Examples of Eligible Accounts in a sentence
Eligible Accounts include the following types: checking, money market, and time deposits.
At the direction of the Manager, the Servicer will (itself or through applicable Subservicers) establish and maintain such other Eligible Accounts (as Company Accounts) as may be directed by the Manager, each of which will be held in trust for the benefit of the Company, and must be funded and disbursed only in accordance with such instructions as are provided by the Manager (“Other Company Accounts”).
Nothing permitted by this Section 5.16, however, may be construed to alter in any the criteria for Eligible Accounts, Eligible Equipment, Eligible Unappraised Equipment, Eligible Rolling Stock, Eligible Unappraised Rolling Stock or Eligible Costs in Excess of Billings provided in Section 1.1.