Examples of Service Account in a sentence
The net proceeds received from the sale of the Bonds shall be deposited simultaneously with the delivery of the Bonds as follows: (a) All accrued interest received from the sale of the Bonds shall be deposited in the Debt Service Account.
The proceeds derived from said taxes shall be deposited in the Bond and Interest Fund, shall be kept separate and apart from all other funds of the Issuer shall thereafter be transferred to the Debt Service Account and shall be used solely for the payment of the principal of and interest on the Bonds as and when the same become due, taking into account any scheduled mandatory redemptions, and the fees and expenses of the Paying Agent.
The Group Managed Service Account you created on your domain controller.
Levy and Collection of Annual Tax; Transfer to Debt Service Account.
The Trustee shall create and maintain separate subaccounts within each IRB Debt Service Account to account for the receipt and disbursement of proceeds of each separate issue of Bonds for federal income tax purposes, as identified in the Tax Compliance Certificate for such Bonds, but such separate subaccounts shall not, unless otherwise specifically provided herein or by Supplemental Indenture, affect the rights of the Owners of the Bonds with respect to moneys in such IRB Debt Service Account.