Special Deposit Account definition

Special Deposit Account. An account which the Owner and the Servicer agree shall be a special deposit account for the benefit of the Owner under applicable law.
Sample 1Sample 2Sample 3
Special Deposit Account. Any demand deposit account established by the Servicer pursuant to an agreement with the related Qualified Depository that monies deposited in the account remain the property of the depositor thereof and are to be used specifically for the purposes set forth in this Agreement.
Sample 1Sample 2Sample 3
Special Deposit Account means a special deposit account established under section 8 of the Public Finance and Audit Act 1987;
Sample 1Sample 2Sample 3

Examples of Special Deposit Account in a sentence

  • This is cash in Special Deposit Accounts and trust funds that can only be used in line with the Special Deposit Account legislation and for trust fund purposes.

  • The Acknowledgment and Agreement provides an acknowledgment by 510 Ocean Drive of its intent and ability to materially support the Plan, including the Bankruptcy Rule 3020(a) Plan provision for a Special Deposit Account prior to confirmation.

  • Other successes included positive consequences from the ditch clearance project such as substantial clear-up the fence line on £20 Meadow and removal of 8 large trees.

  • The Special Deposit Account is used for funds provided by State Government appropriation, Commonwealth grants and revenues from fees and charges.

  • If the market is unable to provide affordable housing, we as a municipality will do it ourselves.


More Definitions of Special Deposit Account

Special Deposit Account means the account referred to in Section 3.02 (a) of this Agreement.
Sample 1Sample 2Sample 3
Special Deposit Account means an account maintained with the Bank in which funds are deposited pursuant to Section 2.1(e) or Section 10.2(c).
Sample 1Sample 2Sample 3
Special Deposit Account means an account established under section 8;
Sample 1Sample 2Sample 3
Special Deposit Account means a special deposit account established under section 8 of thePublic Finance and Audit Act 1987; "spouse" includes a putative spouse;
Sample 1Sample 2Sample 3
Special Deposit Account shall have the meaning ascribed to it in Section 4.3.
Sample 1Sample 2
Special Deposit Account means the account established under the Loans, Grants and Guarantee (Authorisation) Act, 2018;
Sample 1Sample 2Sample 3
Special Deposit Account means an account established under section 15 which consists of a Government bonds proceeds account, treasury bills proceeds account and any other account for purposes of depositing loan proceeds raised in accordance with this Act; and
Sample 1Sample 2