Income Account definition

Income Account means a demand deposit account established by the Seller with a bank satisfactory to the Administrative Agent under the provisions of Section 8, which shall be subject to the control of the Administrative Agent.

Income Account means an account relating to the income property of the scheme;

Income Account shall have the meaning assigned to it in Section 3.02.

Examples of Income Account in a sentence

• Such expenses shall be paid from the Income Account, or to the extent funds are not available in such Account, from the Capital Account, against an invoice or invoices therefor presented to the Trustee by the Depositor.

• The proceeds of sale credited to the Income Account of the Trust.

• To the extent the funds in the Income and Capital Accounts of the Trust shall be insufficient to pay the expenses borne by the Trust specified in this Section 3.01, the Trustee shall advance out of its own funds and cause to be deposited and credited to the Income Account such amount as may be required to permit payment of such expenses.

• The prospective bidder may download the bidding document carrying all details free of cost at the *link mentioned above or may have bidding document from the Directorate of Procurement & Inventory Control (DPIC), University of Agriculture, Faisalabad (UAF) subject to production of deposit receipt of Rs. 500/- in the University Income Account (No.11-9/NBP, UAF Branch).

• The bidding documents are available in the office of the Treasurer (Tender Cell) and the same may be obtained subject to the payment of the cost of the printing and provision of the document (tender Fee) as mentioned above to be deposited in the University Income Account (No.11-9/NBP, UAF Branch).

More Definitions of Income Account

Income Account means the account referred to in clause 22 hereof.

Income Account means an account referred to in paragraph 5 of Part A of Schedule 3 to this Agreement;

Income Account means the Account by that name created and established by Section 4.1 hereof.

Income Account shall have the meaning specified in Section 4 of this Agreement.

Income Account means an Account set up by the Service Provider to receive the Service Provider’s Income, which will be transferred to this account from the Revenue Account.

Income Account shall have the meaning specified in Section 6.

Income Account means the Wyoming wildlife and natural resource trust income account created by W.S. 9‑15‑103(b);