Insurance Subaccount definition

Insurance Subaccount has the meaning set forth in Section 6.2.1.
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Insurance Subaccount has the meaning set forth in Section 2(ii) hereof.
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Insurance Subaccount. Senior Loan Agreement “Insured Casualty” - 7.2.2 “Intellectual Property” - 4.28 “Intercreditor Agreement” - 9.8 “Issuer” - 10.1.3
Sample 1

Examples of Insurance Subaccount in a sentence

  • Such amounts will be transferred by the Lender to a Subaccount (the "Tax and Insurance Subaccount").

  • Lender shall have the right to withdraw amounts from the Insurance Subaccount to pay Insurance Premiums on or before the date Insurance Premiums are due and payable.

  • If the Lender determines in its reasonable judgment that the funds in the Tax and Insurance Subaccount will be insufficient to pay (or in excess of) the Taxes or insurance premiums next coming due, the Lender may increase (or decrease) the monthly contribution required to be made by the Borrower to the Tax and Insurance Subaccount.


More Definitions of Insurance Subaccount

Insurance Subaccount has the meaning specified in Section 2(b). “Lockbox Account” has the meaning specified in Section 2(b).
Sample 1
Insurance Subaccount means the account established by the Paying Agent and maintained by the Cash Management Account Bank in accordance with the terms of Section 6.2.1 titled “00000000, Insurance Account - Xxxxx Fargo Bank, N.A., as Paying Agent in trust for the Secured Parties” or such other account established at the Cash Management Account Bank as may be designated in writing from time to time by the Paying Agent to the Administrative Agent and Borrower.
Sample 1
Insurance Subaccount. 3.4 “Insured Casualty” - 7.2.2 “Interest Rate Protection Agreement” - 2.6.1 “Issuer” - 9.1.3 “Late Payment Charge” - 2.5.3 “Lender Group” - 9.1.3 “Lender’s Consultant” - 5.16.1 “Liabilities” - 9.1.3 “LIBOR Unavailability Condition” - 2.2.6 “LIBOR Unavailability Notice” - 2.2.6 “Licenses” - 4.9 “Loan” - 2.1 “Xxxxx’x” – 1.1 (Definition of Rating Agency) “Note”- 1.1 (Definition of Loan Documents) “Notice” - 6.1 “O & M Program” - 5.16.3 “OFAC” - 5.29 “Partial Release” – 2.4(b) “Permitted Indebtedness” - 5.9 “Policies” - 7.1.2 “Proceeds” - 7.2.2 “Property Tax Subaccount” - 3.3 “Proposed Material Lease” - 5.17.1 “Provided Information” - 9.1.1 “Qualified Carrier” – 7.1.1 “Real Estate Taxes” 1.1 (Definition of Property Taxes) “Registration Statement” - 9.1.3 “Remedial Work” - 5.16.2 “Rent Roll” - 4.25 “Required Records” - 6.3.6 “Required Repairs” - 3.2.1 “Required Repairs Subaccount” - 3.2.2 “Restoration” - 7.4.1 “Rollover Reserve Subaccount” - 3.6 “S&P” – 1.1 (Definition of Rating Agency) “Second Extended Maturity Date” - 2.8 “Secondary Market Transaction” - 9.1.1 “Securities” - 9.1.1 “Securities Act” - 9.1.2 “Securitization” – 9.1.1 “Security Deposit Subaccount” - 3.8 “Security Instrument”- 1.1 (Definition of Loan Documents) Schedule 1-2 71215191
Sample 1

Related to Insurance Subaccount

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

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

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

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.

  • Subaccount means any subaccount designated and established hereunder.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • 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 [*];

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

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

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

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • 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.

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

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

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

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

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

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Yield Maintenance Account The separate trust account maintained and held by the Trustee pursuant to Section 3.16, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust on behalf of the Class A Certificateholders, and which account provides that the Trustee may make, or cause to be made, withdrawals therefrom in accordance with Section 3.16.

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

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.