Trust Fund Accounts definition

Trust Fund Accounts has the meaning assigned to such term in the definition of “Excluded Assets”.
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Trust Fund Accounts means all Deposit Accounts and/or Securities Accounts of any Loan Party containing only Trust Funds.
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Trust Fund Accounts means the individual Water Users' accounts that shall be established by the District to administer the Trust Fund internally among the Water Users.
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Examples of Trust Fund Accounts in a sentence

  • For more information on the Debtors’ cash management systems, see the Debtors’ Motion for Interim and Final Orders (A) Authorizing Continued Use of Existing (I) Cash Management System, (II) Accounts and Business Forms, and (III) Deposit Practices; (B) Maintaining Resident Trust Fund Accounts; (C) For An Extension of Time to Comply with Section 345 of the Bankruptcy Code; and (D) Scheduling a Final Hearing filed at Docket No. 15 in Case No. 17-44642.

  • All monies held in the 2011 Trust Fund Accounts that are not insured by the FDIC must be secured by and/or invested in investment securities as defined in the Amended Trust Indenture.

  • Such monies held in the 2011 Trust Fund Accounts are expended in accordance with Trust Indenture guidelines.

  • Cash and deposits includes the balance of the Special Deposits and Trust Fund Accounts held by Legislature-General, and other cash held.

  • The interests accumulated on the Trust Fund's specific bank account will be apportioned twice a year and will constitute the sole remuneration for any funds on the Trust Fund Account(s).

  • Each Warden shall be responsible for promulgating policy and procedures for operating the Trust Fund Accounts which comply with these guidelines and which address at a minimum:• Receipts of funds,• Deposits and bank accounts,• Authorized deductions pursuant to established law,• Authorized expenditures from trust accounts,• Approval and signature required for checks.

  • All monies held in the 2011 Trust Fund Accounts that are not insured by the FDIC must be secured by and/or invested in investment securities as defined in the Trust Indenture.

  • The Accounting Officer shall maintain the Trust Fund Account(s) in euro and in accordance with the accounting principles that it follows in respect of its own actions.

  • The Environmental Trust Fund Accounts include the Suffolk Environmental Trust Fund and the Virginia Beach Environmental Trust Fund.

  • Monies in the 2011 Trust Fund Accounts are expended in accordance with Amended Trust Indenture guidelines.

Related to Trust Fund Accounts

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Excess Reserve Fund Account The separate Eligible Account created and maintained by the Trustee pursuant to Sections 3.07(b) and 3.07(c) in the name of the Trustee for the benefit of the Regular Certificateholders and designated "Deutsche Bank, National Trust Company in trust for registered Holders of Morgan Stanley ABS Capital I Inc. Trust 2006-HE3, Mortgage Pass-Through Xxxxxfxxxxxx, Series 2006-HE3." Funds in the Excess Reserve Fund Account shall be held in trust for the Regular Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

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

  • Trust Funds means any cash or Permitted Investments comprised of (a) funds specially and exclusively used (i) for payroll and payroll taxes and other employee benefit payments to or for the benefit of employees of Loan Parties and their subsidiaries, (ii) to pay all taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof)) and (b) any other funds which any Loan Party holds on behalf as an escrow or fiduciary for another person (other than another Loan Party).

  • 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.

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Certificate Administrator Accounts As defined in Section 3.07(a) of this Agreement.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.

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

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • Investment Account As defined in Section 3.12(a).

  • 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).

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

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

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

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

  • REO Account The account or accounts maintained by the Master Servicer in respect of an REO Property pursuant to Section 3.23.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

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

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.