Separate Fund Sample Clauses

Separate Fund. To deposit all receipts collected from the Property in a trust account in a bank approved by Owner and insured by the Federal Deposit Insurance Corporation, separate from Manager's personal account and to pay expenses pursuant to an operating budget approved by Owner and to pay the balance of such receipts pursuant to the instruments, documents and agreements evidencing the loan from Lender to Owner. However, Manager will not be held liable in the event of bankruptcy or failure of a depository.
Sample 1Sample 2Sample 3See All (15)
AutoNDA by SimpleDocs
Separate Fund. 6 1.43 Taxable Wage Base...............................................................................6 1.44
Sample 1Sample 2See All (11)
Separate Fund. During any period in which any part of the Grant funds remain unexpended, the Grantee shall continuously maintain the Grant funds in a separate fund, which may be a segregated account on the Grantee's books, and such separate fund shall be dedicated solely to the purposes specified in section A of this Agreement.
Sample 1Sample 2Sample 3See All (4)
Separate Fund. 6 1.43 TAXABLE WAGE BASE.................................................................6
Sample 1See All (4)
Separate Fund. First, the portion of the Individual Account invested in each Investment Fund as of the previous Valuation Date is determined. Each such portion is reduced by any withdrawal made from the applicable Investment Fund to or for the benefit of a Participant or the Participant's Beneficiary, further reduced by any amounts forfeited by the Participant pursuant to Section 4.01(C) or (D) of the Plan, and further reduced by any transfer to another Investment Fund since the previous Valuation Date, and is increased by any amount transferred from another Investment Fund since the previous Valuation Date. The resulting amounts are the net Individual Account portions invested in the Investment Funds.
Sample 1
Separate Fund. A subdivision of the Fund held in the name of a particular Participant representing certain assets held for that Participant. The assets which comprise a Participant's Separate Fund are those assets earmarked for him or her and those assets subject to the Participant's individual direction under the terms of the Trust Agreement and Article 5.
Sample 1
Separate Fund. The principal of the Trust, and any earnings thereon which are not paid to an Employer as provided in Article IV, shall be held separate and apart from other funds of Employers and shall be used exclusively for the uses and purposes herein set forth.
Sample 1
AutoNDA by SimpleDocs
Separate Fund. 6 1.43 Taxable Wage Base . . . . . . . . . . . . . . . . . . . . . . . . 6 1.44
Sample 1
Separate Fund. All Grant funds received by your organization from Grantor must be maintained in a separate fund dedicated to the Exempt Purposes. Such a separate fund may be either (i) a physically separate bank account restricted to the Exempt Purposes, or (ii) a separate bookkeeping account (limited to the Exempt Purposes) maintained as part of your financial records. The Grantor encourages, whenever feasible, the deposit of Grant funds in an interest-bearing account. 0000 Xxxxxxxx Xxxxxx • Suite 260 • St. Louis, MO | 63108 xxxxxxxxxxxxxxxxxxx.xxx
Sample 1

Related to Separate Fund

  • Separate Account If Student-Generated Content is stored or maintained by the Provider, Provider shall, at the request of the LEA, transfer, or provide a mechanism for the LEA to transfer, said Student- Generated Content to a separate account created by the student.

  • Rebate Fund Company agrees to make all payments to the Trustee and rebate all amounts to the United States of America as are required of it under Section 6.06 of the Indenture. The obligation of Company to make such payments shall remain in effect and be binding upon Company notwithstanding the release and discharge of the Indenture.

  • Trust Fund The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • General Account All assets of SBL other than those allocated to the Separate Account or any other separate account of SBL. GUARANTEE PERIOD Current Interest, if declared, is fixed for rolling periods of one or more years, referred to as Guarantee Periods. SBL may offer Guarantee Periods of different durations. The Guarantee Period that applies to any Fixed Account Contract Value:

  • Trust Funds The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • Trust Account (i) The Purchaser hereby acknowledges that it is aware that the Company will establish the Trust Account for the benefit of its public stockholders upon the IPO Closing. The Purchaser, for itself and its affiliates, hereby agrees that it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of the Company as a result of any liquidation of the Company, except for redemption and liquidation rights, if any, the Purchaser may have in respect of any Public Shares held by it.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

Time is Money Join Law Insider Premium to draft better contracts faster.