Balance of the fund definition

Balance of the fund means cash, securities that are legal investments for fiduciaries under the provisions of subdivisions A 1, 2, and 4 of § 2.2-4519, and repurchase agreements secured by obligations of the United States government or any agency thereof, and shall not mean accounts receivable, judgments, notes, accrued interest, or other obligations payable to the fund.
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Balance of the fund means cash, securities that are legal investments for fiduciaries under the
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Balance of the fund means the sum of:
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Examples of Balance of the fund in a sentence

  • These transfers are shown as "revenues" in each of the respective benefiting funds and are added to other revenues and the Prior Year Fund Balance of the fund.

  • Each year asset shares are adjusted so that the aggregate of the asset shares is equal to the Credit Balance of the fund, after allowance for future profits and losses to which the fund is exposed, less a margin for smoothing.

  • However, BTS shows Beginning Fund Balance of the fund dropping significantly by FY 2024-25: the five-year plan shows a FY 2019-20 balance of $33.4 million decreasing to $11.6 million by FY 2024-25.

  • However, it is important to noteHealth Insurance Contribution and Expenditure200015001000500010% 20% 30% 40% 50% 60% 70% 80% 90% 100%2014 2015 2016 2017 2018 2019 2020 2021 2022 2023-500-1000Projected Coverage/YearHealth Insurance Contribution: Health Insurance Expenditure: Balance of the fund (deficit )that financial viability is not necessary equal to self-financing through enrollee contribution.

  • As per Broad Sheet for the year there are 412 subscribers to this fund as on 31.03.2017 and `10,01,55,282.00 including interest is the Closing Balance of the fund.

  • Hence the whole process must be repeated many times (iterated) until there is an equilibrium between travel demand and travel supply.

  • Balance of the fund at the beginning of the quarter.2. Total deposits to the fund during the quarter.3. Total expended from the fund and an itemization of the expenditures.4. Balance for the fund at the end of the quarter.

  • Balance of the fund at the end of 2020 was $25,825 which included about $2,800 in investment return, dividends and capital gains (unrealized appreciation of the stock).

  • Reference is invited to Note 3.12 of the financial statements, the Company’s Capital Advances to the extent of Rs 11.19 crores, “we are unable to ascertain whether such balances as at balance sheet date are fully recoverable.

  • Balance of the fund must not exceed 10 percent of the expenditures from the general fund for the previous year. TRI PAYBACK: Created in 2009 to help pay back the County’s public/private partner, Tahoe Reno Industrial Park.

Related to Balance of the fund

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

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

  • Capital Account Limitation has the meaning set forth in Section 4.05(b) hereof.

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

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

  • Member Account means the regular account and the variable account.

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2022 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).

  • Capital Account Distribution Date and "Income Account Distribution Date" shall mean the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • 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.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.