Special Account C definition

Special Account C means the account referred to in Part B of Schedule 1 to this Agreement;
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Special Account C means the special deposit account opened for withdrawals in respect of expenditures made under Parts D.4 of the Project, and referred to in Part B.1 of Schedule 1 to this Agreement;
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Special Account C means the account referred to in Section 2.02 (b) of this Agreement;
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Examples of Special Account C in a sentence

  • The Borrower shall open and maintain in United States dollars five (5) separate special deposit accounts (Special Account A for Part A of the Project, Special Account B for Part B of the Project, Special Account C for Part C of the Project, Special Account D for Part D of the Project and Special Account E for Part E of the Project) in one or more commercial banks, on terms and conditions satisfactory to the Administrator, including appropriate protection against set-off, seizure and attachment.

  • Special Account A shall be used exclusively to finance expenditures under Category (1); Special Account B shall be used exclusively to finance expenditures under Category (2) and Special Account C shall be used exclusively to finance expenditures under Categories (3), (4), (5) and (6).

  • For the purposes of this Annex, the term “Authorized Allocation” means: (a) the amount of $250,000 to be withdrawn from the GEF Trust Fund Grant Account and deposited into Special Account A; (b) the amount of $250,000 to be withdrawn from the GEF Trust Fund Grant Account and deposited into Special Account B; and (c) the amount of $185,000 to be withdrawn from the GEF Trust Fund Grant Account and deposited into Special Account C; all as pursuant to paragraph 2 of this Annex.

  • Project management moved funds in and out of the Special Account in violation of Schedule 5 of DCA, which lead the Bank to request a reimbursement of US$184,475.23 from the Special Account C.

  • For the purposes of this Annex, the term “Authorized Allocation” means the amount of $3,500,000 in respect of Special Account A, the amount of $1,400,000 in respect of Special Account B, the amount of $1,000,000 in respect of Special Account C and the amount of $7,600,000 in respect of Special Account D, to be withdrawn from the Loan Account and deposited into the Special Accounts pursuant to paragraph 2 of this Annex.

  • Special Account A shall be opened for the purposes of Part A of the Project, Special Account B for the purposes of Part B of the Project and Special Account C for the purposes of Part C of the Project.

  • The Borrower shall open and maintain in Dollars three (3) separate special deposit accounts (Special Account A for Parts A.1, B.1 and C.1 of the Project, Special Account B for Part A.2 of the Project and Special Account C for Parts B.2 and C.2 of the Project), in one or more commercial banks, on terms and conditions satisfactory to the Administrator, including appropriate protection against set-off, seizure and attachment.


More Definitions of Special Account C

Special Account C means the Special Account for KPLC and referred to in Part B of Schedule 1 of this Agreement;
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Special Account C means the special deposit account opened for withdrawals in respect of expenditures under Part A of the Project, and referred in Schedule 5 to this Agreement;
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Special Account C means the special deposit account opened for withdrawals in respect of expenditures made for Project activities implemented at the provincial or sub-provincial level, in Provinces where there are no banking facilities and referred to in paragraph B.1 of Schedule 1 to this Agreement;
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Special Account C means the special deposit account referred to in Part B.1(c) of Schedule 1 to this Agreement;
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Related to Special Account C

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

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Control Account means a Securities Account or Commodities Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodities Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

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

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.