Other Accounts and Subaccounts Sample Clauses

Other Accounts and Subaccounts. In addition to the Bonds Debt Service Accounts, the Bond Proceeds (Costs of Issuance) Subaccount, the Bond Proceeds (Project Costs) Subaccount, the Bonds Debt Service Reserve Account, the Bonds Redemption Account and the Rebate Account, the MSA establishes certain other accounts and subaccounts (the “Other Accounts and Subaccounts”) related to the TIFIA Phase 1 Loan, the TIFIA Phase 2 Loan, the Assumed Subordinated Loan, the Cash Interest Subordinated Loan, the [Equity Commitment Amount,] the Interim Capital Payments (as defined in the Concession Agreement), and the Phase 2 Work including but not limited to the following: (A) Distribution Account; (B) Cash Reserve Account; (C) Distribution Account; (D) Equity Lock-Up Account; (E) Equity Subaccount; (F) Handback Requirements Reserve Account; (G) HPTE Capital Subaccount; (H) HPTE Cashflow Share Account; (I) HPTE Cashflow Sharing Account; (J) Joint Insurance Account; (K) Loss Proceeds Account; (L) Major Maintenance Reserve Account; (M) O&M Reserve Account; (N) Project Account; (O) Project O&M Account; (P) Project Proceeds Account; (Q) Project Revenue Subaccount; (R) Ramp Up Reserve Account; (S) Sinking Fund Account; (T) Subordinated Debt Subaccount; (U) Subordinated Loan Debt Service Account; (V) Subordinated Loan Lock-Up Account; (W) Subordinated Loan Prepayment Account; (X) Subordinated Loan Restricted Payment Account; (Y) Termination Compensation Subaccount; (Z) TIFIA Phase 1 Debt Service Account; (AA) TIFIA Phase 1 Debt Service Reserve Account; (BB) TIFIA Phase 1 Loan Prepayment Account; (CC) TIFIA Phase 1 Revenue Share Account; (DD) TIFIA Phase 2 Debt Service Account; (EE) TIFIA Phase 2 Debt Service Reserve Account; (FF) TIFIA Phase 2 Loan Subaccount; (GG) TIFIA Phase 2 Loan Prepayment Account; and (HH) TIFIA Phase 2 Revenue Share Account. None of the Issuer or the Concessionaire expect that amounts deposited in any of the Other Accounts and Subaccounts will be used to pay principal of or interest on the Series 2014 Loan or the Series 2014 Bonds, and there is no assurance that any such amounts will be available to pay debt service on the Series 2014 Loan or the Series 2014 Bonds if the Concessionaire encounters financial difficulties. Amounts that are not Gross Proceeds of the Series 2014 Bonds and that are deposited in the Other Accounts and Subaccounts may be invested without regard to investment yield limitation.
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Related to Other Accounts and Subaccounts

  • Other Accounts On the date of withdrawal of any Deposit, the Escrow Agent, or the Pass Through Trustee on behalf of the Escrow Agent, shall be entitled to re-deposit with the Depositary any portion thereof and the Depositary shall accept the same for deposit hereunder. Any sums so received for deposit shall be established as a new Deposit and credited to a new Account, all as more fully provided in Section 2.1 hereof, and thereafter the provisions of this Agreement shall apply thereto as fully and with the same force and effect as if such Deposit had been established on the Deposit Date except that (i) such Deposit may not be withdrawn prior to the date seven days after the establishment thereof and (ii) such Deposit shall mature on June 15, 2000 (as such date may be extended from time to time to the fifteenth day after the Delivery Period Termination Date) and bear interest as provided in Section 2.2. The Depositary shall promptly give notice to the Escrow Agent of the account number assigned to any such re-deposit.

  • PJM E-Accounts Buyer and Seller shall work with PJM to establish any PJM E-Accounts necessary for Seller to provide Full Requirements Service. In a timely manner, Xxxxx shall establish PJM E-Account contract(s) for the entire duration of the Transaction(s) and Seller shall confirm the PJM E-Account contract(s) for the entire duration of the Transaction(s).

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Withdrawals from Accounts Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

  • Individual Accounts An individual account is an account owned by one depositor including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate or payable on death (“POD”) beneficiary, if applicable.

  • Checking Accounts The Credit Union may refuse any check or other item drawn against your account or used to withdraw funds from your account if it is not on a form approved by us. We also reserve the right to refuse any check or other item drawn against your account or used to withdraw funds from your account if made in a manner not specifically authorized for your account, if made more frequently or in a greater number than specifically permitted for your account, or if made in an amount less than the minimum withdrawal or transfer specifically permitted for your account. If we accept a check or other item not on a form approved by us, you will be responsible for any loss by us in handling the item. We may pay checks or other items drawn upon your account in any order determined by us, even if paying a particular check or item results in an insufficient balance in your account to pay one or more other items that otherwise could have been paid out of your account. Because of the nature of the Credit Union check program, neither the Credit Union nor any other processing entities shall be responsible for the authenticity of the checks with regard to the signature or alterations; and checks, when presented, shall be paid without verification. We may disregard all information on or any writing or memorandum attached to any check or item except for your signature, the amount and the information that is magnetically encoded. You agree that we do not fail to use ordinary care because our procedures do not provide for sight examination. You will notify us immediately if you learn or have reason to know that any of your checks have been lost or stolen. If you are negligent in safeguarding your checks or if there is a processing problem due to your use of a check printer we do not approve, we will not have any liability or responsibility for any losses you incur as a result if we act in good faith pursuant to standard commercial practices.

  • Business Accounts If you are a business, any authorized user of your business is authorized on such terms, conditions, and agreements as we may require to: • enter into this Agreement, as amended from time to time; • access each account of yours in any manner and for any purpose available through the Service, whether now available or available at some time in the future; and • use any Online banking service in any manner and for any purpose available through the Service, whether now available or available at some time in the future.

  • Audit Rights Period for All Other Accounts and Records Accounts and records related to a Party’s performance or satisfaction of its obligations under this Agreement other than those described in Article 25.4.1 of this Agreement shall be subject to audit as follows: (i) for an audit relating to cost obligations, the applicable audit rights period shall be twenty-four months after the auditing Party’s receipt of an invoice giving rise to such cost obligations; and (ii) for an audit relating to all other obligations, the applicable audit rights period shall be twenty-four months after the event for which the audit is sought.

  • Certain Savings Accounts 1. An account established and maintained in the Slovak Republic that satisfies any of the following:

  • Joint Accounts If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and share draft or loan accounts as provided in this Agreement. Each joint account owner, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, make any transaction permitted under this Agreement. Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

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