City Account definition

City Account means the account so designated in the Purchase and Remarketing Fund.

City Account means the account so designated in each Purchase and Remarketing Fund.

City Account. ’ means the account so designated in the Purchase and Remarketing Fund. ‘‘Commercial Paper Mode’’ means a Rate Mode in which each Multi-Modal Bond for its respective

Examples of City Account in a sentence

• The chosen bank and any other such depositary of the City Account are herein referred to as the "City Account Depositary." The City Account and all funds and investments on deposit to the credit thereof shall at all times constitute trust funds for the exclusive benefit of the City and shall not, unless the City otherwise expressly agrees in writing, be subject to lien or attachment by or in favor of any creditor or obligee of the Authority.

• As contemplated by the Act, the Authority has heretofore established with a bank, in trust for the exclusive benefit of the City, an account designated as the "City Account." The Authority shall maintain the City Account at all times with a bank with trust powers or a trust company with a place of business in the Commonwealth selected by the Authority in its discretion.

• Disbursements from the City Account may be made on a more frequent basis as may be requested by the City at any time and agreed to by the Authority in its discretion.

• Subject to any suspension of disbursements permitted pursuant to Section 4.12 of this Agreement and Section 210(e) of the Act, the Authority shall cause the disbursement to the City of all amounts on deposit to the credit of the City Account on a weekly basis on the last business day of each calendar week until such time as the Authority’s existence is terminated, as provided in Section 204 of the Act.

More Definitions of City Account

City Account. ’ means the account so designated and established within the Purchase and Remarketing Fund.

City Account means the account maintained by City with Bank to enable Bank to pay for authorized purchases made by authorized City Cardholders with Purchasing Cards issued by Bank according to instructions received from a City Program Administrator under this agreement.

City Account means the account so designated and established pursuant to Section 3.01 of this Agreement.

City Account means the City Account established within the Pension Fund pursuant to clause (4)(c) of Section 3 of this By-law.

City Account means the bank account at Boston Private Bank and Trust Company, with a balance of approximately $4,000,000, which account is subject to a Lien in favor of the City pursuant to the City Loan Documents. Documents.

City Account is defined in Section 4.1.

City Account means the City Account established and maintained in accordance with Article 7 of the Trust Agreement.