Casualty Account definition

Casualty Account has the meaning stated in Section 10.7(b).

Casualty Account shall have the meaning set forth for such term in SECTION [2.2(a)] of the Amended Security Deposit Agreement.

Casualty Account. The account established pursuant to Section 301 of the ICF Indenture.

Examples of Casualty Account in a sentence

• Within the Risk Management Revolving Fund, there is hereby created the Property and Casualty Account, the Motor Vehicle Liability Account and the General Tort Liability Account.

• Any proceeds or other amounts received by the Collateral Trustee, whether pursuant to an insurance policy, as a requisition payment or otherwise, in connection with the occurrence with respect to any Vessel of a casualty or certain other events specified in the Indenture, will be deposited into the Casualty Account and invested in Permitted Investments until such funds are disbursed by the Collateral Trustee in accordance with the Indentures, the Collateral Agreement and the related Security Documents.

• The fund shall be a continuing fund,not subject to fiscal year limitations, and shall consist of any monies transferred thereto by act of the Legislature and any monies which may be deposited thereto by the Office of Public Affairs Department of Central Services as provided for by law and allinterest earned by the State Treasurer on monies deposited in the fund.B. Within the Risk Management Revolving Fund, there is hereby created the Property and Casualty Account and the Motor VehicleLiability Account.

• We have also been able to attract new underwriters, in particular Andrew Wadsworth who will be writing an International Casualty Account.

• Videotape programs and other training materials are available from your General Casualty Account Specialist.

More Definitions of Casualty Account

Casualty Account has the meaning stated in Section 10.8(b).

Casualty Account means the account established pursuant to Section 301 of the ICF Indenture.

Casualty Account means the account established and maintained by the Collateral Trustee into which any insurance proceeds or other payments in connection with the occurrence of a Total Loss to any Vessel then subject to an Initial Charter that has not reached its first optional termination date shall be deposited in accordance with the related Mortgage.

Casualty Account means the account established and maintained by the Indenture Trustee pursuant to Section 3.1(d).

Casualty Account means the account established and maintained by the Collateral Agent pursuant to Section 3.1(f).

Casualty Account means the casualty account of the Borrower maintained pursuant to Article IV hereof by the Collateral Agent with Citibank's office at 100 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Account No.30000000, ABA No. 02100008-9, FBO A/C 103561 Northeast, Attention: Oxxxxx Xxxxx.

Casualty Account means the account established and maintained by the Collateral Trustee into which any insurance proceeds or other payments in connection with the occurrence of a Total Loss to any Vessel shall be deposited in accordance with the related Mortgage.