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.
Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.
Billing Account is the checking account from which all Service fees will be automatically debited.
Seller Account shall have the meaning set forth in the preamble of this Agreement.
Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.
Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);
Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.
Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.
Project Account means the account referred to in Section 3.04 (a) of this Agreement;
Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).
Funding Account has the meaning assigned to such term in Section 4.01(h).
Initial Reserve Account Deposit means $3,000,000.
Holding Account means an account:
Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.
Funding Accounts has the meaning assigned to such term in Section 4.01(h).
Concentration Account has the meaning provided in Section 6.13(c).
Tax Account shall have the meaning set forth in Section 8.6 hereof.
Management Accounts Date means 30 September 2010;
Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.
Initial Reserve Account Deposit Amount means an amount equal to $1,554,404.20.
Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).
Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.