Common Funds Clause Samples

Common Funds. Funds contributed by the Funding Agencies to joint accounts Member of the personnel of CERN: All Team Members who are not employed by
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Common Funds. Funds contributed by the Funding Agencies to joint accounts administered by the Collaboration Management. Member of the personnel of CERN: All Team Members who are not employed by CERN are required to sign a Registration Form, in which they apply to become an associated member of the personnel of CERN.
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Common Funds. SunTrust Reserve Fund
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Related to Common Funds

  • Trust Funds The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • CLIENT FUNDS When necessary, client funds shall be handled by the Agency. The Contractor shall not handle client funds.

  • TRUSTS and Funds ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ TRUST ▇▇▇▇ ▇▇▇▇▇▇▇ CALIFORNIA TAX-FREE INCOME FUND ▇▇▇▇ ▇▇▇▇▇▇▇ CAPITAL SERIES ▇▇▇▇ ▇▇▇▇▇▇▇ CURRENT INTEREST ▇▇▇▇ ▇▇▇▇▇▇▇ EXCHANGE-TRADED FUND TRUST ▇▇▇▇ ▇▇▇▇▇▇▇ INVESTMENT TRUST ▇▇▇▇ ▇▇▇▇▇▇▇ INVESTMENT TRUST II ▇▇▇▇ ▇▇▇▇▇▇▇ MUNICIPAL SECURITIES TRUST ▇▇▇▇ ▇▇▇▇▇▇▇ SOVEREIGN BOND FUND ▇▇▇▇ ▇▇▇▇▇▇▇ STRATEGIC SERIES

  • Operating Account To the extent funds are not required to be placed in a lockbox pursuant to any Loan Documents, Property Manager shall deposit all rents and other funds collected from the operation of the Property in a reputable bank or financial institution in a special trust or depository account or accounts for the Property maintained by Property Manager for the benefit of the Company (such accounts, together with any interest earned thereon, shall collectively be referred to herein as the “Operating Account”). Property Manager shall maintain books and records of the funds deposited in and withdrawals from the Operating Account. With funds from Company, Property Manager shall maintain the Operating Account so that an amount at least as great as the budgeted expenses for such month is in the Operating Account as of the first of each month. From the Operating Account, Property Manager shall pay the operating expenses of the Property and any other payments relative to the Property as required by this Agreement. If more than one account is necessary to operate the Property, each account shall have a unique name, except to the extent any Lender requires sub-accounts within any account. Within three (3) months after receipt by Property Manager, all rents and other funds collected in the Operating Account, after payment of all operating expenses, debt service and such amounts as may be determined by the Property Manager to be retained for reserves or improvements, shall be paid to the Company.

  • Surplus Funds Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), educational service provider or educational management organization. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.