Permitted Accounts definition

Permitted Accounts is defined in Section 6.8(a).

Permitted Accounts has the meaning specified in Section 8.17.

Permitted Accounts is defined in the definition of Excluded Accounts.

Examples of Permitted Accounts in a sentence

• Tax InformationCurrently, Permitted Accounts generally are not subject to federal income tax on any Fund distributions.

• Permitted Accounts may place orders on any business day to purchase and redeem shares of the Fund based on instructions received from owners of variable contracts or IRAs, or from participants of retirement plans or college savings programs.

• MCC and MCA- Zambia also may mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC.

• The Fiscal Accountability Plan will also include, among other things, requirements with respect to (a) budgeting, (b) accounting, (c) cash management, (d) financial transactions (receipts and payments), (e) opening and managing Permitted Accounts, (f) personnel and payroll, (g) travel and vehicle use, (h) asset and inventory control, (i) audits and (j) reporting.

• The terms and operation of the Permitted Accounts will be set forth in the Fiscal Accountability Plan and the Bank Agreement.

More Definitions of Permitted Accounts

Permitted Accounts means the accounts as detailed in Schedule XI. “Permitted Indebtedness” shall mean:

Permitted Accounts means deposit accounts, securities accounts or commodities accounts of any Pledgor; provided that the aggregate balance in all such accounts does not exceed $2,000,000.

Permitted Accounts is defined in Section 6.5(a) of this Agreement. 7 The Loan Agreement shall be amended by deleting the following definition appearing in Section 13.l thereof:

Permitted Accounts means the (i) Depository Account and (ii) account no. 00000000 maintained by the Adviser (or an Affiliate thereof) at the Transfer Agent and any extensions or renewals of the foregoing, if such account is or which may be extended or renewed, and any successor or substitute accounts; provided that, in the case of clause (ii), such account shall cease to be a Permitted Account if it is no longer subject to standing instructions for the Transfer Agent to move funds in respect of the Capital Contributions of the Investors in Borrower to the Depository Account promptly upon receipt into such account.

Permitted Accounts means any deposit or securities account of a Project SPE which is subject to an Account Agreement as contemplated herein. For the avoidance of doubt, any deposit or securities account of a Project SPE that is not subject to an Account Agreement shall be deemed not to qualify as a Permitted Account.

Permitted Accounts means the accounts listed in Schedule 7 (Permitted Accounts), those accounts required to be opened by the Borrower under Clause 23 (Accounts and Payments) and/or such other accounts agreed with the Off Shore Facility Agent pursuant to Clause 24.22 (Bank accounts).

Permitted Accounts means, collectively, (i) the deposit, checking, operating and other bank accounts listed on Schedule 4.15, (ii) payroll and petty cash accounts opened in the ordinary course of business wxxx xmprest balances not to exceed $7,500 for each such account, (iii) all other deposit, checking, operating and other bank accounts established after the Effective Date with the prior written consent of the Required Banks, (iv) the Cash Collateral Account established pursuant to the Borrower Security Agreement and (v) the Cash Collateral Account established pursuant to the Subsidiary Security Agreement.