Grant Account definition

Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”
Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”;
Grant Account means the account opened by the Administrator on its books in the name of the Recipient to which the amount of the Grant is credited.

Examples of Grant Account in a sentence

  • The Additional Event of Suspension referred to in Section 4.02 (k) of the Standard Conditions consists of the following: The World Bank has determined after the Effective Date referred to in Section 5.03 of this Agreement that prior to such date but after the date of this Agreement, an event has occurred that would have entitled the World Bank to suspend the Recipient's right to make withdrawals from the Grant Account if this Agreement had been effective on the date such event occurred.


More Definitions of Grant Account

Grant Account means the account opened or to be opened by ADB on its books in the name of the Recipient to which the amount of the Grant has been or will be credited;
Grant Account means the account in the books of the Fund opened in the name of the Recipient to which the amount of the Grant is credited.
Grant Account means the account maintained by the Administrator, in which the amount of the Grant is deposited, and (b) the term "Grant Special Account" means the account to be opened by the Recipient pursuant to the provisions of Section 2.02 (b) of this Agreement.
Grant Account means any account which is created by the Chief Fiscal Officer of the County to maintain funds provided to the Coalition through grants to the Host.
Grant Account means the account opened by the World Bank in its books in the name of the Recipient to which the Grant is credited in accordance with Section
Grant Account means the account in the name of the Grantee established pursuant to this Grant Agreement and held by the Finance Authority for deposit of the Grant Amount for disbursal to the Grantee for payment of the costs of the Project.
Grant Account means the account referred in Section 2.02 of this Agreement;