Bond Escrow Account definition

Bond Escrow Account means a blocked CSD escrow account in the name of the Issuer, to which the Existing Secured Bonds (received as payment-in-kind for the Initial Temporary Bonds) will be credited. The Bond Escrow Account shall be pledged to the Bond Trustee on behalf of the holders of Initial Temporary Bonds under the Bond Escrow Account Pledge.
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Bond Escrow Account means an account in the CSD to which all the Roll-Over Bonds shall be transferred, blocked and pledged on first priority as security for the Issuer’s obligations under the Finance Documents if required by the Bond Trustee.
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Bond Escrow Account means the escrow client account in the name of NT Services AS holding with the Securities Depository to which the Roll-Over Bonds related to Existing Bonds shall be credited, which account shall be subject to the Bond Escrow Account Pledge.
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Examples of Bond Escrow Account in a sentence

  • The Security Bond, Escrow Account, Verified Check or Cash will be in the total amount of both the performance guarantee and the maintenance guarantee.

  • The guarantee of both performance and maintenance will be in the form of a Security Bond, Escrow Account, Verified Check or Cash.

  • In such event, the Community shall require a Security Bond, Escrow Account, Certified Check or Cash to guarantee that such deferred improvements will be properly constructed or installed within an agreed specified time, but not to exceed six (6) months after the filing of such final plat.

  • The Security Bond, Escrow Account, Verified Check or Cash will be used by the Community to complete any guaranteed construction or removal of improvements or temporary and permanent soil erosion, sediment, and other wastes control practices that are not adequately completed, maintained or removed by the owner in a timely manner, as determined by the Community Engineer.

  • The Community will not release the Security Bond, Escrow Account, Verified Check or Cash guarantee until the Community Engineer has inspected the site to ensure that the guaranteed item(s) have been completed and/or removed.

  • The Security Bond, Escrow Account, Verified Check or Cash will be used by the Community to complete any guaranteed construction or removal of improvements or temporary and permanent soil erosion, sediment control and water quality practices that are not adequately completed, maintained or removed by the owner in a timely manner, as determined by the Community Engineer.

  • Security Bond, Escrow Account, Verified Check or Cash shall be deposited with the Community prior to review by the Community Engineer and/or its consultants to cover professional services of the Community Engineer, Building Commissioner, Zoning Inspector and/or other experts required by the Community Engineer, Community Council, Mayor or Review Boards.

  • The Security Bond, Escrow Account, Verified Check or Cash shall be released only after all work required by this regulation has been completed to the satisfaction of the Community Engineer and all permit and inspection fees required by these regulations have been paid in full.

  • The Guarantee: The guarantee of both performance and maintenance will be in the form of a Security Bond, Escrow Account, Verified Check or Cash.

  • The Security Bond, Escrow Account, Verified Check or Cash shall be released only after all work required by this regulation has been completed to the satisfaction of the City Engineer and all permit and inspection fees required by these regulations have been paid in full.


More Definitions of Bond Escrow Account

Bond Escrow Account means an account in the name of the Issuer, with the CSD, pledged and blocked on first priority in favour of the Bondholders holding Temporary Bonds as security for the Issuer’s obligations under the Finance Documents in respect of the Temporary Bonds.
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Bond Escrow Account means an account in the name of the Issuer established in the CSD to which the Existing Bonds (used as payment-in-kind for the Initial Temporary Bonds) will be credited once all conditions precedent referred to in paragraph (a) of Clause 6.1 (Conditions precedent for disbursement to the Issuer) have been satisfied or waived.
Sample 1
Bond Escrow Account means a blocked CSD account in the name of the Issuer, to which the Existing Bonds (received as payment-in-kind for the Initial Temporary Bonds) will be credited, and which shall be blocked and pledged on first priority as Security to the Bond Trustee (on behalf of the Bondholders holding Initial Temporary Bonds) for the Issuer's obligations under the Finance Documents.
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Bond Escrow Account means a CSD account in the name of the Issuer, blocked and pledged on first priority as security for the Issuer’s obligations under and in respect of the Temporary Bonds under the Finance Documents.
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Bond Escrow Account means an account in the name of the Issuer established in the CSD to which the Existing Bonds (used as payment-in-kind for the Initial Temporary Bonds) will
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Related to Bond Escrow Account

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Funds means, collectively, the Tax and Insurance Reserve Fund, the Replacement Reserve Fund, the Required Repair Fund, the Rollover Reserve Fund, the Ground Lease Reserve Fund, the Excess Cash Flow Reserve Fund and any other escrow fund established by the Loan Documents.

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

  • Initial Reserve Account Deposit means $3,000,000.

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

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

  • Bond Purchase Fund means the Fund so designated, which is created and established by a Series Indenture.

  • 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 [*];

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

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

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

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Interest Reserve Account As defined in Section 3.4(d).

  • 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.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.