Retention Funds definition

Retention Funds means the amount of the “Initial Retention” as defined in the R&W Insurance Policy.
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Retention Funds means funds held in the Retention Account. Shareholders means the shareholders of Origo from time to time. Termination Date means the date on which a termination of this Agreement takes effect in accordance with clause 8. Unlisted Asset Disposal means the disposal of any unlisted asset(s):
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Retention Funds shall have the meaning set forth in Paragraph --------- 2.3(a) hereof. ------
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Examples of Retention Funds in a sentence

  • This means that one can find functions in the kernel of the Helmholtz operator that are small in the data set ω, but grow exponentially away from it, as in the example given in Section 4 concerning the Hadamard-type solutions (20).

  • Estimated Funds Retention: Funds in this account will be expended over a one to three years period.

  • Plaintiff alleges that Nicholas stated that he had no other money available at the time to pay him, and that the only option was to get the C.O. so that IndyMac would release the1 Retention Funds.

  • Plaintiff alleges that, in reliance on Nicholas’ representation that16Plaintiff would be paid from the Retention Funds, Plaintiff claims that he “recommenced” work17 on the Project.

  • Whereas Retention Funds have contributed significantly towards complementing Budget resources, the accountability arrangements have exhibited fundamental weaknesses which undermine efficient utilisation of public resources.

  • Attachment 10: NDCS Final Report on the Use of Retention Funds; April – June 2017This was on top of the current number of protective services vacancies.

  • Plaintiff alleges that Nicholas encouraged him to call Mr. Paul2 Hoffman (“Hoffman”) at IndyMac to confirm the amount and terms of the Retention Funds, and mentioned that Nicholas and Hoffman were “good buddies and had been fraternity brothers3together.” Id. at 5:14-17.

  • Recent or ongoing reform activities • In 2016 MOFED prepared a booklet ‘Budget Estimates on Statutory and Retention Funds for the Year ending December 31, 2017’ with the intension of submitting to the Parliament as part of full integration of these funds in the overall budget documentation and approved appropriations (the document is mentioned in the Budget Statement).

  • As set forth in Section 7.2(j), the DFW Retention Funds and the Tempe Retention Funds shall be contributed or credited to Purchaser or its designees at Closing (along with any rights thereto) without any corresponding adjustment to the Closing Statement or the Aggregate Purchase Price.

  • From and after the Effective Date, all references to the Hazardous Materials Guaranty and Indemnification Agreement, Use and Retention Funds Letter, and Manager's Liability Letter Agreement, are hereby revised to refer instead to the defined terms Guaranties, Use and Retention Letter, and Manager's Liability Letter, respectively.


More Definitions of Retention Funds

Retention Funds with respect to any Tenant Improvements, means ten percent (10%) of the costs under the construction contract for construction of such Tenant Improvements. "Schedule of Values" with respect to any Tenant Improvements, means AIA Form G703, allocated by Construction Specifications Institute category, attached to the Budget, prepared by Borrower and/or Borrower's Architect prior to any Construction Component Advance for such Tenant Improvements, and approved by Lender in its reasonable discretion.
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Retention Funds. See Paragraph 2.3(c).
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Related to Retention Funds

  • Levy reduction funds means increases in state funds from

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Compensation Fund means the fund maintained by the Society pur- suant to Sections 21 and 22 (as substituted, respectively, by Sections 29 and 30 of the Act of 1994) of the Act of 1960;

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

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

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Project Funds means funds disbursed by the State Water Board to the Recipient for purposes of this Agreement.

  • 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).

  • 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.

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

  • Grant Funds means any and all funds allocated or disbursed to Grantee under this Agreement.

  • the Skipton Fund means the ex-gratia payment scheme administered by the Skipton Fund Limited, incorporated on 25th March 2004, for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with the scheme’s provisions;

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Superannuation Fund means the Local Government Superannuation Scheme.

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Retention Bonus means the amount equal to:

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).