Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."
Principal Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.
Principal Account is defined in Section 4.9(a).
Examples of Principal Account in a sentence
The Trustee shall establish and maintain so long as any of the Bonds are Outstanding a separate fund to be known as the Bond Fund, and separate accounts therein to be known as the Interest Account, the Administrative Expenses Account and the Principal Account.
Acquisitions of Loss Mitigation ObligationsThe Investment Manager has the discretion at any time, to purchase Loss Mitigation Obligations from amounts standing to the credit of the Principal Account or the Interest Account, subject to satisfaction of the Loss Mitigation Obligation Criteria and the LMO Profile Tests.
More Definitions of Principal Account
Principal Account shall have the meaning specified in subsection 4.02(b).
Principal Account means the Account within the Debt Service Fund so designated and established by Article V.
Principal Account means the account by that name established and held by the Trustee pursuant to Section 4.03(b).
Principal Account means the account by that name in the Bond Fund established pursuant to Section 5.02.
Principal Account means the interest bearing account described as such in the name of the Issuer with the Account Bank into which Principal Proceeds are to be paid.
Principal Account means the account by that name established in the Revenue Fund pursuant to Section 5.02.
Principal Account means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7.