Authority Annuity Amount Payment Account means the account to be established by the Authority and notified to the Operator and the Independent Auditor as an Authority Condition Precedent;
Examples of Authority Annuity Amount Payment Account in a sentence
Payment Account Standing Instructions issued by the Authority shall be irrevocable and shall remain effective, in each case, until the Expiry Date Or on the disbursement of the last Annuity Amount Payment Certificate issued by IA, and no withdrawal from the Authority Annuity Amount Payment Account may be made by the Authority, except as provided in this Agreement.