Linked Deposit Program definition

Linked Deposit Program means the Empire State Development Linked Deposit Program, in which the Lender is, as of the date hereof, a participant.
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Linked Deposit Program means the Wastewater Treatment Facilities Construction Assistance Act Linked Deposit Program to promote loans by eligible financial institutions for the construction, rehabilitation, and enhancement of nonpoint source control systems for public or private owners.
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Linked Deposit Program means the statutorily authorized programs administered by OST that is divided into three programs: The Agricultural Linked Deposit Program (2 O.S.2001, §§1761 et seq.), the Small Business Linked Deposit Program (62 O.S.2001, §§88.1 et seq.), and the Rural and Affordable Housing Linked Deposit Program (62 O.S. Supp. 2002, §§91.1 et seq.). Portions of these programs are funded using Certificates of Deposit placed in State Banks by OST for typically one or two years. More detailed information may be obtained by contacting OST’s Linked Deposit department.
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Examples of Linked Deposit Program in a sentence

  • In addition to collateral permitted for investments, collateral for deposits made with banks participating in the State's Excelsior Linked Deposit Program shall, subject to the discretion of the Commissioner of Taxation and Finance with confirmation to the Authority, include obligations permitted under Section 105 of the State Finance Law.

  • Accordingly, if a surviving joint tenant desires to make a qualified disclaimer with re- spect to funds contributed by a de- ceased cotenant, the disclaimer must be made within 9 months of the coten- ant’s death.

  • The Linked Deposit Program was established to encourage and assist small businesses to make necessary investments to improve productivity and competitiveness.

  • Similarly to other distributed scheduling algorithms, there is a 3-dimensional tradeoff [24]: the price of optimality and zero message passing here is delay experienced by some nodes.

  • Empire State Development may wish to publish press releases on companies assisted by the Linked Deposit Program.

  • Inability to obtain the reduced rate of loan interest provided by the Linked Deposit Program would impede the ability of the Borrower to undertake the project for which the loan will be used (relates to question No. 5 on previous page describing how the Borrower would be impeded from undertaking this project without LDP assistance).

  • In connection with the loan that is subject to this application, the Lender will not charge any discount, points, origination fees, handling fees, service charges, refinancing fees or penalties or charges other than those normally charged, and in such amounts normally charged, by the Lender for loans of the type being made without regard to the Linked Deposit Program.

  • The operating company has not exceeded the legislated lifetime maximum of $2 million in Linked Deposit Program assistance.

  • DETAILED ANALYSISAdoption Linked Deposit ProgramThe bill authorizes the Treasurer of State (Treasurer) to establish an Adoption Linked Deposit Program (program) in order to provide lower-cost loans to individuals in Ohio who are adopting a child to pay for adoption expenses.

  • Loan Terms Applicable to all WQSRF loans, except loans through the Linked Deposit Program (See Section B-2 below) Current Interest Rate* Standard Rate = 50% of Market RateDisadvantaged Community (DAC) Rate = 25% of Market Rate(Market Interest Rate is defined as the average of the Bond Buyer 11-Bond Index for the month preceding the loan closing).


More Definitions of Linked Deposit Program

Linked Deposit Program means a program established by the 26 Administration whereby a linked deposit is placed with a lender based on the
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Linked Deposit Program means the New York State Excelsior Linked Deposit Program whereby interest on loans for specified borrowers is reduced in consideration for deposits maintained with the Bank by the State of New York.
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Linked Deposit Program means an agreement between SWRCB, a local public agency responsible for watershed planning, and one or more financial institutions to provide commercial loans at below market rates to private parties for water quality benefits.
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Linked Deposit Program shall have the same meaning as in sections 135.62 and 135.70 of the Revised Code.
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Related to Linked Deposit Program

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • Deposit-type contract means contracts that do not incorporate mortality or morbidity risks and as may be specified in the valuation manual.

  • WOSB Program Repository means a secure, Web-based application that collects, stores, and disseminates documents to the contracting community and SBA, which verify the eligibility of a business concern for a contract to be awarded under the WOSB Program.

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • Postsecondary educational institution means a degree- or certificate-granting public or private college or university, junior college, or community college that is located in this state. The term includes the governing body of the postsecondary educational institution.

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;