PAF Account definition

PAF Account has the meaning set forth in Section 9.1(c) of the Lease.
PAF Account has the meaning set forth in Section 9.1(c).

Examples of PAF Account in a sentence

  • In the event any such erroneous overfunding or underfunding affects amounts of Port Authority Funding paid to or to be reimbursed by the Design-Builder, the Design-Builder shall, as promptly as possible, return payment to the PAF Account, in the event of an erroneous overfunding, or be entitled to receive payment in the amount of the erroneous underfunding from the Port Authority via the PAF Account pursuant to Section 9.1(f) of the Lease, in the event of an erroneous underfunding.