TAX-EXEMPT INDENTURE ACCOUNTS Sample Clauses

TAX-EXEMPT INDENTURE ACCOUNTS. Establishment of Tax-Exempt Indenture Securities Account..................................... 22 SECTION 4.2. Payments into Tax-Exempt Indenture Securities Account............................................. 22
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TAX-EXEMPT INDENTURE ACCOUNTS. SECTION 4.1. Establishment of Tax-Exempt Indenture Securities Account. An account designated the "Tax-Exempt Indenture Securities Account" is hereby established and created with the Trustee. The following subaccounts of the Tax- Exempt Indenture Securities Account are hereby established and created with the Trustee: (a) "Tax-Exempt Indenture Securities Interest Subaccount"; (b) "Tax- Exempt Indenture Securities Principal Subaccount"; and (c) "Tax-Exempt Indenture Securities Redemption Subaccount."

Related to TAX-EXEMPT INDENTURE ACCOUNTS

  • Trust Indenture Act Controls If any provision of this Indenture limits, qualifies or conflicts with another provision which is required to be included in this Indenture by the TIA, the required provision shall control.

  • Trust Indenture Act The Trust Indenture Act of 1939, as amended.

  • Trust Indenture Act; Application (a) This Guarantee Agreement is subject to the provisions of the Trust Indenture Act that are required to be part of this Guarantee Agreement and shall, to the extent applicable, be governed by such provisions. (b) If and to the extent that any provision of this Guarantee Agreement limits, qualifies or conflicts with the duties imposed by Sections 310 to 317, inclusive, of the Trust Indenture Act, such imposed duties shall control.

  • of the Trust Indenture Act Nothing herein shall prevent the Trustee from filing with the Commission the application referred to in the second to last paragraph of said Section 310(b).

  • Trust Indenture Act; Conflict with Trust Indenture Act (a) This Trust Agreement is subject to the provisions of the Trust Indenture Act that are required to be part of this Trust Agreement and shall, to the extent applicable, be governed by such provisions. (b) The Property Trustee shall be the only Trustee which is a trustee for the purposes of the Trust Indenture Act. (c) If any provision hereof limits, qualifies or conflicts with another provision hereof which is required to be included in this Trust Agreement by any of the provisions of the Trust Indenture Act, such required provision shall control. If any provision of this Trust Agreement modifies or excludes any provision of the Trust Indenture Act which may be so modified or excluded, the latter provision shall be deemed to apply to this Trust Agreement as so modified or excluded, as the case may be. (d) The application of the Trust Indenture Act to this Trust Agreement shall not affect the nature of the Securities as equity securities representing undivided beneficial interests in the assets of the Trust.

  • Assets of Trust The assets of the Trust shall consist of the Trust Property.

  • Securities Accounts If a Collateral Account is a securities account, the Financial Institution agrees that:

  • Certificate Accounts Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law (certificate account), whichever we offer, is subject to the terms of this Agreement, the Truth-in-Savings Disclosure, and the Account Receipt for each account, the terms of which are incorporated herein by reference.

  • Compliance with Trust Indenture Act; Effect of Supplemental Indentures Any supplemental indenture executed pursuant to the provisions of this Article IX shall comply with the Trust Indenture Act. Upon the execution of any supplemental indenture pursuant to the provisions of this Article IX, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of Securities shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes.

  • Conformity with Trust Indenture Act Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect.

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