Site Acquisition Account definition

Site Acquisition Account means an account, in the name of the Indenture Trustee, the purpose of which is to fund the acquisition of Additional Wireless Site Assets or Additional Obligor Wireless Site Assets during a Site Acquisition Period. The amount to be deposited into the Site Acquisition Account on the Closing Date of a particular Series will be the amount specified in the Series Supplement for such Series.
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Site Acquisition Account means each account established by the Issuer in connection with the issuance of a Series of Notes, the purpose of which is to fund the acquisition of Additional Tenant Site Assets or Additional Obligor Tenant Site Assets during a Site Acquisition Period. The amount to be deposited into a Site Acquisition Account for a Series of Notes on the Closing Date of such Series will be the amount specified in the Series Supplement for such Series.
Sample 1Sample 2
Site Acquisition Account means each account established by the Issuer in connection with the issuance of a Series of Notes, the purpose of which is to fund the acquisition of Additional Tenant Site Assets or Additional Obligor Tenant Site Assets during a Site Acquisition Period. The amount to be deposited into a Site Acquisition Account for a Series of Notes on the Closing Date of such Series will be the amount specified in theSeries Supplement for such Series.
Sample 1

Examples of Site Acquisition Account in a sentence

  • Upon receipt of such certificate by the Indenture Trustee, the Indenture Trustee shall (i) transfer an amount equal to the Additional Tenant Site Assets Advance Rents Deposit from the applicable Site Acquisition Account to the Advance Rents Reserve Account and (ii) transfer the amount of funds specified in the certificate to be released from the applicable Site Acquisition Account (less the amount of such Additional Tenant Site Assets Advance Rents Deposit) to the Issuer or its order.

  • The Issuer shall deposit with the Indenture Trustee the amounts necessary to fund each of the Reserves and each Site Acquisition Account as set forth below.

  • If agreement form indicated a firm other than the Proposer is contractor, vendor, or payee, the proposed contractor, vendor or payee must also indicate concurrence with the deletion of such clauses.

  • Income realized from the investment of funds in any Site Acquisition Account shall be paid to, or at the direction of, the Issuer on each Payment Date.

  • Unless otherwise expressly provided herein, all funds of the Obligors which are deposited with the Collection Account Bank as Reserves or with any Site Acquisition Account Bank hereunder shall be invested by such institution in one or more Permitted Investments at the direction of the Manager in accordance with the Cash Management Agreement and any investment income with respect thereto shall be credited to the related Reserve Account or the applicable Site Acquisition Account, as the case may be.

  • Deposits into the Reserves or any Site Acquisition Account on any Closing Date may occur by deduction from the amount of proceeds of the issuance of the Notes on such Closing Date that otherwise would be disbursed to the Issuer, followed by deposit of the same into the applicable Reserve Account or Site Acquisition Account, as the case may be, in accordance with the Cash Management Agreement on such Closing Date.

  • Vernon and family for the property listed as part of Liber 2478, folio 388 on Wilson Lane, Bethesda, Maryland, containing .0653 acre, for the sum of $700 less the previous year's tax liability for said property; and be it further Resolved, That the source of funds for the purchase of this property is to be the Site Acquisition Account 91-140-0-01-00991.

  • On or before the Closing Date for any Series of Notes for which a Site Acquisition Account is established, an Eligible Account shall be established by the Issuer to serve as the Site Acquisition Account for such Series of Notes (the depositary institution in which such Site Acquisition Account is maintained, the “Site Acquisition Account Bank”).

  • Furthermore, the 1988 Deed clearly states that if any portion of the land, or any interest shall be developed and/or operated for the production of oil, gas, or other minerals, then Vyvjala and Novak “shall own and be entitled to receive as a free royalty, free and clear of all costs and expenses, one-fourth (1/4th) of the oil, gas and/or other minerals produced” from the land or any portion of the land.

  • Those funds were borrowed from the Site Acquisition Account to forward fund the two construction projects until construction funds become available for FY 2005.

Related to Site Acquisition Account

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Asset Sale Proceeds Account means one or more deposit accounts or securities accounts holding the proceeds of any sale or disposition of any Notes Collateral.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

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

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Investment Account As defined in Section 3.12(a).

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the September 2003 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the March 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Collection Accounts As defined in Section 3.10(a).

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity, in each case, at the date of such acquisition having a credit rating of at least A-1 from S&P and at least P-1 from Moody’s; provided that such agreement provides that it is terminable by the purchaser, without penalty, if the rating assigned to such agreement by either S&P or Xxxxx’x is at any time lower than such ratings.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Dividend Reinvestment Acquisition means an acquisition of Voting Shares pursuant to a Dividend Reinvestment Plan;

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.