Unrestricted Account definition

Unrestricted Account means an IIM account where the Indian account holder may determine the timing of and amount of disbursements from the trust account;
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Unrestricted Account means the Account maintained by the Trustee for an Accountholder pursuant to section 8(a)(ii) hereof.
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Unrestricted Account means a bank account, if any, maintained by the Issuer in Brazil in which no funds may be deposited except for the proceeds of Restricted Payments the realization of which is permitted under this Deed and the CTA, the details of which must be provided to the Inter-Creditors Agent by the Issuer in writing prior to or concurrently with the opening of such account, but, in any event, at least five (5) Business Days before such account receives any transfer or deposit.
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Examples of Unrestricted Account in a sentence

  • It comes from being 5% of the Unrestricted Account average balance over the prior 12 calendar quarters.

  • Portfolio Allocation Unrestricted Account Restricted Account2017 2016 20172016Equities67.6%61.7%54.5%51.2%Fixed Income29.1%29.4%42.2%40.6%Real Estate0%4.9%0%3.9%Tangible Assets2%2.1%2%2.0%Cash1.3%1.9%1.2%2.3% No legacies were recorded in 2017.

  • The Trustee shall establish and hold the Repair and Replacement Fund for the financial benefit of the Project and shall deposit into the accounts therein such amounts specified in Section 5.4 on the Closing Date and thereafter into the Unrestricted Account thereof the amounts specified in Section 5.4 and in Section 5.7(g).

  • Any changes in the purpose of the Endowment or in the proportion of Endowment funds or the Unrestricted Account that may be made available for expenditure by the Society shall require a two-thirds vote of those members of the Executive Council present and comprising a quorum of at least half of the voting members of the Executive Council.

  • On or prior to the end of each fiscal quarter of the Company, the Board (defined below) will determine the amount of funds necessary for the ongoing operation of the Company that will be transferred from the Joint Account to the Unrestricted Account, such determination to be made based on the business results of the current quarter and the budget and business plan for the following quarter.

  • The Unrestricted Account of the Society shall be maintained as an unrestricted capital account in accordance with generally accepted accounting principles.

  • A specified proportion of the value of the investments, as determined by the Committee on Budget and Finance, subject to the approval of the Executive Council, shall be included as operating income for purposes of the annual budget, but any changes in the proportion of the Endowment funds or the Unrestricted Account to be used for such purposes shall be subject to the voting requirement in paragraph 5(c) below.

  • The Trustee shall also accept for deposit into the Unrestricted Account of the Repair and Replacement Fund, any other moneys delivered from time to time by the Borrower, including, without limitation, transfers from the Surplus Fund, with directions for deposit to such account of the Repair and Replacement Fund.

  • On the Closing Date, each Tranche A Lender shall deposit into the Tranche A Unrestricted Account an amount equal to an amount equal to the Tranche A-1 Receivables Formula Amount or the Tranche A-2 Receivables Formula Amount, as applicable.

  • These terms are defined in SD 318 as follows: • Unrestricted (Account Code 5601) - Unrestricted contributions may be used for any purpose because they are received without donor-imposed restrictions on their use.


More Definitions of Unrestricted Account

Unrestricted Account means an account of either of the Borrowers maintained outside of Mexico that is not an Account, and does not constitute Collateral and is not otherwise subject to the provisions applicable to Accounts under the Loan Documents as notified by the Borrowers to the Lender from time to time.
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Unrestricted Account means an account established by the Partnership which shall be funded with amounts withdrawn from the Partnership Distribution Fund and otherwise available to the Partnership.
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Unrestricted Account shall have the meaning set forth in Section 5.11(a).
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Unrestricted Account means the Account so designated, which is created and established in the Surplus Fund of the General Bond Resolution.
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Unrestricted Account means an account of the Issuer with an Acceptable Bank which may only be funded with Distributable Cash, within twenty days of the Debt Service Payment Date on which such Distributable Cash could have been, but was not, distributed as a Restricted Payment pursuant to Section 10.6 of the NPA.
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Related to Unrestricted Account

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • Unrestricted Cash means cash or cash equivalents of the Borrower or any of its Subsidiaries that would not appear as “restricted” on a consolidated balance sheet of the Borrower or any of its Subsidiaries.

  • Qualified Account means either (a) a segregated account (including a securities account) with a Qualified Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the States thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Note Rating Agency in one of its generic rating categories which signifies investment grade.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Unrestricted Global Security means a Global Security that is not a Transfer Restricted Security.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Unrestricted Global Note means a permanent Global Note, substantially in the form of Exhibit A attached hereto, that bears the Global Note Legend and that has the “Schedule of Exchanges of Interests in the Global Note” attached thereto, and that is deposited with or on behalf of and registered in the name of the Depositary, representing Notes that do not bear the Private Placement Legend.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Unrestricted Cash and Cash Equivalents means, as of any date of determination, the sum of the aggregate amount of Cash and Cash Equivalents (valued at fair market value) which is Unrestricted. As used in this definition, “Unrestricted” means the specified asset is not subject to any escrow, cash trap, reserves, Liens (other Liens permitted under Section 10.5) or claims of any kind in favor of any Person.

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • 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.

  • Investment Account As defined in Section 3.12(a).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Series Accounts means, collectively, the Finance Charge Account, the Principal Account, the Principal Accumulation Account, the Distribution Account, the Reserve Account and the Spread Account.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Collection Accounts As defined in Section 3.10(a).