Interest Earned definition

Interest Earned means interest earned on amounts in the [Site name] Disbursement Special Account, which shall be computed monthly at a rate based on the annual return on investments of the EPA Hazardous Substance Superfund. The applicable rate of interest shall be the rate in effect at the time the interest accrues.
Interest Earned means the amount of money earned by the Recipient from placing the Funds in an interest bearing account as set out under section A3.4 of Schedule “A” of this Agreement.
Interest Earned means the amount of money earned by the Recipient from placing the Funds in an interest bearing account as set out under section A.4.4 (Interest-Bearing Account) of Schedule “A” of this Agreement, and includes any and all interest or other income generated from the Funds.

Examples of Interest Earned in a sentence

  • Money received from investment may be credited to the Public Bank Account Interest Earned Account pending being dealt with under subsection (3), (4) or (5).

  • Interest Earned on Advance Payments..................................................................................

  • The Recipient will, upon expiry of the Agreement, pay to the Province any Funds plus Interest Earned remaining in its possession, under its control, or both.

  • The Recipient will hold the Funds plus any Interest Earned in trust for the Province until the Funds are used in accordance with the Agreement.

  • Remit interest earned over $500 annually – refer to Interest Earned section below.


More Definitions of Interest Earned

Interest Earned means interest earned on amounts in the Sauget Area 2 Remediation Account from the date funds in excess of $2.5 million are transferred pursuant to Paragraph 34 and continuing until disbursement pursuant to Paragraph 36. Interest shall be computed monthly at a rate based on the annual return on investments of the EPA Hazardous Substance Superfund. The applicable rate of interest shall be the rate in effect at the time the interest accrues.
Interest Earned means interest earned on amounts in the Disbursement Special Account, which shall be computed monthly at a rate based on the annual return on investments
Interest Earned means interest earned on amounts in the Tremont City Barrel Fill Disbursement Special Account, which shall be computed monthly at a rate based on the annual return on investments of the EPA Hazardous Substance Superfund. The applicable rate of
Interest Earned is the sum of the 200_-_ Certificate Cash Accumulation Account Earnings and the portion of the earnings with respect to the Certificate Distribution Account allocable to funds therein for the benefit of the 200_-_ Certificates during the related Collection Period.
Interest Earned means interest earned on amounts in the Portland Harbor River Mile 9 West Project Area Disbursement Special Account, which shall be computed monthly at a rate based on the annual return on investments of the EPA Hazardous Substance
Interest Earned means interest earned on amounts in the ITT Thompson Site Special Account, which shall be computed monthly at a rate based on the annual return on investments of the Hazardous Substance Superfund. The applicable rate of interest
Interest Earned means the amount of interest paid by an investee to the municipality for the investment made by the municipality.