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. 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 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 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 17.

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

Reserve Fund Account. The meaning specified in Section 10.18 hereof.

Reserve Fund Account. The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.01 in the name of the Trustee for the benefit of the Certificateholders and designated "Wells Fargo Bank, N.A., in trust for registered holders of BCAP 2006-RR0 Xxxecuritization Pass-Through Certificates, Series 2006-RR1."