MAT Account definition

MAT Account means the account to be established and maintained by TB pursuant to Section 5 of this Agreement;
MAT Account means an account maintained by the City at a bank as defined by section 2 and described in Schedule I of the Bank Act, S.C. 1991, c. 46, as amended.

Examples of MAT Account in a sentence

  • The CEDC shall keep all MAT Funding received from the City in an independent bank account (the "MAT Account"), segregated from the CEDC's other accounts, to be used for the exclusive purpose of tourism promotion and development either within the City of Thunder Bay or for the benefit of the City of Thunder Bay.