Equity Account definition

Equity Account means the account maintained for each Participant by the Manager in accordance with Subsection 8.2(n) of the Agreement.

Equity Account means the account of that name within the Project Fund created pursuant to Section 4.1(a) hereof.

Equity Account means the account of that name established within the Project Fund pursuant to Section 5.01 of this Indenture.

Examples of Equity Account in a sentence

• The amounts specified in Section 5.01(c) shall be deposited in the Loan Account, the Capitalized Interest Account, the Costs of Issuance Account and the Equity Account of the Project Fund.

• The Trustee shall make payments from the Equity Account to pay (A) all costs of acquisition, construction and equipping of the Project other than Qualified Costs of the Project, and (B) to the extent amounts on deposit in the Loan Account are insufficient for such purposes, Qualified Costs of the Project.

• Any amounts received by the Trustee from the Borrower in response to demands by the Trustee or the Servicer for deposits of Borrower’s funds shall be deposited in the Equity Account of the Project Fund.

• Disbursements from the Loan Account and the Equity Account shall be made by the Trustee upon receipt of a Requisition, executed by an Authorized Representative of the Borrower and approved by an Authorized Representative of the Servicer.

• Amounts remaining in the Costs of Issuance Account (including investment proceeds) after the payment of all costs of issuance, and in any event not later than thirty (30) days following the Closing Date, shall be transferred to the Equity Account of the Project Fund.

More Definitions of Equity Account

Equity Account means the bank account opened in the name of the Owner with the Equity Account Bank and designated “Kithira Equity Account” for the purposes of the holding of the Equity Collateral.

Equity Account means a segregated deposit or securities account, in either case, that is (i) funded solely with Equity Issuance Proceeds, (ii) maintained by a Lender and (iii) subject to an Account Control Agreement.

Equity Account means the account established and maintained by the Collateral Trustee into which the Equity Remainder, if any, relating to each Vessel will be deposited in accordance with the order of payments on each Equity Transfer Date.

Equity Account means the trust account of the Purchaser maintained with the Trustee titled "Equity Account".

Equity Account means the Equity Account of the Project Fund created pursuant to

Equity Account means each account created with a brokerage firm utilized by the Company from time to time in connection with the administration of the Company’s equity plans and programs, including the Plan.

Equity Account has the meaning specified in SECTION 2.2.