QPD definition
Examples of QPD in a sentence
QLT, 3088923, Inc., QPD and the Stockholders Representatives are parties to that certain Agreement and Plan of Merger dated as of October 8, 2007, as amended by that certain Amendment No. 1 to Agreement and Plan of Merger dated as of October 18, 2007 (the “ForSight Agreement”) pursuant to which 3088923, Inc.
Services shall include providing a qualified public depository (QPD) as defined in Chapter 280, Florida Statutes, for the purpose of establishing employee HSA custodial accounts and initiating and transmitting credit entries for the processing of employee and employer HSA contributions through the network of the Automated Clearing House Network.
The State will fund the HSA contributions on a weekly basis direct to the QPD based on employee and employer contributions processed by the Service Provider.
Service Provider and QPD shall comply with all State and federal regulations pertaining to HSA administration.
If the QPD discovers additional public depositor accounts while this agreement is in effect that results in the limit on uninsured public deposits to be exceeded, the QPD will notify the Public Deposits Section immediately, pledge any additional required collateral pursuant to chapter 280, F.S., and acknowledges it may be subject to administrative action.
QPD will submit information, at minimum monthly in conjunction with the reporting requirements of section 280.16, F.S., detailing the public depositor account name, public depositor FEIN, account number, account type (e.g., time and savings deposit account or demand deposit account), maturity date (if applicable), account balance including accrued interest, and applicable deposit insurance for all public deposit accounts upon the request of the CFO.
The CFO reserves the right to limit the types of collateral used by the QPD if deemed necessary.
As used here and in the Agency Participant Sub-Merchant Processing Agreement, for State and Local participants, "Payment Facilitator's Settlement Account" means Contractor's depository account, which must be at a QPD.
In the experiments with higher cycle frequency (> 10 kHz), these peaks did not appear in the spectrum as the QPD signals were filtered through an anti-aliasing filter ( ffilter = 10 kHz).
QPD will not open any new public deposit accounts that would cause the limit described in Part II of this agreement on uninsured public deposits to be exceeded.