Establishment of Project Accounts. Each of the Project Accounts shall have been established to the reasonable satisfaction of the Administrative Agent.
Establishment of Project Accounts. The Accounts Bank has established and maintains, in the name of the Borrowers’ Agent and on the books and records of the Accounts Bank’s offices located in Amarillo, Texas the accounts set forth below:
(a) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Revenue Account”, Account No. 128864 (the “Revenue Account”);
(b) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Operating Account”, Account No. 128872 (the “Operating Account”);
(c) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Maintenance Capital Expense Account”, Account No. 128880 (the “Maintenance Capital Expense Account”);
(d) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Debt Service Reserve Account”, Account No. 129070 (the “Debt Service Reserve Account”);
(e) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Madera Insurance and Condemnation Proceeds Account”, Account No. 129097 (the “Madera Insurance and Condemnation Proceeds Account”);
(f) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Bxxxxxxx Insurance and Condemnation Proceeds Account”, Account No. 129100 (the “Bxxxxxxx Insurance and Condemnation Proceeds Account”);
(g) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Stockton Insurance and Condemnation Proceeds Account”, Account No. 129119 (the “Stockton Insurance and Condemnation Proceeds Account”);
(h) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Bxxxxx Insurance and Condemnation Proceeds Account”, Account No. 129135 (the “Bxxxxx Insurance and Condemnation Proceeds Account”); and
(i) a special, segregated, Dollar-denominated account entitled “Amarillo Control - Pacific Ethanol Holding Co. LLC Extraordinary Proceeds Account”, Account No. 129143 (the “Extraordinary Proceeds Account”).
Establishment of Project Accounts. The Subrecipient shall maintain Project accounts in accordance with generally accepted government accounting standards and any instructions issued by the County.
Establishment of Project Accounts. (a) On or prior to the Closing Date, the Accounts Bank shall establish and maintain, in the name of the Lender and on the books and records of the Accounts Bank at the offices of the Accounts Bank, the accounts listed in Exhibit A.
(b) The Lender may direct the Accounts Bank to establish and maintain additional Project Accounts and sub-accounts within the Project Accounts from time to time consistent with the terms of the Credit Agreement and the other Financing Documents; provided, that for so long as no Event of Default has occurred and is continuing, no additional Project Accounts and subaccounts may be established without the Borrower’s prior written consent.
Establishment of Project Accounts. The Recipient shall maintain Project accounts in accordance with generally accepted government accounting standards and any instructions of the Corporation.
Establishment of Project Accounts. Each of the Project Accounts shall have been established.
Establishment of Project Accounts. The Collateral Agent hereby confirms that it has established with the Depositary Bank at its office at the address listed in Section 7.4, New York, New York, the following special, segregated accounts (the "PROJECT ACCOUNTS"):
(i) Construction Account;
(ii) Revenue Account;
(iii) Operating and Maintenance Account;
(iv) Debt Service Reserve Account;
(v) DSR LOC Reimbursement Fund;
(vi) PPA LOC Reimbursement Fund;
(vii) Restoration Account;
(viii) Major Maintenance Reserve Account;
(ix) Fuel Conversion Payment Volume Rebate Account;
(x) Subordinated Debt Account; and
Establishment of Project Accounts. 13 SECTION 3.2 INVESTMENT OF FUNDS IN THE PROJECT ACCOUNTS.......................................................14 SECTION 3.3
Establishment of Project Accounts. The Collateral Agent hereby confirms that it has established with the Depositary Bank at its office at the address listed in Section 7.4, New York, New York, the following special, segregated accounts (the “Project Accounts”):
(i) Revenue Account;
(ii) Operating and Maintenance Account;
(iii) Debt Service Reserve Account;
(iv) Restoration Account;
(v) Major Maintenance Reserve Account;
(vi) Fuel Conversion Payment Volume Rebate Account;
(vii) Subordinated Debt Account; and
Establishment of Project Accounts of the Amended Credit Agreement.
