Examples of Capital Subaccount in a sentence

Prior to or concurrently with the issuance of Securitized Utility Tariff Bonds, the Member shall deposit into the Capital Subaccount an amount equal to the Required Capital Level.
Evidence satisfactory to the Indenture Trustee that the Required Capital Level has been credited to the Capital Subaccount.
Prior to the Initial Payment Date, all amounts in the Collection Account (other than funds deposited into the Capital Subaccount, up to the Required Capital Level and any Capital Subaccount Investment Earnings) shall be allocated to the General Subaccount.
Prior to or concurrently with the issuance of the Storm Recovery Bonds, the Member shall deposit into the Capital Subaccount an amount equal to the Required Capital Amount.
In addition, if on any Payment Date funds on deposit in the General Subaccount are insufficient to make the allocations contemplated by Section 8.02(e)(ix), the Indenture Trustee shall draw, solely in accordance with the related Semi-Annual Servicing Certificate, any amounts on deposit in the Excess Funds Subaccount to make such allocations to the Capital Subaccount.

More Definitions of Capital Subaccount

Capital Subaccount has the meaning set forth in the Indenture.

Capital Subaccount has the meaning set forth in Section 8.02(a). ------------------

Capital Subaccount with respect to any Series has the meaning specified in Section 8.02(a) of the Indenture.

Capital Subaccount has the meaning specified in Section 8.02(a) of the ------------------ Indenture.

Capital Subaccount has the meaning specified in Section 8.02(a) of the Note Indenture.

Capital Subaccount means the capital subaccount of the Collection ------------------ Account.

Capital Subaccount. An account that will belong to the Special Purpose Securitization Entity, and will hold the initial capital contribution to the Special Purpose Securitization Entity and certain related amounts as described in Section XIII(D) of this Agreement.