State Highway Account definition

State Highway Account means the State Highway Account in the State Transportation Fund.
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State Highway Account means the account of that name in the State Transportation Fund in the Treasury of the State of California.
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Examples of State Highway Account in a sentence

  • All funds loaned pursuant to this section, upon repayment to the State Highway Account, shall be immediately transferred by the Controller to the Transportation Debt Service Fund for use pursuant to Section 16965 of the Government Code.

  • For purposes of the Streets and Highways Code, all expenditures from this item shall be deemed to be expenditures from the State Highway Account, State Transportation Fund.

  • This OWPA obligates and encumbers only these following state and federal funds: State Highway Account planning funds (SHA); FHWA – Metropolitan Planning (PL), federal/local – 88.53/11.47; FHWA State Planning and Research (SP&R) – Partnership Planning/Strategic Partnerships*, federal/local – 80/20; FTA Section 5303, federal/local – 88.53/11.47; FTA Section 5304 - Transit Planning/Sustainable Communities*, federal/local – 88.53/11.47.

  • These are:• 100% of the federal Transportation Alternative Program funds, except for federal Recreation Trail Program funds appropriated to the Department of Parks and Recreation.• $21 million of federal Highway Safety Improvement Program funds or other federal funds.• State Highway Account funds.In addition to furthering the goals of this program, all Active Transportation Program projects must meet eligibility requirements specific to at least one Active Transportation Program funding source.

  • The reimbursements may also be reduced and replaced by an equivalent amount of funds from the State Highway Account.

  • The Board and the Department have agreed in the Financing Agreement that debt service on the Bonds will be made using FHWA Funds received from the Federal Highway Administration through continuous appropriation from the State Highway Account and the GARVEE Debt Service Fund and appropriate state match payments with respect to one or more Projects.

  • The Department expects that FHWA will reimburse the Department for those costs according to the Cash Management Improvement Act (CMIA) agreement in effect at the time of the request in order for those funds to be deposited into the State Highway Account for making the scheduled debt service payment to the bond trustee.

  • The Board and the Department have agreed in each applicable Supplement to Financing Agreement to pay, or cause to be paid, subject to applicable requirements for annual appropriation of funds, in equal monthly installments from the State Highway Account first to the GARVEE Debt Service Fund and then to the Trustee for deposit into the General Account of the Revenue Fund the sums set forth in such supplement as payment of the state matching fund requirement.

  • The annual trustee fees, Issuer Monitoring Fee, any periodic rating agency fees or other fees shall be paid along with the annual debt service through the continuing appropriation of funds from the State Highway Account.

  • The funds deposited into the State Highway Account from FHWA for debt service are continually appropriated and will be transferred to the GARVEE Debt Service Fund for payment to the bond trustee.

Related to State Highway Account

  • Company Account means the bank or/and electronic Account of the Company, and the Company Account in the Processing Center.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Intercompany Account means any receivable, payable or loan between any member of the Ensign Group, on the one hand, and any member of the Pennant Group, on the other hand, that exists prior to the Effective Time and is reflected in the records of the relevant members of the Ensign Group and the Pennant Group, except for any such receivable, payable or loan that arises pursuant to this Agreement or any Ancillary Agreement.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Intercompany Accounts has the meaning set forth in Section 2.03(a).

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Foreign Account means an Account in which Foreign Currencies or Securities are held by Custodian for the benefit of clients whether in comingled accounts or accounts designated for each beneficial owner as is required under the regulatory jurisdiction where the Foreign Account is established.

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Security Account “Software”, and “Supporting Obligations”.

  • Direct Account : means any Account which is not an ISA Account.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Maturity Account means an account or accounts required to be established by the Corporation (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures issued pursuant to and in accordance with this Indenture;

  • Separate Accounts means the accounts which are to be prepared for each

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

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

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Controlled Deposit Account means each deposit account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • Participating local government means a local government

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.