General Purposes Account definition

General Purposes Account means the General Purposes Account in the Aviation Fund established by Section 501 of the Bond Resolution, and any corresponding account (by whatever name given thereto) established by the Subordinate Bond Resolution.
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General Purposes Account means the separate Parking General Purposes Account created for each District by Section 18(e) of this Order.
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General Purposes Account means the Bethesda Parking General Purposes Account created for the Bethesda Parking Lot District by the Order.
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Examples of General Purposes Account in a sentence

  • The arrangement whereby such charges were directed to be met out of the General Purposes Account (Vide Act III., 1955, No. 3 of Class II., para.

  • AIRLINE agrees that amounts in the General Purposes Account at the end of each Fiscal Year, if available, shall be used pursuant to the Indenture.

  • Subject in all respects to the requirements of the Bond Resolution, amounts deposited to the General Purposes Account, shall be distributed among the following sub-accounts which are hereby established within the General Purposes Account, and within such sub-accounts, into the applicable sub-sub- accounts which are hereby established for the Terminal and the Airfield: (1) Airport Discretionary Sub-Account, (2) Rate Stabilization Sub-Account, and (3) Airline Fees and Charges Sub-Account.

  • In the event that the amounts on deposit in the Rollover Coverage Account as of the 7th Business Day of December of any Fiscal Year do not equal the Rollover Coverage Requirement for such Fiscal Year, the amount of such deficiency shall be transferred from any balance in the Operating Account or the General Purposes Account of the Indenture or if the balance in both is less than the deficiency the total amount available for such purposes in both accounts.

  • The General Purposes Account Requirement as envisioned by Section 505 (2) (i) of the 1993 General Indenture and Section 505(2)(h) of the New General Indenture is hereby established at the amount of $3,000,000 for each Fiscal Year.

  • The FFC serves as the state node and provides connectivity and intelligence sharing among the regional fusion centers.

  • When an Assessor, by instruction of the Presbytery, travels for the discharge of Presbyterial duty e.g., presiding over kirk-session meetings, congregational meetings for election of minister or moderation in call to a minister, the serving of edicts, or the ordination of office- bearers, such travelling expenses by rail, steamer, or public road conveyance shall, on the certificate of the Moderator and Clerk of Presbytery, be paid by the General Treasurer, and charged to General Purposes Account.

  • If at the end of a Fiscal Year the amount in the Renewal and Replacement Account is less than $1,500,000, the Renewal and Replacement Account shall be funded to equal $1,500,000 by money from the General Purposes Account.

  • If at any time money held in the Renewal and Renovation Account exceeds the amount of $1,500,000 (or such higher amount as may then have been determined to be appropriate), and is not used to replenish the Debt Service Account or the Reserve Account or transferred to the Operation and Maintenance Account, any such excess money shall be transferred to the General Purposes Account.

  • Account shall mean the airline fees and charges sub- account established by Article IX of this Agreement within the General Purposes Account in the Aviation Fund, together with separate sub sub-accounts to be established therein for the Terminal and the Airfield.

Related to General Purposes Account

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.

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

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Series Accounts means, collectively, the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account.

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

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • 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.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • 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.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

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

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

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.