Tracking Account definition

Tracking Account has the meaning set forth in paragraph (a) of Section 17.2 (Tracking Account).

Tracking Account has the meaning given in the Energy Hedge Agreement.

Tracking Account means a ledger account maintained by the Lender that tracks amounts paid from time to time to the Lender by the Credit Protection Insurer pursuant to the Credit Protection Insurance Policy, as reduced by amounts reimbursed from time to time to the Credit Protection Insurer pursuant to Section 4.5 of this Agreement.

Examples of Tracking Account in a sentence

• If the amount of interest credited is more than the Available Earnings, charge the shortfall to the Contra Tracking Account.

• In order to protect PG&E against the possibility that the State and/or federal taxing authorities successfully assert that the regulatory asset should be taxed in full in the year in which it is established rather than as it is amortized, the proposed settlement authorizes PG&E to create a Tax Tracking Account to record such a tax payment and to collect it from the ratepayers over time rather than all at once.

• The Aquatics Fund shall be a Tracking Account maintained by the Licensees with all accrued interest being credited to the Aquatics Fund.

• Maintain a “Contra Tracking Account” to track any shortfalls of Available Earnings relative to earnings required to credit full interest to valuation reserves, and in subsequent years, use Available Earnings remaining after crediting such reserve interest to restore any prior shortfalls as tracked in the Contra Tracking Account.

• Any Available Earnings remaining after crediting full interest to valuation and non- valuation reserves and restoring the Contra Tracking Account and restoring the Contingency Reserves to their target levels constitute Undistributed Earnings.

More Definitions of Tracking Account

Tracking Account has the meaning ascribed thereto in Section 5.2(a).

Tracking Account has the meaning set forth in the Hedge Facility Agreement.

Tracking Account has the meaning set forth in the Accounts Agreement.

Tracking Account with respect to any Commodity Hedge and Power Sales Agreement, any “tracking account” or other deferral of ordinary course settlement payment included in any Permitted Commodity Hedge and Power Sale Agreement that provides the Borrower or any of its Subsidiaries with liquidity to address node-to-zone volume and pricing basis risk.

Tracking Account has the meaning assigned to such term in Section 12.1(a).

Tracking Account means a record maintained by a Licensee either electronically or on paper that functions like a checkbook register that is used to keep track of the amount of funding that such Licensee is obligated to provide under a particular provision of this Agreement. Tracking Accounts shall indicate the amounts disbursed, interest accrued, if any, and remaining balance available for expenditure for each fund. The Licensees shall maintain separate Tracking Accounts for each fund established under this Agreement. A

Tracking Account has the meaning set forth in Section 13.02(a).