Residual Account definition

Residual Account the account or accounts by that name established and maintained by the Trustee pursuant to Section 3.01.

Residual Account. The account designated as such in, and established and maintained pursuant to, Section 8.06 of the Indenture.

Residual Account means the account designated as such in, and established and maintained pursuant to, Section 8.06.

Examples of Residual Account in a sentence

• Our goal is to assist those with lifelong intellectual, physical, and behavioral disabilities who have no other resources to obtain the needed product or service.Funds in the Charitable Residual Account are to be used as a last resort, when there isno other funding available for the service or support.

• When a Residual Application is received by the Residual Account Coordinator, it is immediately reviewed using a checklist for completeness.

• Possession/Use/Distribution/Sale of controlled substances/tobacco products.

• Residual Account balances‌ If the Account Owner does not use the funds for the Beneficiary for any reason and funds remain in the Account, the Account Owner can choose from three options.

• A completed Joinder Agreement, signed by an appropriate party, must be returned to the Residual Account Staff before any payments will be processed and/or items purchased.

More Definitions of Residual Account

Residual Account means the Residual Account established and maintained pursuant to Section 7.01 hereof.

Residual Account means the account or accounts by that name established and maintained by Indenture Trustee pursuant to Section 6.1(a) of the Pooling and Servicing Agreement.

Residual Account means an account established and maintained by (and in the name of) ISO to allow Bank to credit funds as provided in Section 6.

Residual Account has the meaning ascribed to such term in Section 3 of the Escrow Agreement.

Residual Account. The segregated account or accounts created and maintained by the Trustee pursuant to Section 1.05(a) which shall be entitled "State Street Bank and Trust Company, as Trustee, in trust for the registered holders of FDIC REMIC Trust 1996-C1, Commercial Mortgage Pass-Through Certificates, Series 1996-C1".

Residual Account. The account designated as the “Residual Account” established pursuant to the Account Control Agreement (Other Accounts) among the Issuer, the Indenture Trustee, the Servicer, the Back-Up Servicer and the Lock-Box Bank, or any successor commercial bank as set forth in Section 10.2.

Residual Account means a commercial account maintained by ISO/MSP with Bank in ISO/MSP's name as described in Section 5 of this Agreement.