Advances Account definition

Advances Account means the Advances Account under the
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Advances Account means the advances account opened and maintained in ---------------- accordance with Section 2.4.
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Examples of Advances Account in a sentence

  • To get the “average daily balance” we take the beginning balance of your Cash Advances Account each day, add any new Cash Advances, and subtract any payments or credits applied to Cash Advances that day, unpaid periodic interest charges and other fees and charges.

  • We figure the Periodic Interest Charge on Cash Advances by applying the periodic rate to the “average daily balance” of your Cash Advances Account (including current transactions).

  • The Travel Expense Reports rendered by the employees for journeys undertaken on Company’s work are processed and these expense reports are journalised in the Transfer Expenses Journal and Journal Entries are issued frequently by debit to the Travel Expense Account and credit to the Travel Advances Account.

  • Advances Account codes (28.401, 28.402,28.810, 28.868, 28.870, 28.874, 23.1, 25.5, 26.5, I.U.T. Code 30 to 39 etc.), Account Code 46.926 (Misc.

  • On completion of a project, Project Advances Account is reduced by the cost of the project at the same time it is removed from work- in-progress.

  • The Loan Parties shall (i) maintain the Term Loan Priority Advances Account with BMO Xxxxxx Bank N.A., and (ii) not deposit any amounts, or permit the deposit of any amounts, into the Term Loan Priority Advances Account, other than any advances by the Term Loan Lenders pursuant to and in accordance with the terms of the Term Loan Agreement.

  • The accounts which are kept in the main ledger are: Cash Account, lmprest Account, Internal Bank Adjustment Account, Deposit Account, Personal Advances Account, Non-Personal Advances Account and Cash Transfer Accounts.

  • The Manager shall provide monthly reconciliation statements to the Members regarding the ODA Advances Account pursuant to Section 3.5 hereof.

  • The Council also provided the Partnership with use of the Weeping Cross Depot for a peppercorn rent.3. House Purchase and Improvement LoansIncome matched expenditure on the House Purchase Advances Account during the year.

  • Following the Funding Advances Escrow Agent’s disbursement of the proceeds of the Funding Advances from the Funding Advances Account to the Disbursement Account, Design-Builder shall be entitled to use the proceeds of the Funding Advances on deposit in the Disbursement Account to pay eligible Project costs and expenses pursuant to the terms of this Exhibit 28, including, but not limited to, Section 3.

Related to Advances Account

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Credit Account is modified to read “Grant Account”.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Facility Account means the account numbered 0000000 maintained by Seller in the name of “PDC Funding Company, LLC” at JPMorgan, together with any successor account or sub-account.

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

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

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.

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

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Collection Accounts As defined in Section 3.10(a).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Note Account As defined in the Indenture.

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Borrower’s Account shall have the meaning set forth in Section 2.8.