Debt Account definition

Debt Account means an account or accounts required to be established by the Issuer (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures pursuant to and in accordance with this Indenture;
Debt Account means an account or accounts established by the Issuer (and maintained by and subject to the control of the Trustee) for a Series pursuant to and in accordance with this Indenture.
Debt Account means an account or accounts required to be established by the Corporation (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures pursuant to and in accordance with Section 2.17 of this indenture;

Examples of Debt Account in a sentence

  • General Long-Term Debt Account Group – This account group is established to account for all the long-term debt of the District, which is offset by the amount available in the debt service fund and the amount to be provided in future years to complete retirement of the debt principal.

  • General Long-Term Debt Account Group - This account group was established to account for all long-term debt of the District, which is offset by the amount available in the debt service fund and the amount to be provided in future years to complete retirement of the debt principal.

  • General Long-Term Debt Account Group – is used to account for the outstanding principal balances of all long-term debt of the District, which is offset by the amount available in the debt service fund and the amount to be provided in future years to complete retirement of the debt principal.

  • General Long-term Debt Account Group – is used to account for the outstanding principal balances of all long-term debt of the District, which is offset by the amount available in the debt service fund and the amount to be provided in future years to complete retirement of the debt principal.

  • General Fixed Assets and General Long-Term Debt Account Groups The accounting and reporting treatment applied to the fixed assets and long-term liabilities associated with a fund are determined by its measurement focus.

  • A liability has been recorded in the General Long-Term Debt Account Group representing the County’s commitment to fund non-current compensated absences.

  • General Long-Term Debt Account Group - This account group was established to account for all long-term debt of the District, which is offset by the amount available in the debt-service fund and the amount to be provided in future years to complete retirement of the debt principal.

  • Long-term liabilities expected to be financed from the funds are accounted for in the General Long-Term Debt Account Group, not in the funds.

  • General Long-Term Debt Account Group This is the fund that records liabilities that exist beyond the current year’s operation.

  • Related bond principal payable in the future is recorded at the same time in the General Long-Term Debt Account Group.


More Definitions of Debt Account

Debt Account means account no. 00000000 of the Borrower maintained with Citibank.
Debt Account means an account or accounts required to be established by the Trust (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures pursuant to and in accordance with this Indenture;
Debt Account means an account or accounts required to be established by the Trustees (and which shall be maintained by and subject to the control of the Trustees), for the residual benefit of the Company, for payments in respect of the Debentures pursuant to and in accordance with this Indenture;
Debt Account means the bank account attached to your existing mortgage, personal loan or credit card debt, that you authorise Wisr to pay your Rounds-Ups into;

Related to Debt Account

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

  • Investment Account As defined in Section 3.12(a).

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.