Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.
Clearing Account means the account so designated and established by Section 5.04(1) hereof.
Concentration Account has the meaning provided in Section 6.13(c).
Holding Account means an interest-bearing deposit account belonging to the Agent for the benefit of the Lenders into which the Borrower may be required to make cash deposits pursuant to the provisions of this Agreement, such account to be under the sole dominion and control of the Agent and not subject to withdrawal by the Borrower, with any amounts therein to be held for application toward payment of any outstanding Letters of Credit when drawn upon.
Collection Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.
Force account means the use of the Recipient's own employees, equipment, or resources for the Project.
Concentration Accounts has the meaning ascribed to it in Annex C.
Disbursement Account has the meaning ascribed to it in Section 1.1(e).
Administration Account means the account (account number 1002422076) of the Administrator maintained at the office of PNC at One PNC Plaza, 000 Xxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000, or such other account as may be so designated in writing by the Administrator to the Servicer.
Surplus Account has the meaning assigned to it in Section 3.02(a).
Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement.
Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;
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.
Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.
Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.
Custody Account means any account in the name of the Trust, which is provided for in Section 3.2 below.
Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.
Collections Account has the meaning given to such term in Section 3.01(a) hereof.
Billing Account is the checking account from which all Service fees will be automatically debited.
In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.
Collection Accounts The accounts established and maintained by a Servicer in accordance with Section 3.05.
Collection Account Control Agreement means that certain Collection Account Control Agreement, dated as of August 14, 2020, by and among Purchaser, Seller and Bank, in form and substance acceptable to Purchaser to be entered into with respect to the Collection Account, as the same may be amended, modified or supplemented from time to time.
Disbursement Accounts has the meaning ascribed to it in Annex C.
Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.
FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)
Insurance Account shall have the meaning set forth in Section 8.6 hereof.