Project Account B definition

Project Account B means the account opened by the Borrower pursuant to Section 3.04 (a) of this Agreement, for purposes of providing its counterpart contribution for Part B of the Project;
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Project Account B means the account opened by EdM for purposes of providing its counterpart contribution for Part B of the Project, and referred to in Section 2.06 of the Project Agreement (as hereinafter defined);
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Project Account B mean the account referred to in Section 3.04 (b) of this Agreement for purposes of providing its counterpart contribution for Part D of the Project, and referred to in Section 3.04 (b) (ii) of this Agreement;
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Examples of Project Account B in a sentence

  • Once the Redeveloper Priority Expense evidence or invoices have been approved by the City, the City shall pay such expense to Redeveloper within two (2) business days from the Project Account B (defined below) established by the City for the Project.

  • The Borrower shall deposit, semiannually, into (i) Project Account A amounts sufficient to replenish the balance of Project Account A to the equivalent of $200,000; and (ii) Project Account B amounts sufficient to replenish the balance of Project Account B to the equivalent of $50,000.

  • Any excess TIF Tax Revenues resulting from the Tax Increment Provision on the Project Site not needed or required to pay for the TIF Indebtedness or for the repayment of Redeveloper’s Aggregate Deficiency Payments, as set forth in Section 704, shall be maintained in the Project Account B and shall be used to reimburse the City for eligible public expenditures.

  • Funds in the Project Account A, Project Account B, and the Capitalized Interest Account are invested in Citigroup Master Repurchase Agreements, earning 3.726% and maturing on January 1, 2008.

  • Additional proceeds to the Project Account B were reimbursements of costs of issuance by developers.

  • Funds in the Project Account A, Project Account B, and the Capitalized Interest Account are invested in Citigroup Master Repurchase Agreements, earning 3.726 percent per annum and maturing on January 1, 2008.

Related to Project Account B

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

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

  • 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.

  • Direct Account : means any Account which is not an ISA Account.

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

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

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

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Collection Accounts As defined in Section 3.10(a).

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Concentration Account has the meaning provided in Section 6.13(c).