Project Account definition

Project Account means the account referred to in Section 3.04 (a) of this Agreement;
Project Account means the account referred to in Section 3.03 of this Agreement;
Project Account means the Project Account of the Project Loan Fund established by the Fiscal Agent pursuant to Section 2.11 hereof.

Examples of Project Account in a sentence

  • Grantee shall be compensated pursuant to the terms of this Grant Contract for authorized Project Account costs charged against the Project Account prior to the date of termination according to the approved Project Budget.

  • Upon receipt of such notice, Xxxxxxx shall immediately surrender to Project Monitor or Project Monitor’s designated representative any balance remaining in the Project Account.

  • Grantee shall be liable to Sponsor for immediate repayment of any unauthorized expenditure of funds from Project Account.

  • The Fiscal Agent shall deposit the proceeds of the Funding Loan into the applicable subaccount of the Project Account of the Project Loan Fund upon receipt of each advance thereof as provided in Section 2.11(b) hereof.

  • On or before the 10th day of each calendar month, Grantee shall submit an invoice to Project Monitor detailing all Project Account costs for the prior month, to the extent that the prior month falls within the Term, along with all supporting documentation and support therefor, as described in Section 7 of this Grant Contract.


More Definitions of Project Account

Project Account means the account referred to in Paragraph 5 of Schedule 4 to this Agreement;
Project Account means the account established pursuant to Section 6.01 (a) (i) of this Agreement;
Project Account means the account to be opened by the Borrower in accordance with the provisions of Section 6.01 of this Agreement for purposes of making available its counterpart contribution to the financing of the Project;
Project Account means the account referred to in Section 6.01 of this Agreement, maintained by the Borrower in local currency and to be used for financing the Borrower’s contribution to Project expenditures;
Project Account means the book account, if any, established by the Finance Authority in the name of the Borrower/Grantee for purposes of tracking expenditure of the Loan/Grant Amount by the Borrower/Grantee to pay for the costs of the Project, as shown in the Term Sheet, which account shall be kept separate and apart from all other accounts of the Finance Authority.
Project Account means the project account used for the Borrower’s counterpart financing for the Project, referred to in Section 3.03 of this Agreement.
Project Account means the account to be opened pursuant to Section 3.02 of this Agreement;