Examples of Operating Account in a sentence
It is acknowledged that while the funds are on deposit in the Trust Operating Account awaiting distribution, the Company will not earn any interest or dividends.
In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate the Trust Account and to transfer the total proceeds of the Trust to the Trust Operating Account at J.X. Xxxxxx Cxxxx Bank, N.A. to await distribution to the Public Shareholders.