Deferred Revenue Account definition

Deferred Revenue Account means the account on the consolidating balance sheet of the Borrower associated solely with the change in revenue recognition by Loyalty Management as required by the Securities and Exchange Commission of the United States of America.
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Deferred Revenue Account is defined in Section 3.1(b) of the Agreement.
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Deferred Revenue Account means the deferred revenue of the Borrowers shown on Borrowers' balance sheet which consists of customer advances, including, without limitation, customer advances for which Borrowers have not placed a corresponding order to the publisher/vendor. The Deferred Revenue Account shall be determined on a basis consistent with Borrowers' accounting practices utilized in the Financials delivered to the Bank prior to the date hereof.
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Examples of Deferred Revenue Account in a sentence

  • The ERI-2 Settlement Agreement further states that any earnings in excess of 10.7% (as modified), excluding the Company’s incentive portion of non-firm margins will be credit to the Deferred Revenue Account (id.).

  • Although ratepayers were entitled to any credits in the Deferred Revenue Account at the conclusion of June 30, 2002, transferring this money to the deferred gas account reduces carrying charges.

  • FS08-027 – Creation of a Fire Service Training Obligatory Reserve Fund THAT the $155,000 in the Deferred Revenue Account be transferred to a new Reserve Fund to be known as the Fire Service Training Obligatory Reserve Fund; and THAT the funds be used as the Town of Aurora’s share of any capital projects for training initiatives budgeted by Central York Fire Services.

  • The codes, code labels and selected examples of the corresponding responses are shown in Annex I.5 (see pp.

  • RES – Transfer, Budget and Appropriate $39,450.94 from the Broad Run Watershed Deferred Revenue Account to the Stormwater Management Drainage Major Maintenance Budget for Costs Incurred on the Trenton Court Drainage Improvement Project – Gainesville Magisterial District – Tom Bruun – Public Works 8.

  • RES - Transfer, Budget, and Appropriate $234,122.55 from the Powells Creek Watershed Deferred Revenue Account to the Powells Creek Watershed Capital Improvement Program for Costs Incurred on the Engineering and Design of the Northgate Stream Restoration and Infrastructure Protection Project, and Budget and Appropriate $192,310.30 to the County Construction Crew Internal Service Fund Potomac Magisterial District – Tom Bruun – Public Works 4.

  • NOTE E - DEFERRED REVENUE: The Deferred Revenue Account shown on the balance sheet is the difference between the actual 2019 state revenue and the estimated amount used to reduce the 2020 tax commitment.

  • RES – Transfer, Budget and Appropriate $1,572,807 from the Powells Creek Watershed Deferred Revenue Account to the Powells Creek Watershed Capital Improvement Program Budget for Costs Related to Three Drainage Improvement Projects – Potomac, Coles, Woodbridge and Neabsco Magisterial Districts – Thomas Bruun – Public Worksview P.

  • The under-collection in the deferred gas account was not only reduced by a $500,000 contribution from shareholders but also by a transfer of $795,600 from the Deferred Revenue Account to the deferred gas cost account.

Related to Deferred Revenue Account

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Debt Service Reserve Account as defined in the Depositary Agreement.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • 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.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

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

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Expense Account The account established and maintained pursuant to Section 3.25.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 2.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

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

  • Interest 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.

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

  • Finance Charge Account is defined in Section 4.9(a).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • 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.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • 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.]

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.