Program Investment definition
Examples of Program Investment in a sentence
Supplemental Consultant and Advisor Stock Purchase Program Investment Agreement dated July 31, 1997.
Seller agrees that during the Term of this Agreement it shall not seek additional compensation or other benefits pursuant to the Self-Generation Incentive Program, as defined in CPUC Decision ▇▇-▇▇-▇▇▇, Buyer’s net energy metering tariff, or other similar California ratepayer subsidized program relating to energy production with respect to the Facility (other than grants from the Electric Program Investment Charge).
Costs will be lowered by 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits.
All such investments shall be held in trust for the benefit of the Secretary by the above financial institution in an account (the "Guaranteed Loan Funds Investment Account") established and designated as prescribed in the attached form document entitled "Letter Agreement for Section 108 Loan Guarantee Program Investment Account" (Attachment 2), which account shall be maintained for all Government Obligations purchased with funds from the Guaranteed Loan Funds Account.
Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits of greater electricity reliability, lower costs, and increased safety to ratepayers who benefit from the Electric Program Investment Charge (EPIC) program.
In addition, Purchaser shall provide $1,400,000 for agreed upon marketing programs ("Marketing Program Investment") All cash payments will be deposited into the newly formed entity PNLabs, Inc., which in turn, will disburse funds as per this Agreement.
The terms of the Marketing Program Investment would be in the form of a guaranteed $50,000 per month during September, October, November and December 2003.
The Marketing Program Investment Criteria for 2004 would be based upon PNLabs, Inc.
All such investments shall be held in trust for the benefit of the Secretary by the above financial institution in an account (the "Loan Repayment Investment Account") established and designated as prescribed in the attached form document entitled "Letter Agreement for Section 108 Loan Guarantee Program Investment Account" (Attachment 2), which account shall be maintained for all Government Obligations purchased with funds from the Loan Repayment Account.
I authorize and instruct ▇▇▇▇▇▇ ▇▇▇▇▇ in its capacity as a broker-dealer, Overlay Manager and/or Executing SMA Manager(s) to promptly sell any marketable security that is not a Program Investment (or is otherwise not consistent with my Account Portfolio Objective) at market, which may take several trading days, without regard for any tax consequences to me.