EXPENSE ACCOUNTS definition

EXPENSE ACCOUNTS. The expense accounts established and maintained by the Trustee in accordance with Section 6.03 hereof.
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EXPENSE ACCOUNTS. A teacher who claims reimbursement for expenses incurred in travel must file with the expense account properly executed receipts of transportation, accommodations, and other items of expense, including meals and taxi fare. All receipts must be issued on a regular receipt form or upon the letterhead of the person or firm furnishing the services.
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EXPENSE ACCOUNTS. The expense accounts established and maintained by the Co-Trustees in accordance with Section 6.03 hereof.
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Examples of EXPENSE ACCOUNTS in a sentence

  • Current accounts include Health/Dental Premiums, Medical Expense Accounts, Dependent Care Expense Accounts, and Parking/Transit Expense Plans.

  • On each date, an amount equal to the interest, if any, in respect of such date accrued in the Issuer Series Expense Account(s) in respect of the Notes will become due from Seller to Buyer.

  • Expense Accounts- Sums allowed and paid by employers to employees for expenses, which sums are required to be recognized as wages for federal income tax purposes.

  • Unless otherwise directed by Buyer to pay a lesser amount, Seller shall pay the aggregate of such amounts together with all other amounts, if any, standing to the credit of the Issuer Series Expense Account(s) in respect of the Notes, to the extent of funds available in such account(s) to pay such amounts (the “Clean-Up Payment”) on the Termination Date or, if earlier, on the day on which the Notes are redeemed.

  • Transfer the sum of Fourteen Thousand and 00/100 Dollars ($14,000.00), or any other sum, from available funds to departmental Electricity Expense Accounts.

  • The University shall inform staff members of their rights and obligations under the University’s policy for Professional Development Expense Accounts and the Central Pro-D fund.

  • The costs associated with leak repair expense shall be determined in accordance with the Uniform System of Accounts for Gas Companies, 220 C.M.R. § 50.00, Operations and Maintenance Expense Accounts, in use during the test year of its previous base distribution rate case filed pursuant to G.L. c.

  • The Bidder shall neither fail to submit the Revenue and Expense Accounts nor fail to present proper and complete accounts to the Revenue Department of Thailand, in accordance with the Notification of the National Anti-Corruption Commission Concerning Principles and Methods of Preparing Revenue and Expense Accounts of Project between Individual/Company and Government Agencies B.E. 2554 (A.D. 2011) as amended from time to time (“the Notification”).

  • Expenses All payments of anticipated costs and expenses of the Issuer in connection with the issue of Notes have been, or will be, met by payments made to the Issuer under the Charged Agreement and pending disbursement such payments received by the Issuer under the Charged Agreement will be held in one or more of the Issuer Expense Accounts.

  • Participation in the University’s Pre-Tax Expense Accounts ends when you retire.


More Definitions of EXPENSE ACCOUNTS

EXPENSE ACCOUNTS shall be two separate bank accounts established in the name of the Borrower and maintained by the Borrower at the Local Bank. One Expense Account shall be in US Dollars, into which US Dollar-denominated deposits shall be made and from which US Dollar-denominated withdrawals shall be made. A second Expense Account shall be in Bolivianos into which Boliviano-deposits shall be made and from which Boliviano-denominated withdrawals shall be made (and references herein to the “Expense Accounts” shall be deemed to include a reference to the accounts maintained therein). The Borrower may make transfers into the Expense Accounts in accordance with Section 4.04(a) for the payment of Operating Costs in Bolivia, provided that, (1) no such transfer may be made if, after giving effect thereto, the balance in the Expense Accounts would exceed the Maximum Expense Account Balance and (2) each such transfer shall be in a minimum amount of $500,000. In the event that the balance of funds in the Expense Accounts exceeds the Maximum Expense Account Balance, the Borrower shall, to the extent permitted by applicable law, promptly direct the Local Bank to transfer funds (converting amounts in Bolivianos to Dollars) from the Expense Accounts to the applicable New York Account to cure such excess; and if required for purpose of effecting such transfer, the Borrower shall cooperate with the Collateral Agent in constituting and issuing such accounts, authorizations and powers as may be advisable or requested by the Collateral Agent to comply with any formal requirements incident to such transfer. If any Boliviano amount otherwise required to be deposited in the Expense Accounts cannot be deposited therein without the balance in the Expense Account exceeding the Maximum Expense Account Balance, such Boliviano amount shall (to the extent permitted by applicable law) promptly be deposited in the applicable New York Account (converting amounts in Bolivianos to Dollars at the rate established by the Bolivian Central Bank).
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EXPENSE ACCOUNTS means the accounts established under Section 20.1.
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Related to EXPENSE ACCOUNTS

  • Expense Account The account established pursuant to Section 10.3(c).

  • Suspense Account means the account established by the Trustee for maintaining contributions and forfeitures which have not yet been allocated to Participants.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

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

  • Separate Accounts means the accounts which are to be prepared for each

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Management Accounts Date means 30 September 2017;

  • Completion Accounts has the meaning given in Paragraph 4.1, 4.2(A) or 4.2(B) (as applicable) of Part A of Schedule 8 (Completion Accounts);

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

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

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • 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.

  • cash memorandum account means an account so designated by the Operator of the relevant system.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.