Improvement Account definition

Improvement Account means the Water and Sewer Utility Improvement Account.

Improvement Account means the Improvement Account created by Article IV

Improvement Account means the Account in the Project Fund established pursuant to Section 6.1 of this Indenture for payment or reimbursement of Costs.

Examples of Improvement Account in a sentence

• Each of these two accounts is required to maintain an adequate level of operating funds - the Construction Account at a level equivalent to six months’ estimated expenditure, and the Improvement Account at an annual balance of HK$2 billion.

• All moneys in the Revenue Fund on each January 1 not required for payment of the Current Expenses and all transfers required by subsections (a) to (f) hereof for the next ninety (90) days shall be credited to the Improvement Account.

• All Program funds that revert back to the California Ports Infrastructure, Security, and Air Quality Improvement Account are subject to re-appropriation by the Legislature.

• Lender shall not be required to disburse Capital Improvement Funds more frequently than once each calendar month or in amounts less than $25,000 in the aggregate, provided, however, that the final disbursement from the Capital Improvement Account may be in an amount less than $25,000.

• From time to time, at the request of Borrower, Lender shall disburse interest earned on the Capital Improvement Account to the Borrower for deposit into the Operating Account provided Lender is reasonably satisfied that sufficient funds remain in such Accounts to complete all Capital Work required hereunder.

More Definitions of Improvement Account

Improvement Account means the Improvement Account for the Improvements created by Article IV hereof.

Improvement Account means the Improvement Account established in Section 502. “Improvement Requirement” means the aggregate of the amounts established by currently

Improvement Account has the meaning provided in Section 14(i)(ii)(D) (Affirmative Covenants – Establishment and Ratification of Funds and Accounts).

Improvement Account means the Improvement Account established pursuant to Section 12(E) of this Ordinance.

Improvement Account means the Account within the Project Fund established pursuant to Section 5.1.

Improvement Account means the Account by such name established within the Project Fund pursuant to Section 6.1.

Improvement Account means that Account established by Section 6.1(b) and administered pursuant to Section 6.5 hereof.