C Account definition
Examples of C Account in a sentence
Each (A) Initial Account was an Eligible Account as of the Cutoff Date, (B) Additional Account is an Eligible Account as of the applicable Additional Cutoff Date and (C) Account is an Eligible Account as of each Series Cutoff Date.
Except as otherwise provided in this Agreement, it also consists of the Income from the investments made from the Principal, and transfers from the B Account and C Account in accordance with this Article.
The Issuer will lend to the Borrowers and the Borrowers will borrow from the Issuer, upon the terms and conditions specified herein, the amount (not to exceed $500,000) of Proceeds received by the Issuer from the sale of the Series C Bonds by causing such Proceeds to be credited to the Project Fund – Series C Account under Section 3.01 for disbursement in accordance with Section 4.02 (the “Series C Loan”).
As a result, the actual Service Fee deducted from a Unit Class O Account (and from a Unit Class A, B and C Account in the case of the Cash Reserve Portfolio) may be in excess of or less than 0.99%.
Beginning in Fiscal Year 2023, the Trust Fund Committee shall transfer to the A Account any funds in the B Account in excess of the amount approved for disbursement in the following Fiscal Year, in accordance with paragraph 7 of this Article, unless such excess funds are needed to bring the C Account to the level specified in paragraph 5(b) of this Article.
Account No.: 910301040003510 Bank account of Party C Account Bank: Xichun Office, Shaowu City, Agricultural Bank of China Account Owner: Shaowu City Fengyi Power Development Co., Ltd Account No.: 920401040000082 Bank account of Party D Account Bank: Jianyang Branch, Agricultural Bank of China Account Owner: Jianyang City Xinguang Power Development Co., Ltd.
The Issuer shall be obligated to lend only moneys transferred to the Trustee from the Original Purchaser for deposit in the Project Fund – Series C Account as evidenced by the Original Purchaser’s approval of a Borrower’s Requisition in the form set forth in Exhibit D.
The portion of any Forfeiture attributable to the prior contributions of any Contributing Employer shall be taken as that portion of such Forfeiture which the contributions made by that Contributing Employer and credited to the related Part B or Part C Account of the Participant with respect to whom the Forfeiture arose bear to the total contributions of all Contributing Employers that were credited to that account.
All members with Share Draft Accounts are eligible for Courtesy Pay as long as their accounts are in good standing, which includes: (A) Continuing to make deposits consistent with past practices, (B) You must not be in default on any loan obligation to Penobscot County Federal Credit Union, (C) Account must be brought to a positive balance (not overdrawn) at least once every thirty (30) days, and (D) Your account must not be the subject of any legal or administrative order or levy.
Upon Trustee's receipt of a Written Direction, funds in the I and C Account that do not constitute Total Loss Casualty/Condemnation Proceeds shall be disbursed by Trustee pursuant to Section 4.4 of the Loan Agreement.