Administrative Expenses Account definition

Administrative Expenses Account means the account by that name within the Bond Fund established pursuant to Section 5.05.
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Administrative Expenses Account has the meaning given in clause 21(4);
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Administrative Expenses Account means the Administrative Expenses Account of the Series 2010 Bond Fund Account of the Bond Fund.
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Examples of Administrative Expenses Account in a sentence

  • The Issuer hereby directs the Trustee to establish and maintain so long as any of the Bonds are Outstanding a separate account within the Bond Fund to be known as the Administrative Expenses Account.

  • Payment shall be made to the Trustee, solely from the Administrative Expenses Account as provided by Section 5.05, for the Trustee Fee and extraordinary expenses incurred in and about the administration and execution of the trusts hereby created and the performance of its powers and duties hereunder.

  • No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds.

  • The Trustee shall deposit to the Administrative Expenses Account those amounts required by Section 5.02 and Section 6.01.

  • The Trustee shall establish and maintain so long as any of the Bonds are Outstanding a separate fund to be known as the Bond Fund, and separate accounts therein to be known as the Interest Account, the Administrative Expenses Account and the Principal Account.

  • As specified in the MoU (Decision 10/COP.3), the GM has three accounts: the Core Budget Administrative Account (CBAA), a Special Resources for CCD Finance Account (SRCF) and a Voluntary Contributions Administrative Expenses Account (VCAE).

  • Within ten (10) days following the Preliminary Approval Date, Xxxxxx Xxxxxx shall wire transfer the Initial Payment into the Cash Settlement Notice and Administrative Expenses Account.

  • All money from time to time received by the Trustee and held in the funds and accounts created hereby (other than the Rebate Fund and the Administrative Expenses Account), shall be held in trust as security for the benefit of the Owners of the Bonds.

  • The budget estimates for the Global Mechanism, which will be shown in a separate section of the Convention budget, may include administrative and operational expenditures to be financed both from the core budget of the Convention, and, if appropriate, from the Voluntary Contributions Administrative Expenses Account.

  • In addition, the Trustee shall make payments from the Administrative Expenses Account to pay Costs of Issuance upon receipt of a written requisition, in the form attached as Exhibit E.


More Definitions of Administrative Expenses Account

Administrative Expenses Account means such account defined in Section 12.10(a)(ii) of this Memorandums;
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Administrative Expenses Account has the meaning set forth in Section 3.3(c).
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Administrative Expenses Account means such account defined in Section 12.10(a)(ii) of this Memorandums; “Administrative Expenses” shall carry the meaning ascribed to the said term in Section 12.10(b) of this Memorandum; “Alternative Payment Currency” shall carry the meaning ascribed to the said term in Section 12.5(d) of this Memorandum;
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Related to Administrative Expenses Account

  • Administrative Expenses means the fees and expenses (including indemnities) and other amounts of the Borrower due or accrued with respect to any Payment Date and payable in the following order:

  • Administrative Expense means any of the following:

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Administrative Costs means all costs and expenses associated with providing notice of the Class Settlement Agreement to the Settlement Class, Claims Administration, and otherwise administering and carrying out the terms of this Class Settlement Agreement.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Administrative cost means a fee imposed to cover:

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.