General Accounts definition
General Accounts means the accounts of a group of companies referred to in section one hundred and sixty-five;
General Accounts means any deposit accounts or securities accounts of the Borrower, other than the Available Cash Account, the Distribution Reserve Account and the Other Proceeds Account.
General Accounts shall have the meaning set forth in Section 4(a) hereof.
More Definitions of General Accounts
General Accounts means and refer to deposit accounts, operation accounts, savings accounts and other accounts with the Lender, and that each and every one of said accounts shall expressly be deemed to be "general accounts" and not "special accounts", such that funds may be setoff and commingled.
General Accounts means and refer to any account that the Borrower is required in this Development Agreement to open with the Lender, and each and every one of said accounts shall expressly be deemed to be "general accounts" and not "special accounts", such that funds may be setoff and commingled.
General Accounts has the meaning assigned to the term “Cuentas Generales” as defined in the Issuer Trust Agreement.
General Accounts has the meaning set forth in Section 3.1 (a)(i) hereof. hereof.
General Accounts means and refer to deposit accounts, operation accounts, savings accounts and other accounts with the Lender, that the Lender requires the Borrower to open and maintain for moneys obtained in connection with the Real Property and Improvements, including cash, deposits, development draws, disbursements, payroll, rents, profits, and any other issues from any other source, and that each and every one of said accounts shall expressly be deemed to be "general accounts" and not "special accounts", such that funds may be setoff and commingled.
General Accounts means any deposit accounts or securities accounts of the Borrowers, other than the Available Cash Account, the Distribution Reserve Account and the Other Proceeds Account. “Governmental Approvals” shall have the meaning assigned to such term in Section 3.08(c). “Governmental Authority” shall mean any federal, state, provincial, local, or foreign court or governmental agency, authority, instrumentality or regulatory or legislative body. “GPU Clusters” shall mean all GPU clusters necessary for the Borrowers to provide Services with respect to the Master Service Agreement. “GPU Depreciated Amount” shall mean, as of any date of determination, the aggregate amount of depreciation applicable to Infrastructure calculated in good faith by the Borrowers in accordance with Schedule 2.03 on a straight-line basis in accordance with GAAP assuming a useful life of six (6) years. For the avoidance of doubt, depreciation with respect to the “GPU Depreciated Amount” shall be calculated based on the ordinary course practices or conventions of the Borrowers, including the utilization of a “half- month convention method” (for example, if the date with respect to which Infrastructure is placed in service is (x) on or before the fifteenth (15th) day of a calendar month, a full month depreciation will be taken and (y) after the fifteenth (15th) day of a calendar month, depreciation applicable to such Infrastructure will be effected beginning with the immediately following calendar month). “GPU Servers” shall mean any graphics processing units servers and ancillary components, including networking infrastructure, purchased by, or transferred to, any Borrower with proceeds of the Delayed Draw Loans in connection with the Project and which are new, unused or used (solely to the extent previously used in connection with the Master Services Agreement) prior to their purchase or transfer to such Borrower only in connection with the Project. “Guarantee” of or by any Person (the “guarantor”) shall mean (a) any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness (whether arising by virtue of partnership arrangements, by agreement to keep well, to purchase a...