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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

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 19 Administration whereby a linked deposit is placed with a lender based on the
Sample 1
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.
Sample 1
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.
Sample 1

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).

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Investment Program means a Person for whom Shipper or a direct or indirect subsidiary of Shipper acts as a general partner, managing partner or manager and the securities of which have been offered and sold to investors.

  • 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.

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Fund Custody Account means any of the accounts in the name of the Trust, which is provided for in Section 3.2 below.

  • Linked Account means any controlled disbursement account or other deposit account at any time linked to any of the Collection Accounts maintained at Truist Financial Corp. by a zero balance account connection or other automated funding mechanism.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Assumed Deposits means Deposits.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Concentration Account Agreement as defined in subsection 4.16(b).

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

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.

  • 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.

  • Liquidity Account Initial Date means, with respect to any Series, the date designated as the Liquidity Account Initial Date in the Appendix for such Series.

  • 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;