Renewal Account definition

Renewal Account the account by that name established and maintained --------------- by the Trustee pursuant to Section 3.01 Renewal Account Deposit Period: the period from the Payment Date on ------------------------------ which a Renewal Trigger Event has occurred until the Payment Date succeeding such Payment Date on which no Renewal Trigger Event exists.
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Renewal Account has the meaning given to it in Article 54.6(e)(ii).
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Renewal Account the account by that name established and maintained by the Trustee pursuant to Section 3.01
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Examples of Renewal Account in a sentence

  • Any amounts on deposit in the Renewal Account in excess of the Required Renewal Amount will be deposited into the Collection Account.

  • Prior to each Payment Date, the Trustee shall transfer from the Renewal Account to the Collection Account the amount specified by the Servicer in the related Servicing Report representing investment earnings on amounts held in the Renewal Account.

  • Repairs and Renewal Account: This was set up under the provisions of the Local Government (Miscellaneous Provisions) Act 1976 and is maintained for the purchase of vehicles and plant and is funded through notional depreciation charges on purchases.

  • During a Renewal Account Deposit Period, Available Funds remaining after the payment of the Required Payments and amounts required to be deposited into the Reserve Account shall be deposited into the Renewal Account to the extent the amount on deposit in the Renewal Account is less than the Required Renewal Amount, but not in excess of the amount of Renewal Payments for the preceding Due Period.

  • In addition, contingent on the enactment of Senate Bill 494, or similar legislation creating the Capitol Renewal Account, the unexpended balances appropriated herein shall be transferred to the General Revenue - Dedicated Capitol Renewal Account and are hereby appropriated to the State Preservation Board for the same purpose for the fiscal year beginning September 1, 1999.

  • Also, for the fiscal year beginning September 1, 1999, contingent on the enactment of Senate Bill 494, or similar legislation creating the Capitol Renewal Account, $1,500,000 shall be transferred to the Capitol Renewal Account from the Capitol Fund and is hereby appropriated for the purpose of funding major repairs and major equipment replacement for the Capitol and the Capitol Extension.

  • The CCO will promptly and in accordance with IARD requirements fund the firm’s IARD Renewal Account.

  • Current bond rates for the State are AAA by Moody’s, AA+ by Standard and Poor’s, and AAA by Fitch.CAPRA S Capital Asset Preservation and Renewal Account – Bond funds allocated to state agencies for the purpose of restoring or maintaining buildings and otheritems of a capital nature.

  • In addition, you agree that we will allow you to fund your FINRA Flex-Funding Account or Renewal Account through the Services.

  • The Renewal Account is the account the organization will use to participate in the annual CRD Renewals Program.


More Definitions of Renewal Account

Renewal Account means with respect to any Account which is renewed or extended in accordance with its terms, such Account from and after such renewal or extension.
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Related to Renewal Account

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Individual account program means the defined contribution individual account program of

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • 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.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Financial Account means an account maintained by a Financial Institution, and includes: (1) in the case of an Entity that is a Financial Institution solely because it is an Investment Entity, any equity or debt interest (other than interests that are regularly traded on an established securities market) in the Financial Institution; (2) in the case of a Financial Institution not described in subparagraph 1(q)(1) of this Article, any equity or debt interest in the Financial Institution (other than interests that are regularly traded on an established securities market), if (i) the value of the debt or equity interest is determined, directly or indirectly, primarily by reference to assets that give rise to U.S. Source Withholdable Payments, and (ii) the class of interests was established with a purpose of avoiding reporting in accordance with this Agreement; and (3) any Cash Value Insurance Contract and any Annuity Contract issued or maintained by a Financial Institution, other than a noninvestment- linked, nontransferable immediate life annuity that is issued to an individual and monetizes a pension or disability benefit provided under an account that is excluded from the definition of Financial Account in Annex II. Notwithstanding the foregoing, the term “Financial Account” does not include any account that is excluded from the definition of Financial Account in Annex II. For purposes of this Agreement, interests are “regularly traded” if there is a meaningful volume of trading with respect to the interests on an ongoing basis, and an “established securities market” means an exchange that is officially recognized and supervised by a governmental authority in which the market is located and that has a meaningful annual value of shares traded on the exchange. For purposes of this subparagraph 1(q), an interest in a Financial Institution is not “regularly traded” and shall be treated as a Financial Account if the holder of the interest (other than a Financial Institution acting as an intermediary) is registered on the books of such Financial Institution. The preceding sentence will not apply to interests first registered on the books of such Financial Institution prior to July 1, 2014, and with respect to interests first registered on the books of such Financial Institution on or after July 1, 2014, a Financial Institution is not required to apply the preceding sentence prior to January 1, 2016.

  • Annual Accounts means the accounts of the licensee prepared in accordance with the provisions of the Companies Act, 1956 and/or in such other manner as may be directed by the Commission in terms of the provisions of the Act;

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Additional Account means each New Account and each Aggregate Addition Account.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • New Account means each charge account established pursuant to an Account Agreement between Centurion and any Person, which account is designated pursuant to Subsection 2.03(a) to be included as an Account and identified on an Account Schedule delivered pursuant to Sections 2.01 and 2.03.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

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

  • Applicable Account means, with respect to any payment to be made to the Administrative Agent hereunder, the account specified by the Administrative Agent from time to time for the purpose of receiving payments of such type.