Release funds definition

Release funds means the transfer of trust funds to an in- stitution after notification to the board that the full amount of a pledged and designated private donation has been received.
View Source
Release funds means the transfer of trust funds to an institution after notification to the board that the full
View Source

Examples of Release funds in a sentence

  • The Company shall use the Early Escrow Release funds solely to pay the creditors listed on Schedule A hereto and in the amounts listed on Schedule A hereto.

  • The Early Escrow Release funds shall be disbursed to the listed creditors within one (1) business day after receipt of such funds by the Company.

  • Provide cost-free Debit Card Services to the CDCR for the issuance of Parole Release funds and personal funds (Trust Funds) to Parolees.

Related to Release funds

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

  • Escrow Deposit has the meaning set forth in Section 2.1.