Project Revenue Account definition

Project Revenue Account means the account established by or on behalf of the Seller pursuant to the definitive documents entered into in respect of the Financing into which Seller’s share of all revenues deposited into the Project is to be deposited.
Project Revenue Account has the meaning specified in the Common Security Agreement.
Project Revenue Account means the account opened at the Agent in the name of the Borrower and maintained at the sole expense of the Borrower, subject to the Security in favour of the Agent (including the Blocked Accounts Agreement) and into which, inter alia, shall be deposited the proceeds of all Loans and which account shall operate pursuant to, and in accordance with, this Agreement.

Examples of Project Revenue Account in a sentence

  • To the extent the expenses incurred by the Foundation to fulfill its obligations under this Article exceed the revenues from the Project and any excess revenues held in the Project Revenue Account in any Fiscal Year, the Foundation shall be responsible for funding any such shortfall from its own moneys.

  • All revenues from the operation of the Project shall be deposited in a separate account established by the Foundation for such purpose (the "Project Revenue Account").


More Definitions of Project Revenue Account

Project Revenue Account. As defined in the Collateral Agency Agreement.
Project Revenue Account. The Project Account created under clause (iv) of Section A.1(a) of Appendix A to the Common Agreement.
Project Revenue Account. The account set forth in Section 3.1 of the Depositary Agreement.
Project Revenue Account has the meaning set forth in Section 2.4.1.
Project Revenue Account means a deposit account established by a Project Company Guarantor to receive payments in respect of Revenue Contracts to which such Project Company Guarantor is a party.
Project Revenue Account means the account of that name established in the Bond Fund pursuant to Section 502 hereof.
Project Revenue Account has the meaning set forth in Section 5.01.