MTAG definition
Examples of MTAG in a sentence
The Medical Travel Assistance Grant (MTAG) is available to Full-Time and Part- Time Employees.
The MTAG may be used for medical care travel for an Employee or his/her immediate family (spouse or child).
The MTAG is not a “take away” grant; unused accumulated amounts are NOT paid out upon an Employee’s termination, resignation, or death.
If rents are collected through a property manager, only the net rental income shall be forwarded to the MTAG REO Lockbox.
Any amounts collected by the Servicer under any such policies (other than amounts to be applied to the restoration or repair of the related REO Property) shall be deposited in the MTAG REO Lockbox.
The MTAG is not a “take away” grant; unused accumulated amounts are not paid out upon an Employee’s termination, resignation, or death.
The Municipality represents, warrants and agrees that it shall maintain full and accurate accounts and records, adequate to identify and account for all costs and expenses pertaining to the work performed by the Municipality pursuant to this Agreement and such other records and information as may be deemed necessary by Plan NH to assure proper accounting and use for all MTAG Program funds, including matching funds.
A-1 PAYING AGENT AND CUSTODY AGREEMENT, dated as of January 3, 2022 (this “Agreement”), among NYCTL 2021-A Trust, a Delaware statutory trust (the “Issuer”), MTAG Services, LLC, a Virginia limited liability company (a “Servicer”), Tower Capital Management, LLC, a Delaware limited liability company (a “Servicer”), and The Bank of New York Mellon, a New York banking corporation, not in its individual capacity but solely as Paying Agent and Collateral Agent and Custodian.
In the event of payments sent to the Servicer rather than the MTAG Issuer Lockbox, the Servicer shall charge an additional day’s interest, subject to applicable Laws.
The Servicer shall direct the Property Owners to pay to the MTAG Issuer Lockbox established and maintained by the Issuer solely in the name of the Indenture Trustee all installments of principal and interest and other sums remitted from time to time in payment and redemption of the Tax Liens.