Rent Account definition

Rent Account means one or more Eligible Account(s) maintained in a bank acceptable to Lender in the joint names of Lender and Borrower.

Rent Account means the account referred to in clause 9.1 and any account which replaces it from time to time with the prior written consent of the Lender

Rent Account means an Eligible Account, maintained at the Rent Account Bank, in the joint names of Xxxxxx and Lender or its successors or assigns (as secured party) as may be designated by Xxxxxx.

Examples of Rent Account in a sentence

• Following the enforcement of the Partnership Level Security, the Partnership Rent Account will operate in accordance with the instructions of the Partnership Security Trustee or, as the case may be, any receiver appointed under the relevant Partnership Security Document.

• Minimum Rent Account is not opened when royalty is equal to minimum rent or more than minimum rent.

• Recovery from Council Rent Account credit Where a Council tenant has an outstanding overpayment and their rent account is in credit the debt can be transferred into the rent account (providing the credit is not the result of prepayment of rent).

• Fund Sources:Washington State Home Security Fund, Affordable Housing for All Fund, Transitional Housing Operating and Rent Account, Homeless Housing Program authorized by RCW 43.185C.

• In the cases where a deceased tenant with a TAR balance that has been prorated for the month and cannot be collected, this balance should be reversed against current year Shelter Rent Account 3110 and not carried as a vacated balance.Note: the future TAR application will require detailed reporting of write-offs (overall and by program).

More Definitions of Rent Account

Rent Account means a depositary account in the name of a Borrower maintained at a Borrower Rent Account Bank into which tenants have been instructed to deposit rents, which may include a consolidated account across all Borrowers, provided that such consolidated account does not contain funds from any party that is not a Borrower.

Rent Account means the account designated as such under the terms of this Agreement and opened and maintained by the Company pursuant to Clause 14 (Bank Accounts).

Rent Account means any account referred to in Clause 21.1.2 (Bank Accounts) and includes any replacement account or sub-division of that account.

Rent Account means the “Rent Account” established by the Depositary pursuant to the Depository Agreement.

Rent Account means the account on which SunMoney records the Rent payable to the Distributor

Rent Account means the Borrower Rent Account, Seller 2 Rent Account and PropCo Rent Account and each of them.

Rent Account as defined in Section 2.1(b)(iv).