Special Account definition

Special Account means the account referred to in Section 2.02 (b) of this Agreement;

Special Account means the account referred to in Part B of Schedule 1 to this Agreement;

Special Account means the account referred to in Part B of Schedule 1 to this Agreement; and

Examples of Special Account in a sentence

• In the event that national health legislation is enacted during the three-year period commencing January 1, 1975, benefits and payments will be integrated so as to avoid duplication, and any savings resulting from such integration will be credited to the Special Account maintained in connection with the health and welfare plan or to the special fund referred to in Article VI (d), or will be apportioned between such Account and such fund, according to the source of such savings.

• We confirm that the total balance as on [Date] in the Special Account is ₹ [Amount in figures]/- (Rupees [Amount in words] only).

• Promptly, but not later than 3 (three) Business Days of receipt of such notice from the Company, the Escrow Bank shall transfer the monies lying in the Escrow Account and/ or the Special Account to the successor escrow agent and upon such transfer shall be fully discharged of all its obligations in terms of this Agreement and this Agreement shall terminate automatically with respect to the Escrow Bank.

• In accordance with the Clause 12.6.2 of Escrow Agreement, we hereby instruct you to transfer on [•], ₹ [•] from the Escrow Account Name and No. [•] to the Special Account Name and no.

• With reference to the Special Account titled “eClerx Services Limited – Buy Back 2024 Special A/c” bearing account number [Special Account Number] opened with us at [•] branch for the purpose of payment of consideration to the shareholders who have validly tendered Equity Shares under the Buy Back and whose Equity Shares have been accepted by the Company.

More Definitions of Special Account

Special Account means a managed account in which a financial adviser, trustee, or other person buys or sells Restricted Trading Securities for a Covered Person (or for a person in whose securities a Covered Person has a Beneficial Ownership interest), provided that the account meets the requirements described in Section D.2.f.(4).

Special Account means the account referred to in Section 2.02(b) of this Agreement;

Special Account means a specified cash collateral account maintained by a financial institution acceptable to the Lender in connection with Letters of Credit, as contemplated by Section 2.6.

Special Account means an account as defined for the purposes of Chapter 4A of Part 8 of the Jobseeker’s Allowance Regulations or Chapter 5 of Part 10 of the Employment and Support Allowance Regulations;

Special Account means the account maintained by the Company with a bank in Singapore for the purpose of crediting moneys paid by exercising Warrantholders in satisfaction of the Exercise Price in relation to the Warrants exercised by such exercising Warrantholders;

Special Account means any of the Special Accounts.

Special Account means one or more of the Special Accounts established in the Debt Service Reserve Fund by a Supplemental Resolution pursuant to the Second Resolution.