Program Account means the account in the name of the Governmental Unit established pursuant to the Indenture and held by the Trustee for the deposit of the net proceeds of the Loan Agreement for disbursal to the Governmental Unit for payment of the costs of the Project.
Program Account means a budget account that receives and obligates appropriations to cover the subsidy cost of a direct loan or loan guarantee and disburses the subsidy cost to the financing account. Program accounts usually receive a separate appropriation for administrative expenses.
Program Account means the account we establish in your name for recording points for the purposes of these terms and conditions.
Examples of Program Account in a sentence
Participant is solely responsible for all activities that occur under the Program Account except in cases where RingCentral has breached these Terms.
More Definitions of Program Account
Program Account means the account in the name of the Governmental Unit established pursuant to the Indenture and held by the Trustee for the deposit of the net proceeds of this Loan Agreement for disbursal to the Governmental Unit for payment of the costs of the Project.
Program Account means a separate account maintained for each participant reflecting applicable contributions, applicable forfeitures, investment income or loss as well as administrative and investment expenses allocated to each participant and distributions paid from the account.[PL 2015, c. 352, §1 (NEW).]
Program Account means the account by that name established by Section 301 of the Master Trust Indenture.
Program Account means such account identified by Administrative Agent in writing.
Program Account means the account set forth in Section 9 hereof.
Program Account means an individual participating trust account established pursuant to the program.