Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.
Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.
Billing Account is the checking account from which all Service fees will be automatically debited.
Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.
Completion Accounts means the consolidated balance sheet of the Target Group as at the close of business on the date of Completion and a consolidated profit and loss account of the Target Group for the period from the Last Accounts Date up to and including the date of Completion, which shall be prepared in accordance with Schedule 5.
Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.
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.
Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.
Expense Account has the meaning given to such term in Section 3.01(a) hereof.
Seller Account shall have the meaning set forth in the preamble of this Agreement.
Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.
Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.
Concentration Account has the meaning provided in Section 6.13(c).
Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.
Servicing Account The account or accounts created and maintained pursuant to Section 3.09.
Project Account means the account referred to in Section 3.04 (a) of this Agreement;
Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.
Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.
Funding Accounts has the meaning assigned to such term in Section 4.01(h).
Expense Reserve Account The trust account established pursuant to Section 10.3(d).
Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.
Funding Account has the meaning assigned to such term in Section 4.01(h).
Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.
Concentration Accounts has the meaning ascribed to it in Annex C.
Subservicing Account An account established by a Subservicer in accordance with Section 3.08.
Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.