Cash Accumulation Account definition

Cash Accumulation Account. With respect to any class or series of Term Notes or class of Certificates, an Eligible Deposit Account designated as such herein or in the Officer’s Issuance Certificate or the Trust Agreement or Certificate Issuance Order applicable to such class or series of Term Notes or class of Certificates.
Cash Accumulation Account means a cash accumulation account maintained and held by an Eligible Institution into which Available Funds shall be deposited by the Authority pursuant to Section 4.07 hereof.
Cash Accumulation Account has the meaning ascribed thereto in the Cash Collateral and Disbursement Agreement. "Cash Accumulation Account Contribution Agreement" has the meaning ascribed thereto in the Senior Notes Indenture.

Examples of Cash Accumulation Account in a sentence

  • The Trust will use amounts in the 2004-A Certificate Cash Accumulation Account only to make payments as provided in this Certificate Issuance Order.

  • The Trust will use amounts in the 2005-A Certificate Cash Accumulation Account only to make payments as provided in this Certificate Issuance Order.

  • The Trust will use amounts in the Class A Term Note Cash Accumulation Account, Class B Term Note Cash Accumulation Account, Class C Term Note Cash Accumulation Account and Class D Term Note Cash Accumulation Account only to make payments as provided in this Officer’s Issuance Certificate.

  • The 2004-A Certificate Cash Accumulation Account shall be a Designated Account.

  • The Trust will use amounts in the 2004-A Term Note Cash Accumulation Account only to make payments as provided in this Officer’s Issuance Certificate.

  • The 2005-A Certificate Cash Accumulation Account shall be a Designated Account.

  • The contributions are net of the costs incurred by the trust funds and attributable to the EDF.

  • Immediately upon the earliest of (i) the 2005-A Certificate Targeted Final Distribution Date, (ii) the occurrence of a Rapid Amortization Event, and (iii) the date on which the Revolving Period cannot recommence and the Rating Agency Condition shall have been satisfied, the Indenture Trustee shall withdraw any amounts held in the 2005-A Certificate Cash Accumulation Account (other than Investment Proceeds thereon) and transfer such amounts to the Trust for deposit into the Certificate Distribution Account.

  • Immediately upon the earliest of (i) the Certificate Targeted Final Distribution Date, (ii) the occurrence of a Rapid Amortization Event, and (iii) the date on which the Revolving Period cannot recommence and the Rating Agency Condition shall have been satisfied, the Indenture Trustee shall withdraw any amounts held in the Certificate Cash Accumulation Account (other than Investment Proceeds thereon) and transfer such amounts to the Trust for deposit into the Certificate Distribution Account.

  • Immediately upon the earliest of (i) the [•] Certificate Targeted Final Distribution Date, (ii) the occurrence of a Rapid Amortization Event, and (iii) the date on which the Revolving Period cannot recommence and the Rating Agency Condition shall have been satisfied, the Indenture Trustee shall withdraw any amounts held in the [•] Certificate Cash Accumulation Account (other than Investment Proceeds thereon) and transfer such amounts to the Trust for deposit into the Certificate Distribution Account.

Related to Cash Accumulation Account

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes 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) may 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).

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Note Account As defined in the Indenture.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.