Commit state funds definition

Commit state funds means to enter into a contract, make a grant or otherwise commit any state funds, including but not limited to any act that would incur a financial obligation against the State Government subject to review under section 1541, subsection 2.[PL 2019, c. 468, §1 (NEW).]

Related to Commit state funds

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Project Fund means the Fund so designated and established by Article V hereof.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Public funds means money belonging to the government.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.