Bond Account definition

Bond Account means the Bond Account established in Section 213 hereof.

Bond Account. The segregated trust account established and maintained by the Indenture Trustee pursuant to Section 8.02 of the Indenture.

Bond Account. As defined in Section 8.02.

Examples of Bond Account in a sentence

• Clauses 5(1), (2) and (3) and 8 of Schedule 1 to the Act apply to a security bond while it is in the Unclaimed Security Bond Account.

• The interest on such Notes and renewals thereof may be made payable from the proceeds of such Notes, from the Bond Account, from the Recovery Account, from the School Bond Account or from the proceeds of renewal notes or the Series of Bonds in anticipation of which such Notes are issued.

• If after 60 days from the date of a notice under subregulation (2) the security bond is still in the hands of the bond holder, the bond holder shall pay the amount to the Unclaimed Security Bond Account.

• The Authority may by Series Resolution provide for the payment through the Bond Account of amounts due on ancillary and swap contracts.

• In this regulation — bond holder means the bond administrator or an authorised financial institution as defined in Schedule 1 of the Act;security bond includes part of a security bond;Unclaimed Security Bond Account means the account established under subregulation (6).

More Definitions of Bond Account

Bond Account means, with respect to the Bonds, the separate Eligible Account created and maintained by the Master Servicer pursuant to Section 3(h)(v) with a depository institution in the name of the Master Servicer for the benefit of the Trustee on behalf of the Bondholders and designated "_________________________________________ in trust for the registered holders of American Residential Eagle Bond Trust 199_-_ Collateralized Mortgage Bonds."

Bond Account means, with respect to each Series of Bonds, the bond

Bond Account shall have the meaning assigned thereto in the Indenture.

Bond Account means the Limited General Obligation Bond Account, 2020, created within the Debt Service Fund by Section 13 of this resolution for the payment of the Bond.

Bond Account. The segregated trust account, which shall be an Eligible Account, established and maintained pursuant to Section 8.02 and entitled "Norwest Bank Minnesota, National Association, as Indenture Trustee for Fund America Investors Trust 1998-NMC1 Collateralized Mortgage Obligations, Series 1998-NMC1, Bond Account" on behalf of the Bondholders.

Bond Account means the segregated trust account established in the name of the Indenture Trustee pursuant to Section 2.09 of the Indenture.

Bond Account means the bank account which Bond shall notify to the Purchaser at least 5 Business Days prior to any payment being required to be made to the Bond Account;