Project Trust Account definition

Project Trust Account means the separate Project Trust Account held by Giveall for each Project and Individual Donors under the Barclays Giveall Banking Services platform with Barclays Bank PLC.
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Project Trust Account means a specifically allocated project trust account ("Cuenta Fiduciaria con Asignación Específica") opened by the Project Trustee with itself in its own name in accordance with the Hydro Infrastructure Trust Amendment Agreement to receive exclusively the PPA Assignment Proceeds, and operated pursuant to Schedule 7 (Project Trust Account) and the Hydro Infrastructure Trust Amendment Agreement.
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Project Trust Account means the fund by the name “Border Highway West Operations and Maintenance Fund” established pursuant to Section 3.2, including all subaccounts.
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Examples of Project Trust Account in a sentence

  • Financially Responsible Party agrees that all funds deposited in the Project Trust Account will be held by the County in an account under the name of Financially Responsible Party, and that the Financially Responsible Party shall be considered the owner of all funds in said account.

  • The PES Unit Buyer makes a payment to the Project Trust Account, scheduled according to the terms of the Sale and Purchase Agreement.

  • Further information about project roles and responsibilities is provided in the PPP sections 2.13.4 and 2.13.5.The Project Trust Account may also be used to directly pay other sub-­‐contractors (e.g. third party verification auditors) if required, subject to the PES agreement conditions.

  • The audits shall be performed by the CPA in accordance with Generally Accepted Auditing Standards, Generally Accepted Governmental Auditing Standards, and other applicable standards.A Schedule of Bradley Lake Hydroelectric Project Trust Account Activities must be prepared as part of the AEA audit.

  • In some projects it is appropriate to by-­‐pass the Project Owner Operating Account and instead allocate funds directly from the Project Trust Account to the Business Money Account, Safety Money Account,Group Benefit Account, and Dividend AccountBusiness Money Account1When income is receivedThe Business Money Account is used to pay for expenses related to managing the business and implementing the project.

  • A total of K9, 334.80 was remitted from the BSP IPBC Project Trust Account into each of 543 HH head accounts in BSP Bank branch at Lae, on 22nd December 2009 as first installment.

  • Accessing and implementation of the Development Funds rolled- over in 2008 and parked in the Eastern Highlands Provincial Government Project Trust Account were processed and released according to the Public Finance Management Act 1995 process and procedures.

  • The Project Coordinator should not charge the Project Owner any further fees for services, unless they are for services requested outside of the scope of the PES agreement.4.2.7 Programme Operator FeesThe Programme Operator may receive payments from the Project Trust Account for provision of services as agreed within the Programme Agreement.

  • The income received by the Project Coordinator directly from the Project Trust Account is intended to enable the Project Coordinators to deliver services as requiredunder the PES agreement.

  • Describe how you coordinate with state and local partners for services.In October 2019 BRMH entered into a Business Associates Agreement with University Psychiatric Institute (UNI) for them to provide all telephonic crisis services.

Related to Project Trust Account

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).