Special Account definition

Special Account means the account referred to in Section 2.02 (b) of this Agreement.

Special Account means the account referred to in Section 2.02 (b) of this Agreement;

Special Account means the account referred to in Part B of Schedule 1 to this Agreement;

Examples of Special Account in a sentence

• The Borrower may open and maintain in Dollars, in its Central Bank, and on terms and conditions satisfactory to the Association: (a) a special deposit account for Part A of the Project (the BANHPROVI Special Account); and (b) a special deposit account for Parts B through E of the Project (the FHIS Special Account).

• Any and all proceeds of such disposal shall be applied against the repayment/payment/pre-payment of the Obligations and/or to deposit the same to the Special Account, as the Bank deems appropriate.

• Should the Security be nationalized by any government authority or otherwise expropriated and the Customer thereby becomes entitled to receive payment, the Bank shall be entitled to, and the Bank is hereby authorized by the Customer to, receive said payment on behalf of the Customer and to apply all of such payment to the repayment/payment/pre-payment of the Obligations and/or to deposit the same to the Special Account, as the Bank deems appropriate.

• Notwithstanding anything herein to the contrary, all payments by the Customer to the Bank or deposited to the Special Account shall be applied to Obligations and other sums owing to the Bank in the order of priority set out in Articles 321, 322 and 323 of the Civil Code of the Republic of China.

• For this purpose all references in said Articles and Schedules to: (a) the “Administrator” shall be deemed to be references to the International Development Association as Administrator of the Grant; (b) the “Credit” and “Credit Account” shall be deemed to be references to the Grant and the Grant Account; and (c) the “Special Account” shall be deemed to be references to the Special Account referred to in Section 2.02 (b) of this Agreement.

More Definitions of Special Account

Special Account means a managed account in which a financial adviser, trustee, or other person buys or sells Restricted Trading Securities for a Covered Person (or for a person in whose securities a Covered Person has a Beneficial Ownership interest), provided that the account meets the requirements described in Section D.2.f.(4).

Special Account means a specified cash collateral account maintained by a financial institution acceptable to the Lender in connection with Letters of Credit, as contemplated by Section 2.6.

Special Account means an account as defined for the purposes of Chapter 4A of Part 8 of the Jobseeker’s Allowance Regulations or Chapter 5 of Part 10 of the Employment and Support Allowance Regulations;

Special Account means the account maintained by the Company with a bank in Singapore for the purpose of crediting moneys paid by exercising Warrantholders in satisfaction of the Exercise Price in relation to the Warrants exercised by such exercising Warrantholders;

Special Account means any of the Special Accounts.

Special Account means one or more of the Special Accounts established in the Debt Service Reserve Fund by a Supplemental Resolution pursuant to the Second Resolution.

Special Account means the account referred to in Part B.1 of Schedule 1 to this Agreement;