Transition Accounts definition

Transition Accounts means, collectively, (i) that certain deposit account, with account number 4123417362, maintained by ICD at Xxxxx Fargo Bank, N.A. and (ii) that certain deposit account, with account number 4124020199, maintained by ICD at Xxxxx Fargo Bank, N.A.
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Transition Accounts is defined in Section 6.7.
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Transition Accounts means cash and investment accounts to be opened in the name of the Client in the books of a Custodian in connection with a Transition, including (without limitation) any cash accounts required only in respect of Acquisition Assets;
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Examples of Transition Accounts in a sentence

  • Section 5.6 - Effect of Establishing Liquidation or Transition Accounts: After an asset of an Investment Account has been set apart in a Liquidation or Transition Account, such assets shall be subject to the provisions of this Article, but such assets shall also be subject to all other provisions of this Declaration of Trust insofar as the same shall be applicable thereto and not inconsistent with the provisions of this Article.

  • Such Liquidation Accounts and Transition Accounts shall remain as part of the assets of the applicable Investment Account for purposes of determining the fee payable to the Trustee in accordance with such fee schedule as may apply from time to time.

  • Will there be fund restrictions?As a result of the fund mapping, the only restriction is that there will be no contributions or transfers into a Transition Accounts and there cannot be a direct transfer from a Transition Account into the final destination fund.

  • Ensure that the amount of work budgeted for meter repair and replacement contracts is realistic and the available contract funds are used as intended.(DEP officials replied to our draft audit report that they agree with the recommendation as worded.) Transition Accounts The Water Board is authorized to establish rates and fees for New York City’s water system.

  • Use of Transition Accounts (Continued) Note that if a transition account has been used to facilitate a unitholder transaction, this report reflects the value of the assets transferred into the STA or the total amount paid from the WTA in relation to the respective issue or redemption of redeemable units.

  • If Client converts at least 6000 Transition Accounts by December 31, 2015 into full trading accounts, Client shall receive a [***] relationship credit on its next invoice.

  • Ameritech Transition Accounts are intended to be bookkeeping accounts only.

  • Kane drew the Members’ attention to the NIAO’s annual audit letter, which summarised the results of the audit of the Statutory Transition Accounts for 2014/2015 and the Belfast City Council Accounts and confirmed that the report provided a ‘clean’ audit opinion for both sets of accounts.

  • Neither Borrower nor any of its Subsidiaries will create or permit to exist any deposit or other bank account other than the Sweep Accounts, the hereinafter described segregated account, and the Transition Accounts.

  • Except for amounts on deposit in the Transition Accounts, Borrower and its Subsidiaries shall maintain all of their deposit or other bank accounts with Capital One, N.A., or such other financial institutions as are acceptable to Administrative Agent, and shall cause all existing and future balances, deposits and receipts to be deposited into such accounts, other than amounts properly deposited in a hereinafter described segregated account (excluding the segregated account, the “Sweep Accounts”).


More Definitions of Transition Accounts

Transition Accounts means the existing deposit accounts of the Credit Parties with BBVA Compass Bank as of the Fourth Amendment Effective Date; provided that (i) the aggregate amount of funds on deposit in such accounts shall not exceed the sum of (a) all outstanding and unpaid checks or Automated Clearing House (ACH) payments against such accounts as of the Fourth Amendment Effective Date plus (b) 10% of the amount determined in the immediately preceding clause(a) up to an aggregate amount not to exceed $5,000 to fund any fees and expenses due to BBVA Compass Bank and other contingencies with respect to such accounts, and (ii) promptly after all such outstanding and unpaid checks or ACH payments clear, all of such accounts shall be closed and any remaining funds on deposit therein shall be transferred to the Sweep Accounts.
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Transition Accounts means, to the extent applicable to the Participant, one or more of the Company Stock Transition Account, the Growth Transition Account, the Equity Transition Account, the Interest Income Transition Account, the Money Market Transition Account, the Bond Transition Account, the Balanced Transition Account, and the Telesis Stock Transition Account.
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Transition Accounts are each defined in Section 5.9(a).
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Transition Accounts shall have the meaning specified in Section 5.14.
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Transition Accounts has the meaning set forth in subsection (b)(iv) below;
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Transition Accounts means those three lockbox accounts, account numbers 91253, 99214 and 96916, at Existing Lender. "UCC FILING AUTHORIZATION LETTER" means a letter duly executed by each Grantor authorizing Agent to file appropriate financing statements on Form UCC-1 without the signature of such Grantor, as applicable, in such office or offices as may be necessary or, in the opinion of Agent, desirable to perfect the security interests purported to be created by the Loan Documents.
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Related to Transition Accounts

  • Collection Accounts As defined in Section 3.10(a).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Completion Accounts has the meaning given in Paragraph 4.1, 4.2(A) or 4.2(B) (as applicable) of Part A of Schedule 8 (Completion Accounts);

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Separate Accounts means the accounts which are to be prepared for each

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Administration Account As defined in Section 7.02.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • 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.