REF account definition
REF account means the revolving escrow fund account as a subaccount under the RMB account to be established by HXB for all transactions related to the Project as referred to in Section 3.03(c) of this Loan Agreement;
REF account means the dedicated account of the MoF to be opened at the BEAC pursuant to Section V.1 of Schedule 2 to this Agreement to receive that portion of the Financing allocated from time to time to Component 1 of the Project.