Participant Disbursement Accounts definition

Participant Disbursement Accounts means the accounts of the Program Fund so designated which is established and created pursuant to Sections 502 and 503 of the General Trust Indenture.
Participant Disbursement Accounts means, for each Series of Bonds, the account of the Program Fund so designated which is established and created pursuant to Sections 502 and 503 of the General Trust Indenture.

Related to Participant Disbursement Accounts

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);