Examples of Bond Payment Account in a sentence
Pursuant to the RAB Law, the Bond Payment Account shall not be commingled with other funds of the Township.
Pursuant to the RAB Law, the Bond Payment Account shall not be commingled with other funds of the Township.
Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.
Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.
Funding Account has the meaning assigned to such term in Section 4.01(h).
Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.
Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).