CRDA Funds definition

CRDA Funds means (i) those alternative investment tax payments paid by ACE Lo or its predecessors-in-interest to the New Jersey State Treasurer and currently held in escrow pending the direction by ACE Lo of such payments to the CRDA for (A) purchase of CRDA bonds, (B) direct investment approved by the CRDA or (C) partial payment of the investment alternative tax imposed under N.J.S.A. 5:12-144.1a.(1), all in accordance with the requirements of N.J.S.A. 5:12-144.1a.(2), (ii) that portion allocable to ACE Lo of the “Casino Capital Construction Fund” created pursuant to N.J.S.A. 5:12-173.22, (iii) that portion allocable to ACE Lo of the “Atlantic City Expansion Fund” created pursuant to by N.J.S.A. 5:12-173.22a, and (iv) that portion allocable to ACE Lo of the “Casino Boardwalk Revitalization Fund” funded in accordance with Section 3 of that certain Casino Parking Fee Agreement dated February 1, 2005 by and among CRDA, ACE Lo and various third-party casino licensees, to the extent of funds available for direction by ACE Lo for “eligible economic development projects.”
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CRDA Funds means any Coronavirus State Fiscal Recovery Fund monies transferred or paid by CRDA to NJEDA pursuant to this Agreement.
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CRDA Funds means the funds and/or proceeds from grants by the Casino Redevelopment Investment Authority to the Companies associated with the construction of the Festival Park and Premium Nightclub at the gaming property of the Companies (the “CRDA Project”).
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Examples of CRDA Funds in a sentence

  • The psycholo- gist research team and the drama practitioners both commented on their particular perceptions of the study.

  • After the Closing, within ten (10) Business Days after any amount of the CRDA Funds is actually received by the Companies, Purchaser shall cause the JV Entity to remit in cash to Seller fifty percent (50%) of any such amount received.

Related to CRDA Funds

  • Fresh Funds means funds that:

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

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

  • own funds means the sum of Tier 1 capital and Tier 2 capital;

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

  • Public funds means money belonging to the government.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

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

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

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

  • Settlement Funds means the amount of funds in the Qualified Settlement Fund.

  • BlackRock Funds and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Fund. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Fund personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Fund must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Fund.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

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

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

  • State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Project Funds means funds disbursed by the State Water Board to the Recipient for purposes of this Agreement.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.