Grant Account definition

Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”

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Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”;

Grant Account means the account opened or to be opened by ADB on its books in the name of the Recipient to which the amount of the Grant has been or will be credited;

Examples of Grant Account in a sentence

• If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist.

• If, before the Effective Date, any event has occurred which would have entitled the Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist.

• Each such deposit into the Special Account shall be withdrawn by the Association from the Grant Account under one or more of the Eligible Categories.

• Each such deposit into the Special Account shall be withdrawn by the Bank from the GEF Trust Fund Grant Account under one or more of the Eligible Categories.

• Any investment income earned from the Grant funds shall be held in the Implementing Entity Grant Account and used for the same purposes and administered in accordance with the terms of this Agreement.

More Definitions of Grant Account

Grant Account means the account in the books of the Fund opened in the name of the Recipient to which the amount of the Grant is credited.

Grant Account means the account maintained by the Administrator, in which the amount of the Grant is deposited, and (b) the term "Grant Special Account" means the account to be opened by the Recipient pursuant to the provisions of Section 2.02 (b) of this Agreement.

Grant Account means any account which is created by the Chief Fiscal Officer of the County to maintain funds provided to the Coalition through grants to the Host.

Grant Account means the account opened by the World Bank in its books in the name of the Recipient to which the Grant is credited in accordance with Section

Grant Account means the account in the name of the Grantee established pursuant to this Grant Agreement and held by the Finance Authority for deposit of the Grant Amount for disbursal to the Grantee for payment of the costs of the Project.

Grant Account means the account opened or to be opened by ADB on its books in the name of the Recipient to which the amount of the Grant has been or will be credited.

Grant Account means the account opened in the books of the Co-financier in the name of the Borrower and into which the amount of the Co-financing is credited pursuant to the provisions of the Co-financing Agreement.