Offshore Operating Account definition

Offshore Operating Account means the dollar account of the Borrower opened or as the context may require, to be opened by the Borrower with the Offshore Account Bank, designated by the Offshore Account Bank to be the “PT HOEGH LNG LAMPUNG — Offshore Operating Account” and includes any re-designation and each sub-account thereof.
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Offshore Operating Account has the meaning specified in Section 6.01(a)(iv).
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Offshore Operating Account means the account numbered [●] opened by the Offshore Account Bank in the name of Borrower and designated “Offshore Operating Account”, as such account may be renewed, redesignated or renumbered from time to time.
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Examples of Offshore Operating Account in a sentence

  • Borrower shall procure that all amounts transferred from the Offshore Operating Account in accordance with Section 15.2(c) (Withdrawals from Offshore Operating Account) are paid directly to the Onshore Operating Account.


More Definitions of Offshore Operating Account

Offshore Operating Account has the meaning given to it in the Accounts Management Agreement.
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Offshore Operating Account is defined in Clause 6.1(b) .
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Related to Offshore Operating Account

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • School operating purposes means the purposes included in the operation costs of the district as prescribed in sections 7 and 18 and purposes authorized under section 1211 of the revised school code, MCL 380.1211.

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

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Judicial Council’s Master Account means the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • General Account consists of all our assets other than those held in any separate investment accounts.

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

  • Consumer account means an account established primarily for personal, family, or household use.

  • Trading Account means the unique personified registration system of all Completed Transactions, Open Positions, Orders and deposit/withdrawal transactions in the Trading Platform.

  • Master Account or “Judicial Council’s Master Account” shall mean the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.