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;
Unrestricted Account means the Account maintained by the Trustee for an Accountholder pursuant to section 8(a)(ii) hereof.
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.
Examples of Unrestricted Account in a sentence
In addition, each Loan Party shall use commercially reasonable efforts to enter into a Control Account Agreement with respect to any new deposit account or securities account (other than any Unrestricted Account), in each case within 120 days (or such longer period as the Administrative Agent may reasonably agree) after such account is established.
More Definitions of Unrestricted Account
Unrestricted Account shall have the meaning set forth in Section 5.11(a).
Unrestricted Account means the Unrestricted Account of the Project Fund created pursuant to Section 4.07 hereof.
Unrestricted Account has the meaning assigned to such term in Section 5.16.
Unrestricted Account means an account established by the Partnership which shall be funded with amounts withdrawn from the Partnership Distribution Fund and otherwise available to the Partnership.
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.
Unrestricted Account means the Account so designated, which is created and established in the Surplus Fund of the General Bond Resolution.
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.