Agency Funds Sample Clauses

Agency Funds. Provide Application Assister services through a multi-provider agreement for each of the eight (8) Medicaid managed care regions. The Application Assisters will educate consumers and facilitate enrollment for individuals and small employer groups on the Exchange and conduct public outreach and education activities to raise awareness and reach underserved, vulnerable and difficult to access populations in Kentucky. The vendors selected for these services include Community Action Kentucky (Regions 1, 2, 4, 5, 6, and 7); Kentuckiana Regional Planning and Development Agency (Region 3); and Kentucky Primary Care Association (Region 8).
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Agency Funds. Subject to all the terms and conditions of this Agreement, and within the time set forth in the Schedule of Performance, the Agency shall provide as Acquisition Funds the following amounts: Ten Million Eighty Eight Thousand Five Hundred Ninety Seven Dollars ($10,088,597) from Agency funds; Three Million Eight Hundred Thirty Two Thousand Three Hundred Fifty Eight Dollars ($3,832,358) from proceeds received by the Agency from the Developer for the purchase of Subarea A; Four Hundred Forty Thousand Five Hundred Dollars ($440,500) in Economic Development Initiative grant funds from the HUD Loan; and any additional Economic Development Initiative grant funds released to the Agency from the interest reserve fund held by the City as part of the HUD Loan pursuant to the terms of the HUD Loan documents.
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Agency Funds e. . The Agency Funds shall be deposited and held by the Agency as the Agency shall determine, to be disbursed as provided in this Agreement. The Agency Funds are not pledged to Construction Lender nor shall they constitute security for the Construction Loan.
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Agency Funds. The campus president may, upon request, authorize the corporation to act as agent for the receipt, custody and disbursement of monies for campus organizations or informal associations of students, faculty or staff members. For example, the corporation is authorized to act as the independent fiscal agent of the student government. Administration of Agency Funds A reasonable management fee may be collected by the corporation. Agency funds may not be commingled with funds of the corporation. Separate agency accounts may be combined or commingled for efficiency and income improvement. In the event that agency funds are combined, detailed accounting must be made, indicating debits and credits to each and all accounts so combined. The corporation shall maintain an agreement specifying any limitation upon the types of investments allowed. Also, based on this agreement the corporation may credit interest earned on the investment of agency funds to the agency account, or retain the interest so earned in lieu of a management fee or charge a management fee and retain the interest. Agency fund accounts should not be used for monies belonging to New York State either as general revenues or as revenues accountable through an income fund reimbursable account, nor should such monies be used for corporation purposes. Exhibit C State University of New York Auxiliary Services Corporation
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Agency Funds. The City and County hereby consent (i) to the amounts to be paid in lieu of taxes for property located in the Increment District from the Company as set forth in Schedule 1.1; (ii) to the amounts payable by other parties from time to time under similar agreements; and (iii) the Agency retaining the Increment Payments such that the Agency has the ability to pledge the Increment Payments payable hereunder and under like agreements with other parties from time to time and under any other agreements with the City or County or with public benefit corporations formed for the benefit of the City or County relating to payments in lieu of taxes in the Increment District; provided that in no event shall the Agency Retained Amounts exceed 75% of the Increment Payments at any given time.
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Agency Funds. The Agency shall initiate and prosecute to completion all proceedings necessary, including federal-aid requirements, to enable the Agency to provide the necessary funds for completion of the project.
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Agency Funds. The Agency Fund accounts for assets and liabilities of the Central Coast Cities Self Insurance Fund for Workers’ Compensation, which was established for tail claims occurring before July 1, 2004. Agency funds are included in this report on the Statement of Fiduciary Assets and Liabilities and in footnote 10. Graphical Highlights Total operating expenses were $78.9 million in 2015, which was a -5.9% decrease from the prior year. The most significant contributing factor to the decrease was lower claim reserves needed for the workers’ compensation program. Operating expenses are divided into the following categories: (1) coverages, (2) general and administrative, and (3) contractual services. Incurred claims expenses are composed of net claim payments as well as the change in claim reserves as determined by an independent actuary. Excess and reinsurance premiums are a significant part of the cost of coverage. In 2015 the Authority paid $16.4 million in excess and reinsurance premiums for all coverage programs, including the property insurance program, which represented no material change from the prior year. On a consolidated basis, 2015 coverage expenses totaled $70.8 million. Total assets as of June 30, 2015 were $304.6 million. Cash and investments made up 78.6% of the assets, while retrospective deposits receivable from members made up 15.8%. Footnote 5 provides more detailed information on retrospective deposit balances. Net Position Designations Net Investment in Capital Assets “Net investment in capital assets” is the designation for fixed assets including land, buildings, office equipment, and software qualified under GASB 51 guidelines. Items subject to depreciation are reported net of depreciation on the Statement of Net Position. Unrestricted
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Agency Funds. The Parties acknowledge and agree that Agency will provide certain funds in the approximate amount of One Hundred Fifty Thousand Dollars ($150,000) for the purpose of funding a portion of the grants provided pursuant to the Program within the SEDC LSSD Area. Such funds are currently available for this Program in the Agency’s Fiscal Year 2009-2010 Budget for the Southcrest Redevelopment Project Area. The Commission shall manage and expend the Agency Funds to fund the grants made pursuant to the Program and in the designated amounts as authorized by this Agreement. The Commission shall not commit any additional funds of the Agency in the implementation of the Program in excess of the Agency Funds approved and provided by the Agency.
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Agency Funds. These are funds provided by nonprofit organizations to be invested for their benefit.
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Related to Agency Funds

  • Commingling of Funds So long as the Company is Servicer, any collections in respect of Contracts collected by the Company shall, prior to the deposit thereof in the Certificate Account, be held in bank accounts entitled substantially as follows: "[name of depository], as agent for U.S. Bank National Association as Trustee, other trustees, and Green Tree Financial Corporation, as their interests may appear."

  • Disbursement of Funds No later than 1:00 p.m. (local time at the place of funding) on the date specified in each Notice of Borrowing, each Lender will make available its Pro Rata Share of Loans, to fund the Borrowing requested to be made on such date in Dollars, Euro or Sterling, as the case may be, and in immediately available funds, at the Payment Office (for the account of such non-U.S. office of the Administrative Agent as the Administrative Agent may direct in the case of Eurocurrency Loans) and the Administrative Agent will make available to the Borrower at its Payment Office the aggregate of the amounts so made available by the Lenders not later than 2:00 p.m. (local time in the place of payment). Unless the Administrative Agent shall have been notified by any Lender at least one Business Day prior to the date of Borrowing that such Lender does not intend to make available to the Administrative Agent such Lender’s portion of the Borrowing to be made on such date, the Administrative Agent may assume that such Lender has made such amount available to the Administrative Agent on such date of Borrowing and the Administrative Agent may, but shall not be required to, in reliance upon such assumption, make available to the Borrower a corresponding amount. If such corresponding amount is not in fact made available to the Administrative Agent by such Lender on the date of Borrowing, the Administrative Agent shall be entitled to recover such corresponding amount on demand from such Lender. If such Lender does not pay such corresponding amount forthwith upon the Administrative Agent’s demand therefor, the Administrative Agent shall promptly notify the Borrower and, if so notified, the Borrower shall immediately pay such corresponding amount to the Administrative Agent. The Administrative Agent shall also be entitled to recover from the Borrower interest on such corresponding amount in respect of each day from the date such corresponding amount was made available by the Administrative Agent to the Borrower to the date such corresponding amount is recovered by the Administrative Agent, at a rate per annum equal to the rate for Base Rate Loans or Eurocurrency Loans, applicable to the Type of Loan to which such corresponding amount related, for the period in question; provided, however, that any interest paid to the Administrative Agent in respect of such corresponding amount shall be credited against interest payable by the Borrower to such Lender under Section 3.1 in respect of such corresponding amount. Any amount due hereunder to the Administrative Agent from any Lender which is not paid when due shall bear interest payable by such Lender, from the date due until the date paid, at the Federal Funds Rate for amounts in Dollars (and at the Administrative Agent’s cost of funds for amounts in Euros or Sterling or any other Alternative Currency) for the first three days after the date such amount is due and thereafter at the Federal Funds Rate (or such cost of funds rate) plus 1%, together with the Administrative Agent’s standard interbank processing fee. Further, such Lender shall be deemed to have assigned any and all payments made of principal and interest on its Loans, amounts due with respect to its Letters of Credit (or its participations therein) and any other amounts due to it hereunder first to the Administrative Agent to fund any outstanding Loans made available on behalf of such Lender by the Administrative Agent pursuant to this Section 2.7 until such Loans have been funded (as a result of such assignment or otherwise) and then to fund Loans of all Lenders other than such Lender until each Lender has outstanding Loans equal to its Pro Rata Share of all Loans (as a result of such assignment or otherwise). Such Lender shall not have recourse against the Borrower with respect to any amounts paid to the Administrative Agent or any Lender with respect to the preceding sentence; provided, that such Lender shall have full recourse against the Borrower to the extent of the amount of such Loans such Lender has been deemed to have made pursuant to the preceding sentence. Nothing herein shall be deemed to relieve any Lender from its obligation to fulfill its Commitment hereunder or to prejudice any rights which the Borrower may have against the Lender as a result of any default by such Lender hereunder.

  • Disbursement from the Bank Account 4.1 Subject to 4.3 below, if by the close of regular banking hours on the Termination Date the Escrow Agent determines that the amount in the Fund is less than the Minimum Dollar Amount or the Minimum Securities Amount, as indicated by the Subscription Information submitted to the Escrow Agent, then in either such case, the Escrow Agent shall promptly refund to each prospective purchaser the amount of payment received from such purchaser which is then held in the Fund or which thereafter clears the banking system, without interest thereon or deduction therefrom, by drawing checks on the Bank Account for the amounts of such payments and transmitting them to the purchasers. In such event, the Escrow Agent shall promptly notify the Issuer of its distribution of the Fund.

  • Disbursement Account 12.1 The Lender is obligated to keep the bank account information provided on the Platform up to date. The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”).

  • Funds of Funds The Adviser shall serve as investment adviser for each Portfolio listed below (each a “Fund of Funds”). Lifestyle Aggressive Portfolio Lifecycle 2010 Portfolio Lifestyle Balanced Portfolio Lifecycle 2015 Portfolio Lifestyle Conservative Portfolio Lifecycle 2020 Portfolio Lifestyle Growth Portfolio Lifecycle 2025 Portfolio Lifestyle Moderate Portfolio Lifecycle 2030 Portfolio (collectively, the “Lifestyle Portfolios”) Lifecycle 2035 Portfolio Lifecycle 2040 Portfolio Retirement 2010 Portfolio Lifecycle 2045 Portfolio Retirement 2015 Portfolio Lifecycle 2050 Portfolio Retirement 2020 Portfolio (collectively, the “ Lifecycle Portfolios”) Retirement 2025 Portfolio Retirement 2030 Portfolio Retirement Distribution Portfolio Retirement 2035 Portfolio Retirement Rising Distribution Portfolio Retirement 2040 Portfolio (collectively, the “Retirement Distribution Portfolios”) Retirement 2045 Portfolio Retirement 2050 Portfolio Alternative Asset Allocation Fund (collectively, the “Retirement Portfolios”)

  • Deposits to the Bank Account 3.1 The Selling Agents shall promptly deliver to the Escrow Agent all monies which they receive from prospective purchasers of the Securities, which monies shall be in the form of checks or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “HIGHTIMES HOLDING CORP.’s. Escrow Account.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser, or if the Escrow Agent has insufficient information to do so, then to the applicable Selling Agent (together with any Subscription Information, as defined below or other documents delivered therewith) by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

  • Collection Account (a) On the Closing Date, the Master Servicer shall open and shall thereafter maintain a segregated account held in trust (the “Collection Account”), entitled “Collection Account, Aurora Loan Services Inc., as Master Servicer, in trust for the benefit of the Holders of Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2004-10.” The Collection Account shall relate solely to the Certificates issued by the Trust Fund hereunder, and funds in such Collection Account shall not be commingled with any other monies.

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