FPF Account definition

FPF Account means the Future Payment Fund Account that is an interest-bearing conditional advance payment account with Lender and all money paid into that account and all interest earned thereon.
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FPF Account means the Future Payment Fund Account that is an interest-bearing conditional advance payment account with Lender and all money paid into that account and all interest earned thereon. “Fiscal Quarter” means the three month periods ending March 31, June 30, September 30 and December 31.
Sample 1

Examples of FPF Account in a sentence

  • The rate paid on funds held in any FPF Account will not exceed the rate paid by Borrower on the related Loan.

  • Interest will accrue on FPF Account balances at a minimum principal balance to be determined by Lender, from the date payments were received into an FPF Account.

  • Upon the completion of the Administrator's review he shall make recommendations to the President and to either the agency head or the Congress with respect to action he believes should be taken.

  • In the event Lender were to become insolvent and liquidated, the funds in Borrower’s FPF Account would be applied against any outstanding Loan of Borrower.

  • As a result the populations of San Joaquin kit fox have been declining precipitously; it appears clear that BLM and other land managers as well as FWS have failed in their duties to ensure against jeopardy for this species.

  • The maximum account balance for each FPF Account shall be subject to the limitations set forth below.

  • Interest will accrue on FPF Account balances at such minimum balances to be determined by Lender, from the date payments were made into an FPF Account.

  • If requested by Borrower, Lender may open and maintain an FPF Account for Borrower on any Loan.

  • An FPF Account or accounts will be held, applied or withdrawn in accordance with the following terms and conditions.

  • Accordingly, a lot of recommendations were forwarded by participant teachers.

Related to FPF Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

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

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

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

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Note Account As defined in the Indenture.

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

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

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • 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.

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

  • 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 Account means the account designated as such, established and maintained pursuant to Section 5.07.

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

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

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

  • Liquidity Account has the meaning set forth in Section 6.22(a).

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

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

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

  • Regular account means the account established for each active and inactive member un-

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • 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.