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.
Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.
Billing Account is the checking account from which all Service fees will be automatically debited.
Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.
Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.
Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.
Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.
Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.
Concentration Account has the meaning provided in Section 6.13(c).
Project Account means the account referred to in Section 3.04 (a) of this Agreement;
Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.
Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.
Holding Account means an account:
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.
Completion Accounts means the consolidated balance sheet of the Target Group as at the close of business on the date of Completion and a consolidated profit and loss account of the Target Group for the period from the Last Accounts Date up to and including the date of Completion, which shall be prepared in accordance with Schedule 5.
Funding Accounts has the meaning assigned to such term in Section 4.01(h).
Dominion Account a special account established by Borrowers at Bank of America or another bank acceptable to Agent, over which Agent has exclusive control for withdrawal purposes.
Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.
Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.
Concentration Account Agreement as defined in subsection 4.16(b).
Account Opening / Investment Account Opening Form means standardized form prescribed by the Management Company to be duly filled by the investors at the time of opening an account with the Fund.
Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.
Concentration Accounts has the meaning ascribed to it in Annex C.
Funding Account has the meaning assigned to such term in Section 4.01(h).
Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.
the We Love Manchester Emergency Fund means the registered charity of that name (number 1173260) established on 30th May 2017;