Subsidiary Accounts. (a) If, prior to the Commercial ------------------- Operation Date, OA&M Expenses and SG&A Expenses of a Subsidiary are due and payable, the Administrative Agent shall distribute to the Person entitled thereto, from amounts on deposit in such Subsidiary's Subsidiary Account, an amount equal to such OA&M Expenses and SG&A Expenses of such Subsidiary then due and payable to such Person. (b) The Administrative Agent shall, on each Monthly Expense Transfer Date, distribute, from amounts on deposit in each Subsidiary's Subsidiary Account, (i) directly to each Person to which an amount in excess of $200,000 is due and payable, the amount of OA&M Expenses and SG&A Expenses of such Subsidiary then due and owing and identified in Item 1 of the Expense Certificate delivered pursuant to Section 8.08(b) in respect of such date and (ii) to the Checking --------------- Account of such Subsidiary designated by the Borrower for the benefit of the Persons entitled thereto, all other OA&M Expenses and SG&A Expenses of such Subsidiary then due and owing and identified in Item 1 of such Expense Certificate. (c) The Administrative Agent shall distribute to the applicable Governmental Authority entitled thereto, from amounts on deposit in each Subsidiary's Subsidiary Account, the amount of taxes then due and payable by such Subsidiary (or required to be withheld from payments made by such Subsidiary) to such Governmental Authority as set forth in a certificate of such Subsidiary delivered to the Administrative Agent. (d) The Administrative Agent shall, on each Subsidiary Transfer Date, distribute to the Revenue Account, from amounts on deposit in each Subsidiary's Subsidiary Account, the amount of such Subsidiary's Subsidiary Transfer Payment due and payable on such date, as set forth in a certificate of the Borrower delivered to the Administrative Agent.

Subsidiary Accounts. 114 SECTION 8.21. Borrower Equity Proceeds Account............................ 115 SECTION 8.22.

Subsidiary Accounts. The Administrative Agent shall deposit all ------------------- capital contributions or loans, as the case may be, from the Borrower to any Subsidiary directly in the applicable Subsidiary Account from amounts on deposit in the Construction Account. The Administrative Agent will transfer all payments by the Borrower to any Subsidiary under any Intercompany Agreement directly to the applicable Subsidiary Account from amounts on deposit in the Revenue Account in accordance with Sections 8.07(b), 8.08(a), 8.08(b), 8.12(a) ---------------- ------- ------- ------- and 8.16(a). -------

Subsidiary Accounts. 114 SECTION 8.20. Release of Excess Amounts...................................................115 SECTION 8.21. Acceleration................................................................115 SECTION 8.22. Investment..................................................................115 SECTION 8.23. Value.......................................................................115 SECTION 8.24. Other Determinations........................................................116 SECTION 8.25. Sales of Permitted Investments..............................................116 SECTION 8.26. Available Cash..............................................................116 SECTION 8.27. Termination.................................................................116 SECTION 8.28. Rights of Sales Agent to Commissions........................................116 SECTION 8.29. Conflicts With Other Loan Documents.........................................116 SECTION 8.30. Checking Account............................................................117 SECTION 8.31. Purchaser Escrow Arrangements...............................................117 ARTICLE IXTHE ADMINISTRATIVE AGENT, OTHER AGENTS AND AGENT RELATED PERSONS

Subsidiary Accounts. The Bank Depository will provide to the City the following additional demand deposit accounts required to be maintained separately from the City's general funds: City of Joplin Health Insurance Account City of Joplin Flexible Spending Account Joplin Municipal Division Account City of Joplin Drug Forfeiture Account City of Joplin TIF EATS Account City of Joplin TIF PILOTS Account The Depository will also provide additional demand deposit accounts to the City as needed. All conditions and requirements applicable to existing subsidiary accounts will be applicable to any new accounts established during the term of the agreement. Such accounts will be provided with personalized and pre-numbered checks and deposit slips at no additional charge, and will be included in the total account analysis, with earnings credit given for collected balances and itemized charges compensated for through collected balance or fee payment through the primary demand deposit checking account. No accounts may be opened in the name of the City without the authorization of the Director of Finance or the City Manager. The rate of interest to be paid on ledger balances in these accounts will be the same as is paid on balances in the City's General Account.

Related to Subsidiary Accounts

Primary Accounts Borrower will maintain its primary depository and operating accounts with Bank.
Management Accounts The Management Accounts have been prepared in accordance with the same accounting principles and practices adopted for the Accounts and show a fair view of the assets and liabilities of the Company as the Management Accounts Date.
Operating Accounts (a) Maintain all of Borrower’s Collateral Accounts in accounts which are subject to a Control Agreement in favor of Collateral Agent, which Control Agreement must be in such form and substances as is reasonably acceptable to Collateral Agent (it being agreed and understood that the Control Agreements that Collateral Agent is entering into with respect to Borrower’s Collateral Accounts maintained with Bank of America on the Effective Date are not in such form and substance as is not reasonably satisfactory to Collateral Agent). (b) Borrower shall provide Collateral Agent five (5) days’ prior written notice before Borrower or any of its Subsidiaries establishes any Collateral Account. In addition, for each Collateral Account that Borrower at any time maintains, Borrower shall cause the applicable bank or financial institution at or with which such Collateral Account is maintained to execute and deliver a Control Agreement or other appropriate instrument with respect to such Collateral Account to perfect Collateral Agent’s Lien in such Collateral Account in accordance with the terms hereunder prior to the establishment of such Collateral Account, which Control Agreement must be in such form and substance as is reasonably satisfactory to Collateral Agent and may not be terminated without prior written consent of Collateral Agent. The provisions of the previous sentence and subsection (a) above shall not apply to (i) deposit accounts exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Collateral Agent by Borrower as such in the Perfection Certificates and (ii) BofA Credit Card Account so long as such account is maintained exclusively for the purpose of securitizing Borrower’s Indebtedness described in clause (g) of the definition of Permitted Indebtedness and the balance in such account does not exceed Three Hundred One Thousand Dollars ($301,000.00). (c) Neither Borrower nor any of its Subsidiaries shall maintain any Collateral Accounts except Collateral Accounts maintained in accordance with Sections 6.6(a) and (b); provided, however, Borrower may continue to maintain its Collateral Accounts, set forth on the Perfection Certificates on the Effective Date, with Bank of America; provided, further, that Borrower shall close all of its Collateral Accounts maintained with Bank of America on the Effective Date (other than the BofA Credit Card Account) and deliver to Collateral Agent evidence (in such form and substance as is reasonably acceptable to Collateral Agent) of closure of all of such Collateral Accounts within thirty (30) days after the Effective Date.
Fiduciary Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Xxxxxxxxx Education Savings Accounts, and 403(b) arrangements (such accounts, “Fiduciary Accounts”)), the Transfer Agent, at the request of the Fund, shall arrange for the provision of appropriate prototype plans as well as provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial services to be provided by State Street Bank and Trust Company (“State Street”), account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.
Separate Accounts If the Fund has more than one series or portfolio, the Bank will segregate the assets of each series or portfolio to which this Agreement relates into a separate account for each such series or portfolio containing the assets of such series or portfolio (and all investment earnings thereon). Unless the context otherwise requires, any reference in this Agreement to any actions to be taken by the Fund shall be deemed to refer to the Fund acting on behalf of one or more of its series, any reference in this Agreement to any assets of the Fund, including, without limitation, any portfolio securities and cash and earnings thereon, shall be deemed to refer only to assets of the applicable series, any duty or obligation of the Bank hereunder to the Fund shall be deemed to refer to duties and obligations with respect to such individual series and any obligation or liability of the Fund hereunder shall be binding only with respect to such individual series, and shall be discharged only out of the assets of such series.
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.
Intercompany Accounts 6 Section 3.05.
Depository Accounts Except to the extent that Manager has not complied with its obligations under Sections 2.4 and 5.2, Owner and Manager agree that Manager shall have no liability for loss of funds of Owner contained in the bank accounts for the Property maintained by Owner or Manager pursuant to this Agreement due to insolvency of the bank or financial institution in which its accounts are kept, whether or not the amounts in such accounts exceed the maximum amount of federal or other deposit insurance applicable with respect to the financial institution in question.
Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.
Discretionary Accounts In the case of a Registered Offering of Securities issued by an Issuer that was not, immediately prior to the filing of the Registration Statement, subject to the requirements of Section 13(d) or 15(d) of the 1934 Act, you will not make sales to any account over which you exercise discretionary authority in connection with such sale, except as otherwise permitted by the applicable AAU for such Offering.

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