Examples of Restricted Account Agreement in a sentence
A Restricted Account Agreement is an agreement whereby a federally insured financial institution certifies that no assets may be withdrawn without an order from this court.
I must enter into a new Restricted Account Agreement at application to start a new Restricted Account.
Before the appointment of a Conservator can be completed, a surety bond or Restricted Account Agreement must be filed.
A Restricted Account Agreement is required if there is a break in aid.
Notwithstanding anything in the Agreement to the contrary, Lessor and Lessee agree that for purposes of this Lease only, the Restricted Account Agreement constitutes an “Escrow Agreement” and, to the extent applicable, the Account constitutes an “Escrow Fund,” under the applicable provisions of the Agreement.