Examples of Program Assets in a sentence
The Government will not use MCC Funding, proceeds thereof or Program Assets to make such payment.
The scheduled or other payments required by or with respect to each such loan, and any prepayments of any such loan, shall constitute Pledged Receipts.(2) The provisions of Section 819 of the General Resolution to the contrary notwithstanding, none of the loans constituting Program Assets and Pledged Property pursuant to paragraph (1) of this Section 508 shall be included or otherwise reflected in any Cash Flow Statement to be filed by the Agency (unless otherwise provided in a Supplemental Resolution).
The Government shall, to MCC’s satisfaction, insure or cause to be insured all Program Assets and shall obtain or cause to be obtained such other appropriate insurance and other protections to cover against risks or liabilities associated with the operations of the Program, including by requiring Providers to obtain adequate insurance and post adequate performance bonds or other guarantees.
Our audits were conducted for the purpose of forming an opinion on the Statement of Changes in Program Assets of the Petroleum Inspection Fee Revenue Obligations Program.
The Government shall ensure that any Program Assets, services, facilities or works funded in whole or in part (directly or indirectly) by MCC Funding, unless otherwise agreed by the Parties in writing, shall be used solely in furtherance of this Compact.