Project Control Account definition

Project Control Account the Project Control Account established and maintained pursuant to the Security Deposit Agreement.
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Project Control Account means the bank account as established by Seller’s lenders and as designated to Purchaser in writing.
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Project Control Account has the meaning set forth in Section
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Examples of Project Control Account in a sentence

  • This allows NASA Project Control Account Managers (P-CAMs) and contractors to evaluate progress in terms of performance for their specific project responsibilities.

  • For example, activists in the States cite the Disability Income Group (DIG), started in the UK in the late 1960s by two women, Megan Duboisson and Berit Moore, who were concerned about broad social rights of people with disabilities and the way disabled ‘housewives’ were ineligible for any of the current disability benefits (although this degenerated into a narrow parliamentary lobby group).

  • The Project Control Account Manager (P-CAM) shall have overall responsibility for the cost, schedule, and technical performance of a scope of work represented by a WAD for a control account, subordinate to the Project Manager and applicable policy, requirements, and authorizing documents.

  • Support contracts are usually managed by a Project Control Account Manager (P-CAM), so the planning and status is often maintained in the project IMS.Figure 1.

  • Pursuant to this agreement, the Programme Agent approves Bumiputra-Commerce Bank Berhad or any other banks as the Project Control Account Bank in accordance with the Concession Agreement and the Project Control Account Agreement and sets out the operations of the Additional Project Accounts.

  • All drawings under these facilities must be applied by PLUS in accordance with the Project Control Account Agreement, as explained in “Section 9.5 – Summary of Material Indebtedness and Security Arrangements”.

  • The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to the Project Control Account.

  • The Agnews Owner Trustee has a lien on the Agnews Project Control Account and all of the other accounts created under the Agnews Project Revenues Agreement other than the contract completion account.

  • Universal Trustee (Malaysia) Berhad as Security Trustee and (3) RHB Sakura as Programme Agent which supercedes the Additional Project Control Account Agreement dated 20 November 1989 made between PLUS, Bumiputra-Commerce Bank Berhad (as project agent) and Bumiputra-Commerce Trustee Berhad (as trustee).

  • Universal Trustee (Malaysia) Berhad as Security Trustee and (3) RHB Sakura as Programme Agent which supercedes the Additional Project Control Account Agreement dated 20 November 1989 made between PLUS, Bumiputra-Commerce Bank Berhad (as project agent) and Bumiputra- Commerce Trustee Berhad (as trustee).


More Definitions of Project Control Account

Project Control Account has the meaning provided in Section 6.1(b) of the Credit Agreement.
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Project Control Account has the meaning provided in Section 4.1(a) of this Agreement.
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Project Control Account has the meaning set forth in Section 2.20.
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Project Control Account has the meaning provided in Section 2.1 of the Deposit Agreement.
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Project Control Account shall have the meaning given to such term in the Security Deposit Agreement.
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Related to Project Control Account

  • Control Account means a Securities Account or Commodities Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodities Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

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

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • 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.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Completion Accounts has the meaning given in Paragraph 4.1, 4.2(A) or 4.2(B) (as applicable) of Part A of Schedule 8 (Completion Accounts);

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

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

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

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Collection Account Bank and Lender providing for the exclusive control of the Collection Account and all other Accounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • 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.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

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

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.