State payment account definition

State payment account means an account to be established with
Sample 1Sample 2Sample 3
State payment account means an account to be established with a payment bank by the State and used to pay the State’s payment obligations under a structured financing agreement.
Sample 1

Examples of State payment account in a sentence

  • The State Treasurer may establish a State payment account for a structured financing transaction.

  • There are appropriated such moneys as are required to be 4 deposited in a State payment account for the purposes specified in the 5 related structured financing agreement.

  • HoD (Admn.) with a request to display this Notice in Koyla Bhawan Notice Boards.3. All GMs in the Areas including Washery Zones for wide circulation through display in the Notice Boards.4. GM (Contract Management Cell), CIL/ ECL/WCL/CCL/SECL/NCL/MCL.

  • The Delegation endorsed what had been said by the representative of the African Group and indeed by other regional groups, and strongly supported the adoption of the International Bureau’s proposal.

  • Consultant has designed a testing process which may be administered to students at universities and colleges to identify those individuals most likely to discontinue their education at the Client institution.

  • C.52:31C-5 Establishment of State payment account for structured financing transaction.

  • If the State Treasurer 41 determines that a State payment account should be established, the 42 State Treasurer is authorized to: 43 (1) Select the payment bank in such manner as the State Treasurer 44 may determine to be appropriate; 45 (2) Direct the deposit of monies to the payment bank to fund the 46 State payment account; and 1 (3) Take any actions necessary or convenient in connection with 2 the establishment of the State payment account.

  • The Pre- Application must be submitted by 5:00 PM MST Wednesday, September 23, 2020.

  • The State Treasurer may establish a State payment account 40 for a structured financing transaction.

Related to State payment account

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

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

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • 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.

  • Administration Account As defined in Section 7.02.

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

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