Local Account definition

Local Account has the meaning provided in Section 3.1(c)(i).

Local Account means any local bank account (other than the Project Accounts) in the name of any Borrower.

Local Account means the local account established for the Local Bond within the 2016A Acquisition Fund.

Examples of Local Account in a sentence

• Except as provided in Section 4.2(c), the Local Government shall apply the amounts in the Local Account solely and exclusively to the payment or reimbursement of the Local Government for the Project Costs.

• With prior MCC approval, the Accountable Entity may establish such other bank accounts as are needed for the purposes of implementing the Program (each such other bank account, together with the Local Account, a “Permitted Account”).

• If schools decide to continue with the existing Local Account system where the Authority holds balances on behalf of schools then interest will be paid.

• They will also have access to an imprest account (known as a Local Account), which enables bills to be paid by cheque and allows access to limited amounts of cash.

• Refer to the Cisco Smart Software Manager On-Prem Migration Guide > Re-Registering a local Account (Online Mode) or Manually Re-Registering a Local Account (Offline Mode) .Once re-registration is complete, the following events occur automatically:• SSM On-Prem responds with new transport URL that points to the tenant in SSM On-Prem.• The transport type configuration on the product instance changes from from call-home or smart, tocslu.

More Definitions of Local Account

Local Account. Is defined in Section 8.3.

Local Account has the meaning provided in Section 5.1(c)(i).

Local Account has the meaning set forth in Section 3 of the Cash ------------- Management Procedures.

Local Account has the meaning set forth in Section 2.6(a).

Local Account means an account into which cash from restaurants of the Borrower and its Subsidiaries is initially deposited, and "Local Accounts" shall mean all such accounts collectively.

Local Account means a deposit account established and maintained by a financial institution in the name of an Originator into which account Obligor payments with respect to Receivables as well as payments on cash sales generated by such Originator are deposited. Each Local Account shall be identified on Schedule II hereto, as amended from time to time with the consent of the Administrative Agent.

Local Account shall have the meaning provided in the Depositary Agreement.