposits, as applicable, are deposited by Manager as further defined in Section 8.2.”
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Event Account. A separate interest-bearing account in the name of Owner and under Owner’s Federal ID number in a local qualified public depository, to be designated by Owner, where advance ticket sale revenue is deposited by OVG.
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Event Account. A separate interest-bearing account in the name of the City and under the City’s Federal ID number in a local qualified public depository, to be designated by the City, where advance ticket sale revenue is deposited by Manager. There shall be separate Event Accounts for each of the Event Center and the Theatre.
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Examples of Event Account in a sentence

  • Manager shall deposit as soon as practicable following receipt, in the Event Account, all revenue received from ticket sales and similar event-related revenues which Manager receives in contemplation of, or arising from, an event, pending completion of the event.

  • The Overland Park Convention Center Account and the Overland Park Convention Center Event Account (collectively, the "OP Convention Center Accounts”) will be invested in interest bearing accounts and will not utilize the FirstBusiness Sweep product.

  • Promptly following completion of such events, Manager shall transfer all funds remaining in the Event Account, including any interest accrued thereon, into the Operating Account.

  • Additionally, OVG shall submit to Owner, or shall cause the applicable public depository utilized by OVG to submit to Owner, on a monthly basis, copies of all bank statements concerning the Event Account and the Operating Account.

  • Event Account Management/Project Management: A compensation rate of 2% will be paid to the Contractor if it provides services as an Account Manager/Project Manager in an event.

  • Event Account: a separate interest-bearing account in the name of the Owner and under the Owner’s Federal ID number in a local qualified public depository, to be designated by the Owner, where advance ticket sale revenue is deposited by Manager.

  • Promptly following completion of such events, OVG shall transfer all funds remaining in the Event Account from such event, including interest accrued thereon, into the Operating Account.

  • Additionally, Manager shall submit to the City, or shall cause the applicable public depository utilized by Manager to submit to the City, on a monthly basis, copies of all bank statements concerning the Event Account and the Operating Account.

  • Promptly following completion of such events, City shall transfer all funds remaining in each Event Account, including any interest accrued thereon, into the Operating Account for the applicable Facility.

  • Bank service charges, if any, on such Event Account shall be deducted from interest earned before utilizing other funds in such Event Account.


More Definitions of Event Account

Event Account means one or more accounts established by the Treasurer for the
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Related to Event Account

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Investment Account As defined in Section 3.12(a).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Collection Accounts As defined in Section 3.10(a).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Note Account As defined in the Indenture.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.