Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."
Principal Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.
Principal Account is defined in Section 4.9(a).
Examples of Principal Account in a sentence
If at any time funds on deposit in the Bond Principal Account are insufficient to provide for the payment of such principal, the City shall promptly deposit funds to such Account to cure such deficiency.
More Definitions of Principal Account
Principal Account shall have the meaning specified in subsection 4.02(b).
Principal Account means the Account within the Debt Service Fund so designated and established by Article V.
Principal Account means the account by that name established and held by the Trustee pursuant to Section 4.03(b).
Principal Account means the account by that name in the Bond Fund established pursuant to Section 5.02.
Principal Account means the interest bearing account described as such in the name of the Issuer with the Account Bank into which Principal Proceeds are to be paid.
Principal Account means deposit accounts of the Fund carried on the books of BBH&Co. as principal in accordance with Section 7.
Principal Account means an account in which a Participant or a related entity of the Participant holds a direct or indirect interest other than an interest in the commission charged on a transaction.