Property Accounts definition

Property Accounts means the Rent Deposit Accounts and Borrower’s Operating Account.
Property Accounts has the meaning set forth in Section 3.08(c) hereof.
Property Accounts means the Rent Deposit Account and the Borrower’s Operating Account.

Examples of Property Accounts in a sentence

  • The Council also administers funds arising from Receiverships, Appointeeships, Residents’ Property Accounts and other funds held on behalf of social services establishments.

  • In Instructions for Carrier Property Accounts, Instruction 3–5, paragraph (a) is amended by removing the words ‘‘except that the related labor expense shall be charged to the maintenance expense account’’.

  • There are four different business property types appraised by the RCAD’s business personal property section: Business Personal Property Accounts; Leased Assets; Vehicles; and Multi- Location Assets.

  • In Instructions for Carrier Property Accounts, Instruction 3-3, paragraph (11)(iii) and paragraph (13) are added to read as follows: Instructions for Carrier Property Accounts * * * * * 3-3 Cost of property constructed.

  • This is the last time, therefore, that I shall be penning my annual statement to shareholders and, by a happy coincidence and with quite extraordinarily good timing, in the past few months Great Portland has won three prestigious awards in the form of overall winner of The Property Accounts Awards, The Best Accounts in the FTSE 250 and Property Company of the Year.


More Definitions of Property Accounts

Property Accounts means each of the accounts of Borrower identified on Schedule XIII hereto, as same may be replaced from time to time with the approval of Lender, not to be unreasonably withheld, conditioned or delayed.
Property Accounts shall have the meaning set forth in the Mortgage Loan Agreement.
Property Accounts means each of the accounts of Borrower identified on Schedule XIII hereto.
Property Accounts shall have the meaning set forth in Section 2.6.1 hereof.
Property Accounts as defined herein, (b) as of the Closing Date and for a period of thirty (30) days after the Closing Date, the Terminated Accounts may remain open in the name of Borrower, (c) Borrower shall, within thirty (30) days after the Closing Date, close the Terminated Accounts, (d) Borrower shall not deposit any Rents or other revenue generated by the Properties into any Terminated Account after the Closing Date, and (e) such Terminated Accounts shall not be subject to a Property Account Control Agreement. 4.2.6
Property Accounts means all of the bank accounts maintained by Borrower, each of which shall be a Deposit Account established with a financial institution approved by the Administrative Agent in its reasonable discretion and shall be subject to a Deposit Account Control Agreement.
Property Accounts has the meaning set forth in Section 2.20(c) hereof.