Contribution Account. The Trustee shall, on or prior to the Closing Date, establish at the Custodian a single, segregated, securities account which shall be held in the name of the Trustee as Entitlement Holder in trust for the benefit of the Secured Parties, which shall be designated as the "Contribution Account" (the "Contribution Account"), which shall be maintained by the Issuer with the Custodian in accordance with the Securities Account Control Agreement. At any time during or after the Reinvestment Period, any Holder of Subordinated Notes may (i) make a contribution of Cash or (ii) by notice to the Collateral Manager and the Trustee no later than four Business Days prior to the applicable Distribution Date, designate any portion of Interest Proceeds or Principal Proceeds that would otherwise be distributed on such Subordinated Notes in accordance with the Priority of Distributions, for contribution to the Issuer (each, a "Contribution" and each such Holder, a "Contributor"). The Collateral Manager, on behalf of the Issuer, may accept or reject any Contribution in its reasonable discretion and shall notify the Trustee of any such acceptance; provided that in the case of clause (ii) of the definition of "Contribution," such notice must be provided no later than two Business Days prior to the applicable Distribution Date. Each accepted Contribution shall be received into the Contribution Account. If a Contribution is accepted, the Collateral Manager, on behalf of the Issuer, shall apply such Contribution to a Permitted Use as directed by the Contributor at the time such Contribution is made or, if no direction is given by the Contributor, at the Collateral Manager's reasonable discretion. No Contribution or portion thereof shall be returned to the Contributor at any time (other than by operation of the Priority of Distributions). Any income earned on amounts deposited in the Contribution Account shall be deposited in the Interest Collection Account as Interest Proceeds. For the avoidance of doubt, any amounts deposited into the Contribution Account pursuant to clause (ii) of the definition of "Contribution" shall be deemed for all purposes as having been paid to the Contributor pursuant to the Priority of Distributions.
Contribution Account. In accordance with this Indenture and the Securities Account Control Agreement, the Issuer shall, prior to the Closing Date, cause the Collateral Trustee to establish at the Custodian a single, segregated non-interest bearing account held in the name of the Issuer, subject to the lien of the Collateral Trustee, which shall be designated as the Contribution Account, which shall be maintained with the Custodian in accordance with the Securities Account Control Agreement. Each Cash Contribution will be received into the Contribution Account, and the Collateral Manager, on behalf of the Issuer, will apply such Contribution to the Permitted Use directed by the applicable Contributor at the time such Contribution is made (or, if no such direction is given by the Contributor, at the direction of the Collateral Manager in its sole discretion). No Contribution or any portion thereof will be returned to the Contributor at any time. Any income earned on amounts deposited in the Contribution Account will be deposited in the Interest Collection Subaccount as Interest Proceeds.
Contribution Account. In accordance with this Indenture and the Securities Account Control Agreement, the Issuer shall, prior toon the Closing Date, cause caused the Collateral Agent to establish at the Custodian a single, segregated non-interest bearing account held in the name of the Issuer, subject to the lien of this Indenture, which shall beis designated as the Contribution Account, which shall be maintained with the Custodian in accordance with the Securities Account Control Agreement. Each Cash Contribution will be received into the Contribution Account, and the Collateral Manager, on behalf of the Issuer, will apply such Contribution to the Permitted Use directed by the applicable Contributor at the time such Contribution is made, so long as the Collateral Manager consents to such Permitted Use or Permitted Uses (or, if no such direction is given by the Contributor, at the direction of the Collateral Manager in its sole discretion) and will not in any event be subsequently applied to any other Permitted Use. No Contribution or any portion thereof will be returned to the Contributor at any time. Any income earned on amounts deposited in the Contribution Account will be deposited in the Interest Collection Subaccount as Interest Proceeds.
Contribution Account. (1) The Trustee will establish a separate journal account for each of the FPT Governments (a “Contribution Account”).
(2) The amount standing to the credit of a Contribution Account of an FPT Government as at any time will be the Contribution Account Balance of such FPT Government as at such time.
Contribution Account. A Contribution Account shall be established on the books of the Partnership for each Partner, other than LEAAF Partners in respect of their LEAAF Partnership Interests. Each such Contribution Account shall be credited (increased) with the amount of the respective Partner's contributions to the Partnership as and when made, with property contributed in kind being valued in accordance with Section 4.6(c) hereof. The balance of each Partner's Contribution Account shall be debited (reduced) by the amounts distributed to such Partner pursuant to Section 6.2(d) or Section 12.2 of this Agreement.
Contribution Account. A Participant’s rights to his Section 401(k) Contribution Account shall be nonforfeitable at all times.
Contribution Account. At any time, the Collateral Manager may direct the Trustee to apply amounts on deposit in the Contribution Account (as directed by the related Contributor or, if no direction is given by the Contributor, as directed by the Collateral Manager in its sole discretion) to one or more Permitted Uses.
Contribution Account. Beginning January 1, 2000 and ending December 31, 2000, a loan shall be withdrawn on a pro rata basis from a borrower's Employee 401(k) Contribution Account, Rollover Account and Employer Match Account.
Contribution Account. In accordance with this Indenture and the Account Agreement, the Trustee shall, on or prior to the Closing Date, establish at the Custodian a single, segregated non-interest bearing account, which will be held in the name of U.S. Bank National Association, as Trustee, for the benefit of the Secured Parties, which will be designated as the “Contribution Account” and which will be held by the Custodian in accordance with the Account Agreement. In addition, the proceeds of an additional issuance of Subordinated Notes and/or Junior Mezzanine Notes may be deposited in the Contribution Account for application to a Permitted Use, at the direction of the Collateral Manager. At any time any Holder of Subordinated Notes (other than a Benefit Plan Investor) may, upon written notice substantially in the form of Exhibit G (each such notice, a “Contribution Notice”) to the Trustee and the Collateral Manager and with the consent of the Collateral Manager, (i) make a contribution of Cash to the Issuer or (ii) solely in the case of Holders of Subordinated Notes in the form of Certificated Notes or the holders of 100% of
Contribution Account. The Company shall maintain for accounting -------------------- purposes the following memorandum account ("Contribution Account") for each Member. The initial balance of such account shall be the Member's Initial Capital Contributions set forth in Section 3.1. The balance of such account shall be increased by, and as of the date of, each additional Capital Contribution made by such Member. The balance of the Contribution Account of each Member shall be decreased by any Distributions to such Member under Sections 6.4(b) and 10.5.
