Subfund definition

Subfund means a restricted account, established within an independent fund, that has a self- balancing set of accounts to restrict revenues, expenditures, or the fund balance.
Subfund means one of the investment funds of the Trust Fund which is authorized by the Administrator at the time of reference.
Subfund means a part of the scheme property of an umbrella company that is pooled separately;

Examples of Subfund in a sentence

  • The 2014 Adopted Budget for DPR includes $89 million of General Subfund revenues which will be the baseline for allocating General Subfund revenues to DPR, adjusted annually by the annual percent change (July to July) in the Consumer Price Index (CPI-U) for Seattle (“CPI”), unless the City Council by resolution with a ¾ vote determines that a natural disaster or exigent economic circumstances prevent the Council from maintaining this level of General Subfund support.

  • The City shall include in its annual budget General Subfund revenues to support the Department of Parks and Recreation (“DPR”) projects, programs and services in amounts necessary to meet or exceed the minimum funding described in this paragraph.

  • This Section 25 shall not limit or in any way affect BISYS' right to appoint a Sub-fund accountant pursuant to Section 2 hereof.

  • Each instrumental musician, leader, contractor, arranger and orchestrator whose services were included in any television program for which Supplemental Market Fees are paid (“participating musician”) shall receive an equal portion of the part of the musicians’ share of the Subfund which is allocable to such television program.

  • In the event of a medical claim funding shortfall during this time, NB and NC Health Care Subfund funds can be used immediately to cover costs for the respective populations.


More Definitions of Subfund

Subfund means Subfund 1 and any other subfund of the Transportation Enterprise Special Fund created by or pursuant to the Master Indenture or any Supplemental Indenture or by the State Treasurer.
Subfund means a restricted account, established within an independent fund, that
Subfund or “Subfunds” means any one or more, as the case may be, of the separate special subfunds established by the Trust Agreement or by any Supplemental Trust Agreement.
Subfund means each collective investment vehicle which the Fund shall invest from time to time.
Subfund means the I-25 North Revenue Subfund and any other subfund of the Transportation Enterprise Special Fund created by or pursuant to the Master Indenture or any Supplemental Indenture or by the State Treasurer.
Subfund means a sub-fund of the Fund;
Subfund means the subfund NOVA Green Energy – subfund 1, part of the Fund’s assets that are separate in accounting and asset terms;