PTIF definition
Examples of PTIF in a sentence
By written resolutions of the Board of Managing Directors of PTIF dated 15th December, 1998, 30th November, 2000, 25th January, 2002 and 1st April, 2003, 3rd November 2006, 29th March 2010 and 25th May 2012 PTIF has resolved to establish and update, respectively, a €2,000,000,000, €4,000,000,000, €5,000,000,000 and €7,500,000,000 Global Medium Term Note Programme (now a Euro Medium Term Note Programme).
Administrative fees and interest accrual on funds held with the PTIF are determined solely by the Utah State Treasurer.
Phase One of the PTIF commits approximately $3.4 billion across Canada, to be distributed on the basis of transit ridership.
Canada (as defined in section A.1.2 (Definitions)) has agreed, under the PTIF and corresponding Bilateral Agreement (as defined in section A.1.2 (Definitions)) between Canada and Ontario, to provide up to $1,486,680,000 for projects to help accelerate short term investments while supporting the rehabilitation of transit systems and fund studies to support longer term transit expansion plans in Ontario.
Under the Bilateral Agreement, the Province has agreed to identify projects, municipal and provincial, and be responsible for the transfer of PTIF funds to eligible municipalities pursuant to transfer payment agreements.
The Province and the Recipient will share information promptly with the other Party and Canada should significant media inquiries be received or emerging media or stakeholder issues arise in respect of a Project or the PTIF.
Members making payments, or portions thereof, postmarked after January 31 shall be charged interest calculated daily at two percent above the rate that the Pool would have earned if the contributions had been deposited with the Public Treasurers Investment Fund (PTIF).
Each Party may include general PTIF messaging and an overview of the Project in their own Communications Activities.
The Recipient understands that the Province or Canada, or both, may ask the Recipient to participate in an evaluation of the Program or PTIF, or both, during and after the Term.
The Agreement sets out the terms and conditions upon which PTIF funds, up to the Maximum Funds, will be provided to the Recipient for the purpose of carrying out the Project and the Recipient has agreed to carry out the Project.