PAG Account definition

PAG Account means the PAG Account as established and maintained pursuant to the Holdings LLC Agreement and the proceeds of such Account.
PAG Account means the Company’s account established initially with Bank Santander, N.A. in which initially will be deposited 18% of the Company’s cash and other investments other than Permitted Working Capital.

Examples of PAG Account in a sentence

  • All non-exempt employees are required to report a minimum combination of forty (40) hours per week including time worked, holiday hours and leave time.

  • Following the PAG GE Obligations Payment Date, the Company may make distributions from the PAG Account to PAG and may direct that payments that would otherwise go into the PAG Account go directly to PAG.

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  • The third party expenses and fees for maintaining and conducting transactions in each of the PAG Account, the PTLC Account and the Working Capital Account shall be paid from the applicable account.

  • The 213 participants in this study were residents in their 20s and older who lived in Gangneung and PyeongChang at the time of the 2018 PyeongChang Winter Olympics.

  • They do not perceive obstacles above or below this region or behind the vehicle.

  • As soon as practicable following the establishment of the Investment Accounts and the Working Capital Account, the Company will deposit all cash and investments, whether or not cash equivalents, held by it, reduced by the amount of Permitted Working Capital, 82% in the PTLC Account and 18% in the PAG Account.

  • PAG shall be allocated 100% of all items of income, gain, loss and deduction attributable to the PAG Account, and PTLC shall be allocated 100% of all items of income, gain, loss and deduction attributable to the PTLC Account.

  • Until the PTLC GE Obligations Payment Date and the PAG GE Obligations Payment Date, respectively, cash and investments, whether or not cash equivalents, in the PTLC Account and the PAG Account shall be disbursed only in accordance with Article 10 except as provided in Subsection 3.6(b).

Related to PAG Account

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Concentration Account has the meaning provided in Section 6.13(c).

  • 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.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

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

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Holding Account means an account:

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • 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.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

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

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Note Account As defined in the Indenture.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.