Suspense Accounts definition

Suspense Accounts has the meaning set forth in Section 11.4.
Suspense Accounts means collectively, each account of a royalty interest owner in a Class Well operated by Chaparral as of the Petition Date that is not in pay status in the last available revenue transaction report for the Class Well that the Debtors provide to Settlement Class Counsel.
Suspense Accounts shall have the meaning given that term in Section 10.06.

Examples of Suspense Accounts in a sentence

  • Such transactions shall be accounted for by the treasuries in the State Section of Treasury accounts under the head "PAO Suspense - Transactions adjustable by PAO Ministry/ Department of ' below themajor head '8658 - Suspense Accounts' for necessary cash settlement by the State Accountant General with the concerned Pay and Accounts Office.

  • See also “equity method of accounting.” Suspense Accounts: Suspense accounts are temporary holding accounts in which items are carried until they can be identified and their disposition to the proper account can be made.

  • PDEx shall make available a Suspense Report providing details of all credits to Suspense Accounts.

  • The law authorizing the School and University Minerals Lease Suspense Accounts was repealed on July 1, 2003, and all revenue in the suspense accounts was transferred to the permanent funds.Table 8.

  • Distribution of revenue from state iron ore and taconite leases to the School and University Minerals Suspense Accounts, FY 2002-2003.‌ (*) In FY2002 and FY2003,100% was initially deposited in interest-bearing School Minerals Lease and University Trust Minerals Lease Suspense Accounts.


More Definitions of Suspense Accounts

Suspense Accounts means collectively, each account of a royalty interest owner in a Class Well operated by SPC as of the Petition Date that is not in pay status in the last available revenue transaction report for the Class Well that Defendants provide to Settlement Class Counsel.
Suspense Accounts. Any amount received or recovered by the Trustee (otherwise than as a result of a payment by the Issuer to the Trustee in accordance with Clause 2) in respect of any sum payable by the Issuer under this Trust Deed, the Notes or the Coupons may be placed in a suspense account and kept there for so long as the Trustee thinks fit.
Suspense Accounts means suspense accounts maintained by Seller holding monies payable to royalty owners, mineral owners and other persons with an interest in production of Hydrocarbons attributable to the Assets prior to the Closing Date that Seller has been unable to pay because of title defects, or because such Persons cannot be located or their identity is unknown or any other causes.
Suspense Accounts. Any amount received or recovered by any Senior Finance Party (otherwise than as a result of a payment by a Borrower to the Facility Agent) in respect of any sum due and payable by any Borrower under this Agreement may be placed in a suspense account and kept there for so long as the recipient thinks fit. Amounts deposited in any such account shall accrue interest at the Facility Agent's usual rate for deposits of a similar amount and nature from time to time and interest accrued shall be credited to such account.
Suspense Accounts and "Funds W/H - Group Medical" as set forth in the Estimated Business Statement of Assets and Liabilities or Final Business Statement of Assets and Liabilities, as appropriate, (iii) an amount equal to an additional 20% of the reserves for incurred but not reported claims and in course of settlement claims related to the American Long Term Care Reinsurance Group pool; and (iv) the Other Assumed Liabilities.
Suspense Accounts. Any amount received or recovered by the Collateral Agent, any Receiver or any Delegate in exercise of its rights under any Transaction Document may be credited to an 13 being credited to that account) until the Collateral Agent is satisfied that all the Liabilities have been discharged in full and that all facilities which might give rise to Liabilities have terminated.
Suspense Accounts means those Accounts deemed questionable as to collectability by any of the Borrowers.