Examples of Expense Account in a sentence

Each of the Collections Account, the Security Deposit Reserve Account, the Maintenance Reserve Account, the Liquidity Account, the Expense Account and the Cash Trap Account shall have been opened and established with the Security Trustee.
On or before the Effective Date, the Borrower shall take such action as shall be necessary to establish in the name of the Security Trustee the following Accounts: (i) the Collections Account; (ii) the Security Deposit Reserve Account; (iii) the Maintenance Reserve Account; (iv) the Liquidity Account; (v) the Cash Trap Account; (vi) the Expense Account; and (vii) the Funding Account.
The following terms shall have the following meanings: “Account” means each of the Funding Account, the Collections Account, the Security Deposit Reserve Account, the Maintenance Reserve Account, the Liquidity Account, each Obligor Funded Account, each Obligor Payment Account, the Expense Account and the Cash Trap Account.
Expenses shall be paid from the Expense Account as provided in Section 6.04(c).
On each Payment Date, the Required Expense Amount shall be deposited into the Expense Account from the Collections Account to the extent of the Available Collections Amount in accordance with Section 8.01.

More Definitions of Expense Account

Expense Account. The expense account established and maintained by the Trustee in accordance with Section 6.03 hereof.

Expense Account means the account designated as such pursuant to Section 5.1 of the Transfer and Servicing Agreement.

Expense Account has the meaning set forth in Section 7.5(e).

Expense Account means the account established pursuant to Section 5.03 hereof.

Expense Account means the account established pursuant to the provisions of Section 6.4.

Expense Account has the meaning assigned to such term in Section 3.01(a) of the Indenture.

Expense Account means the Securities Account designated the “Expense Account” and established in the name of the Trustee pursuant to Section 10.4.