Reserve Fund Account definition

Reserve Fund Account means the Euro denominated account established in the name of the Guarantor with the Account Bank, IBAN IT41Q623012700000037051251, or such other substitute account as may be opened in accordance with the Cash Allocation, Management and Payments Agreement.

Reserve Fund Account has the meaning set out in Section 6.3(2);

Reserve Fund Account means the interest bearing deposit account No. 7007006405 in the name of Borrower held with Community Bank, N.A.

Examples of Reserve Fund Account in a sentence

• In addition, the Issuer will have available to it the balances standing to the credit of the Reserve Fund Account.

• If the Notes have been redeemed in full and all other obligations in respect of the Notes have been satisfied on the Quarterly Payment Date immediately before such Quarterly Calculation Date or will be satisfied on the next Quarterly Payment Date, all amounts standing to the credit of the Reserve Fund Account may be released and thus the Reserve Fund Required Amount will be reduced to zero, save for any amounts reasonably determined by the Administrator.

• If the balance standing to the credit of the Reserve Fund Account on any Quarterly Calculation Date, exceeds the Reserve Fund Required Amount, such excess amount shall be debited from the Reserve Fund Account on the next following Quarterly Payment Date, credited to the Transaction Account, and form part of the Quarterly Interest Available Funds, to be applied in accordance with the Quarterly Interest Priority of Payments.

• Documentary proof, sealed and signed by authorized signatory, must be submitted.

• Issuer Cash (C)<CSA Collateral> <Issuer Cash (excludes the balance of cash of CSA Collateral, FX Cash Reserve and Interest and Expenses Reserve Fund Account)> 1.

More Definitions of Reserve Fund Account

Reserve Fund Account has the meaning set out in Section 6.3(2); [OPTION FOR 292 PARLIAMENT: "Residential Portion" means the portion of the Demised Premises consisting of Residential Units and common areas required for the operation of the Residential Units, as more particularly identified in Schedule A.]

Reserve Fund Account. An additional bank account in Tajik Somonis to hold unused funds from the preceding years and also to hold funds earmarked for any planned projects.

Reserve Fund Account means the Euro denominated account established in the name of the Guarantor with the English Account Bank with number 2372349780 (IBAN: GB84IRVT70022524120680), or such other substitute account as may be opened in accordance with the English Account Bank Agreement."

Reserve Fund Account means an account within the Reserve Fund as described in Section 5.3 hereof.

Reserve Fund Account means the account denominated in Euro (IBAN: IT03P0100503200000000022677) opened in the name of the Guarantor and held by BNL or any other substitutive account which may be opened by the Guarantor pursuant to the Cash Allocation, Management and Payments Agreement.

Reserve Fund Account means the segregated interest bearing account which, prior to the Closing Date, has been established by the Servicer in the name of the Borrower for the benefit of the Noteholders at Bank One, NA having account number 6800061701 (ABA: 000-000-000; DDA# 980218675).

Reserve Fund Account. It shall have the meaning specified in Section Ten (c) hereof.