Disbursed funds definition

Disbursed funds means funds released by the Commission for payment to participants for completed and certified cost-share conservation practices.
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Examples of Disbursed funds in a sentence

  • Disbursed funds must be deposited in a depository having federal depository insurance.

  • Disbursed funds must be covered by a bank guarantee, in compliance with the Agreement.

  • Disbursed funds will reflect actual enrollment as of the census date of the term.

  • Disbursed funds reached $1.1 M this quarter, based on purchase orders issued.

  • The estimated cost of grade separating the 26 intersections is in excess of $800 million.

  • Your outstanding trust liability to clients must equal the trial balance of all of your escrows with undisbursed bal- ances.208-680-410 Title 208 WAC: Financial Institutions, Department of (11) What requirements must I meet for disburse- ments of trust funds?(a) Disbursed funds must be good funds.(b) Unless otherwise authorized in the escrow instruc- tions, you must make trust fund disbursements by check.

  • Disbursed funds are those that have been transferred to an implementing partner (e.g., the Government of Haiti, an NGO or other non-state service provider).

  • Disbursed funds would create a federal finan- cial aid credit balance.

  • Knowledge must not be confused with information or data, which can be stored.

  • Your outstanding trust liability to clients must equal the trial balance of all of your escrows with undisbursed bal- ances.(10) What requirements must I meet for disburse- ments of trust funds?(a) Disbursed funds must be good funds.(b) Unless otherwise authorized by (c) of this subsection, in the escrow instructions, you must make trust fund dis- bursements by check or cashier's check.

Related to Disbursed funds

  • Disbursed Amount means, in respect of each Interest Period, the aggregate principal amount of the Loan withdrawn from the Loan Account in such Interest Period.

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

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Collected Funds means, with respect to any Collection Period, the amount of funds in the Collection Account representing collections on the Receivables during such Collection Period, including all Net Liquidation Proceeds collected during such Collection Period (but excluding any Purchase Amounts).

  • Controlled Disbursement Account means any account 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.

  • Cleared Funds means the proceeds of cheque deposits to your account, once the cheque is cleared, cash deposits and direct credits.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Segregated funds means the amount of benefits that would

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations;

  • Unreimbursed Amount has the meaning specified in Section 2.03(c)(i).

  • Disbursement is defined in Section 2.6.2.

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

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Pledged Funds means all of the Series Pledged Funds.

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Related Funds means with respect to any Lender that is an Approved Fund, any other Approved Fund that is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • own funds means the sum of Tier 1 capital and Tier 2 capital;

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.