FHA PREMIUM ACCOUNT definition

FHA PREMIUM ACCOUNT. The account established and maintained by the Trustee in accordance with Section 6.06 hereof.
FHA PREMIUM ACCOUNT. The account which is an Eligible Account established and maintained by the Indenture Trustee pursuant to Section 5.01(a)(4).
FHA PREMIUM ACCOUNT. The account established and maintained by the Pool III Co-Trustee in accordance with Section 6.06 hereof.

Examples of FHA PREMIUM ACCOUNT in a sentence

  • FHA PREMIUM ACCOUNT The FHA Premium Account will be established with the Trustee and will be available to reimburse the Claims Administrator or the Certificate Insurer for the payment to the FHA of the FHA Insurance Premium on each FHA Loan.

  • ESTABLISHMENT OF FHA PREMIUM ACCOUNT; DEPOSITS IN FHA PREMIUM ACCOUNT; PERMITTED WITHDRAWALS FROM FHA PREMIUM ACCOUNT.


More Definitions of FHA PREMIUM ACCOUNT

FHA PREMIUM ACCOUNT. The account, which shall be an Eligible Account, established and maintained by the Trustee in accordance with Section 3.30 hereof to reimburse the Servicer [AND THE CERTIFICATE INSURER] for payments with respect to FHA Premiums or to make payments with respect to FHA Premiums and entitled "____________, as Trustee for Cityscape Loan Trust 199__-__ Pass-Through Certificates 199__-__, FHA Premium Account."

Related to FHA PREMIUM ACCOUNT

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act;

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

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

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

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

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Insurance Account shall have the meaning set forth in Section 8.6 hereof.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.