Examples of Subaccounts in a sentence
Pursuant to Section 3.2(d)(i) of the Development Agreement, from and after the Authority Catch-up Achievement Date until the Section 35(2)(b) Date (subject to StadCo’s obligation to fund Cost Overruns), on or before the [third] Business Day after the [22nd] day of each month, StadCo shall deposit the proceeds of a StadCo Source of Funds constituting a portion of the StadCo Contribution Amount to the StadCo Contribution Trust Account and the appropriate Subaccounts therein.
The Trustee shall, as and when requested by the Authority in writing, establish additional Subaccounts to contain any additional amounts contributed by the Authority.
The Trustee shall, as and when requested by FinanceCo in writing, establish additional Subaccounts to contain any additional amounts relating to the PSL Revenue Sales.
The Trustee shall, as and when requested by XxxxXx in writing, establish additional Subaccounts to contain proceeds from any additional StadCo Source of Funds.
In addition, and to the extent applicable at any time prior to the Final Authority Contribution Date, on or before the [third] Business Day following the [22]nd day of the month, StadCo shall deposit the proceeds of a StadCo Source of Funds constituting a portion of the StadCo Contribution Amount to the StadCo Contribution Trust Account and the appropriate Subaccounts therein in an amount equal to the Authority Contribution Shortfall for such month.