Examples of DB Account in a sentence
Without notice to or assent by any Assignor, the Collateral Agent may apply any or all amounts then in, or thereafter deposited in, the DB Account in the manner provided in Section 7.4 of this Agreement.
In addition, specialty certification is required for backflow device testing and cross-connection control program activities and management.
Borrowers shall cause all amounts deposited in each Lock Box Account to be transferred on each Business Day to the DB Account in accordance with the terms of the applicable Lock Box Agreement.
Any Interest which must be added, as required by Applicable Pension Laws, to any contribution which has not been paid into the DB Account of the Fund and which is due in accordance with Applicable Pension Laws shall be credited at a rate equal to the Interest rate credited on Member Required Contributions, as specified in Section 3.02 of Part 3.
All moneys, securities and instruments at any time deposited or held in the DB Account hereunder shall be held by the Collateral Agent as Collateral for all purposes of this Agreement.