Series A Account definition

Series A Account means the account by that name created in Section 4.1 of this
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Series A Account shall have the meaning set forth in Section 2.9.
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Series A Account means the segregated trust account established in the name of the Regular Trustee pursuant to Section 3.1(a) hereof.
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Examples of Series A Account in a sentence

  • The Corporation may establish sub-accounts within each 2021 Series A Account to the extent consistent with the General Resolution and this Supplemental Resolution.

  • In the event the shares of common stock of SHI in the Series A Account represent more than 15% of the voting power of SHI, such shares shall be voted by the Company, which will vote such shares pro rata based on the results of the votes cast by Stockholders other than the Company.

  • Pursuant to Section 506 of the Restated Indenture, there is hereby established a separate sub-account in the 2019 Series A Account of the Debt Service Fund established under Supplemental Indenture No. 51 to be designated the “2019 Series A Capitalized Interest Sub-account” for deposit and disbursement of funds for interest on the Series A of 2019 Bonds.

  • The Corporation shall (except as provided below) direct the Trustee in writing to invest and reinvest the moneys in any 2021 Series A Account in Investment Securities so that the maturity date or date of redemption at the option of the owner thereof shall coincide as nearly as practicable with (but in no event later than) the times at which moneys are needed to be expended.

  • AIG Capital shall have the right to cause the Company to sell all or any portion of the Series A Account Assets from time to time in accordance with Article IX, and FCFI shall have the right to cause the Company to sell all or any portion of the Series B Account Assets from time to time in accordance with Article IX.

  • The Series Property of Series A is the Series A Account Assets, and the Series Property of Series B is the Series B Account Assets.

  • The Trustee shall advise the Corporation in writing, on or before the twentieth (20th) day of each calendar month, of all investments held for the credit of each 2021 Series A Account in its custody under the provisions of this Supplemental Resolution as of the end of the preceding month.

  • The Company shall not (and shall not seek to) in any manner directly or indirectly sell or transfer (other than sales made in accordance with Article IX), pledge or in any other manner encumber or dispose of either the Series A Account Assets or the Series B Account Assets, in each case without the consent of AIG Capital (with respect to the Series A Account Assets) or FCFI (with respect to the Series B Account Assets).

  • Unless otherwise directed by the applicable holder of Series Interests, all Distributable Proceeds with respect to shares of SHI common stock held in the Series A Account or Series B Account shall be distributed to the applicable Series as soon as reasonably practicable following the completion of the sale.

  • AIG Capital shall have the sole right at all times to direct the Company to vote the shares of common stock of SHI in the Series A Account representing 15% or less of the voting power of SHI for all purposes, and the Company shall vote such shares in accordance with the direction of AIG Capital.

Related to Series A Account

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • 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.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Excess Interest Distribution Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Class S – Excess Interest Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the Excess Interest Certificates. The Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

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

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

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

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Note Account As defined in the Indenture.

  • Regular account means the account established for each active and inactive member un-

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.