Examples of Project O&M Account in a sentence
The Project O&M Account shall be held and administered by the Trustee in accordance with this Master Indenture.
The Project O&M Account shall be held and administered by the Security Trustee in accordance with this Agreement and shall form part of the Collateral.
The Borrower shall request a loan from CDOT pursuant to and subject to the terms and conditions of the CDOT O&M Loan Agreement for Project O&M Expenses if the projected Project O&M Expenses are anticipated to exceed the projected balance in the Existing I-25 Express Lanes Excess Revenue Subaccount of the Project O&M Account by 5%.
The Security Trustee shall be entitled to the Trustee Fees and Expenses as O&M Expenses payable from the Project O&M Account and as provided in Section 8.05 hereof following an Event of Default, subject to the compensation agreement between the Security Trustee and the Concessionaire, which, notwithstanding any other provision hereof, may be amended at any time by agreement of the Concessionaire and the Security Trustee without the consent of or notice to any other Secured Party.
The Project O&M Account and such Subaccounts shall be held and administered by the Trustee in accordance with this Master Indenture and, in the case of the Existing I-25 Express Lanes Excess Revenue Subaccount of the Project O&M Account, the I-25 Excess Revenues IGA.
The Borrower shall timely request a loan from CDOT pursuant to and subject to the terms and conditions of the CDOT – HPTE IAA for Project O&M Expenses for any month in any Borrower Fiscal Year if the projected Project O&M Expenses for such month are anticipated to exceed the aggregate funds available in the Project O&M Account and the Project O&M Reserve Account.
The Trustee shall be entitled to the Trustee Fees and Expenses as Project O&M Expenses payable from the Project O&M Account and as provided in Section 5.02(e) hereof following an Indenture Event of Default, subject to the compensation agreement between the Trustee and the Transportation Enterprise, which, notwithstanding any other provision hereof, may be amended at any time by agreement of the Transportation Enterprise and the Trustee without the consent of or notice to any other Secured Party.
The Pledged Revenues Subaccount of the Project O&M Account and the Existing I-25 Express Lanes Excess Revenue Subaccount of the Project O&M Account are hereby created as subaccounts within the Project O&M Account.
O&M Account‖ means the subaccount of the Project O&M Account created pursuant to and designated as such in Section 3.01 of the Master Indenture.
There shall be deposited into the Pledged Revenues Subaccount of the Project O&M Account: (A) moneys transferred to the Pledged Revenues Subaccount of the Project O&M Account from the Pledged Revenues Account pursuant to Section 3.03(c) hereof; and (B) any other moneys received by the Trustee that are accompanied by written directions that such moneys are to be deposited into the Pledged Revenues Subaccount of the Project O&M Account.