Interim Account definition

Interim Account is to refer to Credit Agreements collectively of an individual Borrower that constitute (1) an In-School (Enrolled) Account, or (2) a Grace Account.

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Interim Account means a financial instrument account opened with the CSD as depositary (depositary code 40000) to maintain the financial instruments of a lawful holder for which no proprietary financial instrument account has been opened with a CSD member.

Interim Account means the unaudited financial statement of the Company for the twelve months period ended 31 December 2006; attached hereto as Shedule 3;

Examples of Interim Account in a sentence

• The Servicing fee for Student Loans in Interim Account status shall be payable by the Owner on a pro-rated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance of the Student Loans at month end.

• In the event more frequent reporting of the accounts and inventory components of the US Borrowing Base and the Canadian Borrowing Base is required pursuant to this Section 6.10(g), such reports shall be in the form of the Interim Account Reports attached hereto as Exhibits N-1 and N-2, as applicable, and the Inventory Designation Reports attached hereto as Exhibits O-1 and O-2, as applicable.

• The Servicing fee for Student Loans in Interim Account Status shall be payable by the Owner on a pro-rated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance at each month end.

• Amounts applied to the Interim Account earn a declared rate of interest.

• If the ending principal balance of the Student Loans (including Student Loans in Interim Account status and Repayment Account status) at month end is [**] dollars ($[**]) or more, but less than or equal to [**] dollars ($[**]), then the Servicing fee for loans in Repayment Account status shall be payable by the Owner on a pro-rated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance of the Student Loans at each month end.

• If the ending principal balance of the Student Loans (including Student Loans in Interim Account status and Repayment Account status) at month end is less than [**] ($[**]), then the Servicing fee for loans in Repayment Account status shall be payable by the Owner on a pro-rated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance of the Student Loans at each month end.

• Additional purchase payments will be applied to the Interim Account as of the date We receive the purchase payment.

• JIA shall make deposits to the Interim Account ("Funding Deposits") as required to fund Summit V's operation as provided in Section 4(b) below.

• All Taxes incurred (whether or not due) since the date of the Unaudited Interim Account have been incurred in the ordinary course of business.

• All loans and guarantees, or any other liability, except for debt or liabilities incurred in the Ordinary Course since the Accounts Date, are duly reflected in the Audited Accounts or the Interim Account.

More Definitions of Interim Account

Interim Account means the Purchaser’s account, jointly controlled by a representative designated by Sellers, maintained with a bank to be mutually agreed by the parties;

Interim Account has the meaning set forth in Section 4.10. “Investment” means, with respect to any Person, any:

Interim Account means the unaudited financial statement of the Company for the five months period ended May 31, 2005; attached hereto as Schedule 4;

Interim Account means FCE’s consolidated interim financial statements as at and for the half year ended 30 June 2007