Working Capital Reserve Account means a segregated trust or custodial account established and maintained at a branch of the Paying Agent (as the “Working Capital Reserve Account” defined therein) for purposes of holding and disbursing the Working Capital Reserve in accordance with, and for the purposes set forth in, the Custodial and Paying Agency Agreement and this Agreement.

Working Capital Reserve Account has the meaning set forth in Section 2.13(d) hereof.

Working Capital Reserve Account. An account of the Partnership at the same financial institution as the Custodial Account administered by the Custodian.

Examples of Working Capital Reserve Account in a sentence

No funds from any other source (other than interest or earnings on the Asset Proceeds, funds transferred from the Working Capital Reserve Account, the proceeds of Excess Working Capital Advances and other funds expressly permitted to be deposited into the Collection Account pursuant to the Custodial and Paying Agency Agreement) may be commingled in the Collection Account.
Except as otherwise directed by the Manager, the Servicer must not cause (and must ensure that no Subservicer causes) funds from any other source (other than interest or earnings on the Working Capital Reserve) to be commingled in the Working Capital Reserve Account (it being understood that deposits into such Working Capital Reserve Account must be made only pursuant to the Custodial and Paying Agency Agreement and the LLC Operating Agreement).

More Definitions of Working Capital Reserve Account

Working Capital Reserve Account means the account with Bank into which all funds disbursed as Working Capital by Lender pursuant to this Agreement shall be placed.

Working Capital Reserve Account has the meaning given in the Custodial and Paying Agency Agreement.

Working Capital Reserve Account has the meaning provided in Section 5.3(n)(i)(B).

Working Capital Reserve Account has the meaning given in Section 1.1 of the Depositary Agreement.

Working Capital Reserve Account shall have the meaning assigned to such term in the Mortgage Loan Agreement or such comparable account as shall be established under this Agreement in accordance with Section 7.1 hereof.

Working Capital Reserve Account shall have the meaning set forth in Section 8.5.1.

Working Capital Reserve Account means the special account designated by that name established by the Depositary Agent pursuant to Section 2.5 and all sub-accounts therein.