Available Moneys Account definition

Available Moneys Account means the account by that name in the Revenue Fund created pursuant to Section 501 hereof.
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Available Moneys Account means the account in the Bond Fund by that name established in the Bond Fund by Section 5.02.
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Available Moneys Account means the account by that name in the Series 1998A Bond Fund created pursuant to Section 501.
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Examples of Available Moneys Account in a sentence

  • When moneys deposited pursuant to the preceding sentence shall become Available Moneys, such Available Moneys shall be transferred to the Available Moneys Account.

  • Moneys on deposit in the Available Moneys Account to be applied to the payment of the Bonds at maturity shall be transferred to the Principal Account on the maturity date to pay the principal of the Bonds and to the Interest Account to pay accrued interest.

  • Available Moneys on deposit in the Available Moneys Account, to be applied to the purchase of Bonds pursuant to Section 307, shall be transferred to the Purchase Fund on the Tender Date to the extent necessary to pay the Tender Price of the Bonds as the same shall become due and payable on such Tender Date.

  • Any moneys remaining in the Available Moneys Account following the redemption or purchase of Bonds with respect to which such deposit was made shall first be applied to pay the Credit Enhancer any amounts due and payable under the Letter of Credit Agreement and thereafter shall be transferred to the General Fund.

  • Moneys on deposit in the Available Moneys Account to be applied to the redemption of Bonds pursuant to Sections 401 and 402 shall be transferred to the Redemption Account on the date fixed for such redemption to the extent necessary to pay the premium, if any, on and principal of the Bonds as the same shall become due and payable by such redemption and to the Interest Account to pay accrued interest.

  • Any provision herein to the contrary notwithstanding, no notice of the redemption of Bonds pursuant to this Section 401 shall be given unless sufficient Available Moneys are available and have been irrevocably deposited into the Available Moneys Account or the Credit Facility Account of the Revenue Fund with the Trustee, or if the Credit Enhancer commits to make a payment under the Credit Facility to the Trustee pursuant to Section 508(b)(3) hereof.

  • There are hereby created by the Issuer and ordered established with the Trustee within the Bond Fund three separate and segregated trust accounts to be designated, respectively, (a) the "Available Moneys Account," (b) the "Non-Available Moneys Account," and (c) the "Letter of Credit Account".

  • Moneys held in the Available Moneys Account of the Bond Fund shall be invested and reinvested solely in Government Obligations, maturing no later than the date on which such moneys will be required to be paid out hereunder.

  • In the event of an Event of Default described in paragraphs (a), (b), (c), (e) or (g) (except with respect to paragraph (g), a default under Section 801(d) or (f) of the Series 1994B Indenture) of Section 801 hereof, any moneys on deposit in the Unavailable Moneys Account which constitute Available Moneys shall be transferred to the Available Moneys Account and applied in accordance with this Indenture.

  • Within the Bond Fund there are hereby created by the Issuer and ordered established with the Trustee three separate and segregated trust accounts to be designated, respectively, (a) the "Available Moneys Account," (b) the "Non-Available Moneys Account" and (c) the "Letter of Credit Account".

Related to Available Moneys Account

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

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

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

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

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

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

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

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

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

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • 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.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Principal Account(s means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2005-5, Home Equity Pass-Through Certificates, Series 2005-5. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Eligible Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

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