Realisation Account definition

Realisation Account means each account maintained from time to time by Advent for the purposes of clause 7 at the main branch of the Account Bank or such other branch of the Account Bank as the Trustee may from time to time approve;
Sample 1Sample 2Sample 3
Realisation Account means each account maintained from time to time by the Security Trustee for the purposes of Clause 8.7 (Realisation Accounts).
Sample 1Sample 2Sample 3
Realisation Account means the account established by the Security Trustee pursuant to paragraph 2.2 of Schedule 4 (Security Trust).
Sample 1Sample 2

Examples of Realisation Account in a sentence

  • For this purpose, a Realisation Account is prepared to ascertain the net effect (profit or loss) of realisation of assets and payment of liabilities which may be is transferred to partner’s capital accounts in their profit sharing ratio.

  • It may be noted that sundry debtors are transferred at gross value and the provision for doubtful debts is transferred to the credit side of Realisation Account along with liabilities.

  • All asset accounts excluding cash, bank and the fictitious assets, if any are closed by transfer to the debit of Realisation Account at their book values.

  • The annual premium paid on the joint life policy was debited to the Profit and Loss account.Prepare Realisation Account, Cash Account and Partners Capital Accounts.

  • Cash balance was Rs. 20,000.Sundry assets realised Rs. 7,50,000 and expenses on dissolution were Rs. 2,000 which were paid by Sudhir.Prepare Realisation Account, Cash Account and Partners Capital Accounts.

  • Answer : Books of Rashim and Bindiya Q2 : The book value of assets (other than cash and bank) transferred to Realisation Account is Rs 1,00,000.

  • I UNDERSTAND AND ACCEPT THAT I AM GIVING UP SUBSTANTIAL RIGHTS, INCLUDING THE RIGHT TO SUE.

  • You are required to prepare a Realisation Account and Capital Accounts of the Partners.

  • Realisation A/c Dr.To Partner’s Capital A/cNote : Both Unrecorded Assets and Unrecorded Liabilities will NOT be Transferred to Realisation Account as these are NOT the Parts of the Balance Sheet .

  • Answer : To Realisation A/c 3,000(Unrecorded computer taken over by Nitin) Q6 : Reproduce the format of Realisation Account.


More Definitions of Realisation Account

Realisation Account means each account maintained from time to time by the Security Trustee for the purposes of Clause 8.9 (Realisation Accounts).
Sample 1
Realisation Account an interest-bearing Dollar account opened in the books of Deutsche Bank A.G. entitled "Deutsche Bank A.G. - Realisation Account re [*Group Company*]" into which Net Disposal Proceeds are to be paid pursuant to Clause 14.8 (Realisation Account);
Sample 1

Related to Realisation Account

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Principal Account(s means deposit accounts of the Fund or a Portfolio carried on the books of BBH&Co. as principal in accordance with Section 7 hereof.

  • Finance Charge Account is defined in Section 4.9(a).

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

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

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

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Note Account As defined in the Indenture.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ALT-A Trust 2004-8, Mortgage Pass-Through Certificates, Series 2004-8 - Master Servicer Collection Account," and which shall be an Eligible Account.

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

  • REO Account The account or accounts maintained by the Master Servicer in respect of an REO Property pursuant to Section 3.23.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.