Interest Account definition

Interest Account means the account by that name established and held by the Trustee pursuant to Section 4.03(a).
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Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.
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Interest Account means the account by that name within the Bond Fund established pursuant to Section 5.02.
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Examples of Interest Account in a sentence

  • Any amounts remaining in the Costs of Issuance Account one hundred eighty (180) days following the date hereof shall be transferred to the City for deposit in the Series 2018A-C Bonds Principal and Interest Account and designated for payment of principal in accordance with the General Subordinate Bond Ordinance.

  • The Series 2018A-C Paying Agent shall disburse money from the Series 2018A-C Bonds Principal and Interest Account to pay the principal or Redemption Price of and interest on the Bonds directly to the Owner thereof, if available in the priority and manner provided in the General Subordinate Bond Ordinance.

  • Your "Account Value" as of a date is your balance in the Fixed Interest Account (FIA) on that date.

  • The Bank, as the Series 2018A-C Paying Agent, shall deposit in the Series 2018A-C Bonds Principal and Interest Account, when and as received, all moneys delivered to the Series 2018A-C Paying Agent by the City with respect to the payment of the principal or Redemption Price of and interest on the Bonds.

  • Any amounts remaining in the Interim Note Costs of Issuance Account one hundred eighty (180) days following the date hereof shall be deposited in the Interim Note Principal and Interest Account and designated for payment of principal in accordance with the General Subordinate Bond Ordinance.


More Definitions of Interest Account

Interest Account means an interest bearing account described as such in the name of the Issuer with the Account Bank into which Interest Proceeds are to be paid.
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Interest Account means the account by that name established in the Revenue Fund pursuant to Section 5.02.
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Interest Account means the interest-bearing account for the Trust’s assets maintained with the Depository pursuant to the Deposit Account Agreement.
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Interest Account has the meaning ascribed thereto in Section 10.1(h);
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Interest Account means a hypothetical investment account bearing interest at the rate of one hundred and twenty percent (120%) of the applicable federal long-term rate, compounded annually, and set as of the first day of each Plan Year.
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Interest Account means an interest-bearing account of the Issuer with the Account Bank into which Interest Proceeds are to be paid.
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Interest Account shall have the meaning given to that term in Subparagraph 2.07(b).
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