Deferred Revenue Account definition

Deferred Revenue Account means the account on the consolidating balance sheet of the Borrower associated solely with the change in revenue recognition by Loyalty Management as required by the Securities and Exchange Commission of the United States of America.
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Deferred Revenue Account is defined in Section 3.1(b) of the Agreement.
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Deferred Revenue Account means the deferred revenue of the Borrowers shown on Borrowers' balance sheet which consists of customer advances, including, without limitation, customer advances for which Borrowers have not placed a corresponding order to the publisher/vendor. The Deferred Revenue Account shall be determined on a basis consistent with Borrowers' accounting practices utilized in the Financials delivered to the Bank prior to the date hereof.
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Examples of Deferred Revenue Account in a sentence

  • The PSP extension Agreement provides for a stricter definition and limitation of exogenous events and costs that can be recovered through the Deferred Revenue Account.

  • Deferred Revenue Account (“DRA”): The Company will establish a Deferred Revenue Account during the Term of the Agreement.

  • The ERI-2 Settlement Agreement further states that any earnings in excess of 10.7% (as modified), excluding the Company’s incentive portion of non-firm margins will be credit to the Deferred Revenue Account (id.).

  • The 2013 $1,012,866 fund balance does not include the Tabor Restricted Fund Balance, the committed fund balance for Barr Trail Maintenance of $125,847, nor the Assigned fund Balance to Imaging Technology for the Police Department of $34,119 which had been previously recorded in a Deferred Revenue Account.

  • RES – Transfer, Budget and Appropriate $39,450.94 from the Broad Run Watershed Deferred Revenue Account to the Stormwater Management Drainage Major Maintenance Budget for Costs Incurred on the Trenton Court Drainage Improvement Project – Gainesville Magisterial District – Tom Bruun – Public Works 8.

  • Currently at many of the Nation’s and physical presence of drivers, potentially busiest ports, commercial vehicle drivers allowing them to be off-duty during the must wait in slow-moving queues for hours loading and unloading process.

  • The under-collection in the deferred gas account was not only reduced by a $500,000 contribution from shareholders but also by a transfer of $795,600 from the Deferred Revenue Account to the deferred gas cost account.

  • Such Quality Culture, being directly related to external funding mechanisms that could not be opposed or disputed by the universities, was in a sense forced upon the universities but at the same time provided the motivation for generating broader internal assessment procedures.Analogous conditions do not apply to the other functions of the universities, such as teaching and management, or even to the part of the research that is not supported by external funding.

  • The impact of this complaint on the Company’s financials is ₹ 5.10 million, which has been adequately provided in the Restated Consolidated Financial Information.

  • NEG-1, at 2.Under the terms of the ERI-2 Settlement, the Company was required to establish a Deferred Revenue Account (the “DRA”), the balance of which would be credited or debited to customers upon the expiration of the ERI-2 Settlement (ERI-2 Settlement Agreement, Section II.(1).

Related to Deferred Revenue Account

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

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

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Expense Account The account established pursuant to Section 10.3(c).

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • 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.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

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

  • Finance Charge Account is defined in Section 4.9(a).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class A( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.