Facility Accounts definition

Facility Accounts as defined in Section 8.1 of the Management Agreement.

Facility Accounts means the bank accounts opened and maintained by each Borrower with the Account Bank in accordance with clause 25 (Bank Accounts) and includes any replacement account or any sub-division or sub-account of any of those accounts

Facility Accounts means the Borrower Collection Account and each Trader Collection Account.

Examples of Facility Accounts in a sentence

• The Facility Accounts may be overdrawn so long as: the total of the debit balances on the Facility Accounts, reduced by the total of the credit balances on the Facility Accounts, does not exceed the Net Limit.

• The Bank may refuse to allow a Customer to draw on a credit balance on a Facility Account if debit balances on other Facility Accounts would then cause a limit to be exceeded.

• Interest The Customer will pay interest on the total of the debit balances on the Facility Accounts at the Interest Rate.

• All written notices shall be directed as follows: The District: Modesto Irrigation District Resource Planning Department X.X. Xxx 0000 Xxxxxxx, XX 00000-0000 ATTN: Generation Facility Accounts Customer’s notices to the District pursuant to this Section 13 must refer to the Generating Facility Identification Number set forth in Section 1.1. Customer: Customer name and address as shown in Section 1.4.

• Xxx, Legal Counsel Date: Date: PUBLIC AGENCY By: Date: Name: Title: (City Manager, County Administrator or other as designated by resolution) Approved as to legal form and content: By: Date: Name: Title: EXHIBIT A List of Facility Accounts Name of Public Agency: PG&E Account Number Street Address City 1.

More Definitions of Facility Accounts

Facility Accounts is defined in Section 1.01 of the Depository Agreement.

Facility Accounts means the Sterling Account and the Foreign Currency Accounts;

Facility Accounts means each account listed in Clause 12.2.1.

Facility Accounts. Sterling (sort code) Currency [ ] ([ ]) [ ] ([ ]) [ ] [ ] Sterling Interest Rate: [ ]% p.a. on the total of the debit balances equal to the total of the credit balances on the Sterling Facility Accounts. [ ]% p.a. over Base Rate on any remaining debit balance. Where Base Rate is below zero, it will be deemed to be zero. Currency Interest Rate: [ ]% p.a. over the relevant Currency Lending Rate. Where the relevant Currency Lending Rate is below zero, it will be deemed to be zero. Arrangement Fee: £[ ] will be applied to account number [ ]. Security Fee: £[ ] will be applied to account number [ ].

Facility Accounts means the Sterling Current Accounts, the Foreign Currency Current Account and the Foreign Currency Creditor Account;

Facility Accounts means the Sterling Current Account and the Foreign Currency Current Account;

Facility Accounts means the Collection Account, the Distribution Account and/or the Reserve Account, as the case may be.