Restricted Funds definition

Restricted Funds means external research grants, endowments, donations or funding that require the funds be used in a specific way or for a specific purpose, and are so designated by the University of Alberta.
Restricted Funds. [None] FIXED ACCOUNT Minimum Fixed Allocation The minimum allocation to the Fixed Account in any one Fixed Allocation is [$250.00]. Minimum Guaranteed Interest Rate - [3%.] Guarantee Periods We currently offer Guarantee Periods of [1, 3, 5, 7 and 10] year(s). We reserve the right to offer Guarantee Periods of durations other than those available on the Contract Date. We also reserve the right to cease offering a particular Guarantee Period or Periods. Index Rate The Index Rate is the average of the Ask Yields for the U.S. Treasury Strips as reported by a national quoting service for the applicable maturity. The average is based on the period from the 22nd day of the calendar month two months prior to the calendar month of Index Rate determination to the 21st day of the calendar month immediately prior to the month of determination. The applicable maturity date for these U.S. Treasury Strips is on or next following the last day of the Guarantee Period. If the Ask Yields are no longer available, the Index Rate will be determined using a suitable replacement method. We currently set the Index Rate once each calendar month. However, we reserve the right to set the Index Rate more frequently than monthly, but in no event will such Index Rate be based on a period less than 28 days. GA-IA-1082 3D7 THE SCHEDULE CHARGES AND FEES ------------------------------------------------------------------------------ |-----------------------------------------------------------------------------| |Annuitant Owner | |[THOMAS J. DOE] [JOHN Q. DOE] | | | |-----------------------------------------------------------------------------| |Initial Premium Annuity Option Annuity Commencement Date| |[$10,000] [LIFE 10-YEAR CERTAIN] [JANUARY 1, 2026] | |-----------------------------------------------------------------------------| |Separate Account(s) Contract Number | |[SEPARATE ACCOUNT B AND THE FIXED ACCOUNT] [123456] | |-----------------------------------------------------------------------------| DEDUCTIONS FROM PREMIUMS None DEDUCTIONS FROM ACCUMULATION VALUE Initial Administrative Charge None Administrative Charge We charge a maximum of $30 to cover a portion of our ongoing administrative expenses for each Contract Processing Period. The charge is incurred at the beginning of the Contract Processing Period and deducted on the Contract Processing Date at the end of the period. At the time of deduction, this charge will be waived if: 1. The Accumulation Value is at least $100,000; or...
Restricted Funds means funds temporarily or permanently restricted by donors for specific purposes. The term refers to specific purpose funds and endowment funds;

Examples of Restricted Funds in a sentence

  • Schedule 6.21 includes an accurate and complete list of all Restricted Funds and all Unrestricted Funds as of February 1, 2015.


More Definitions of Restricted Funds

Restricted Funds mean funds subject to externally imposed stipulations (explicit or implicit) that specify the purpose for which the contribution is to be used. These funds are related to research (grants, contracts, and donations), special purpose (grants, contracts, and donations) or endowments (grants, contracts, and donations).
Restricted Funds. [None] GA-IA-1083 3D7 THE SCHEDULE CHARGES AND FEES ------------------------------------------------------------------------------ |-----------------------------------------------------------------------------| | Annuitant Owner | | [XXXXXX X. XXX] [XXXX X. XXX] | |-----------------------------------------------------------------------------| | Initial Premium Annuity Option Annuity Commencement Date | | [$10,000] [LIFE 10-YEAR CERTAIN] [JANUARY 1, 2026] | | ----------------------------------------------------------------------------| | Separate Account(s) Contract Number | | [SEPARATE ACCOUNT B] [123456] | |-----------------------------------------------------------------------------| DEDUCTIONS FROM PREMIUMS None DEDUCTIONS FROM ACCUMULATION VALUE Initial Administrative Charge None Administrative Charge We charge a maximum of $30 to cover a portion of our ongoing administrative expenses for each Contract Processing Period. The charge is incurred at the beginning of the Contract Processing Period and deducted on the Contract Processing Date at the end of the period.
Restricted Funds means property (including money) given to a charity for a specific purpose and in respect of which conditions have been imposed as to its use,
Restricted Funds means funds accruing to the teacher salary, operating and debt service funds that can be used only for specific purposes as stated in law or in accordance with a grant award (such as ESA, ALE, ELL, Professional Development).
Restricted Funds. Each of the funds subject to the Frequent Trading policy. Restricted Funds do not include any “excepted funds” as defined in SEC Rule 22c-2(b) under the Investment Company Act of 1940, or any funds identified as such by the Fund.
Restricted Funds means restricted funds established and maintained pursuant to Title XI reserve fund and financial agreements between OSG or any of the Subsidiaries and the Secretary of Transportation in accordance with Title XI of the Merchant Marine Act, 1936, as amended, and the regulations promulgated thereunder; provided that "Restricted Funds" shall mean, for any period, the aggregate amount on deposit in Restricted Funds as so defined as of the last day of such period, as the same is reflected in a consolidated balance sheet of OSG and the Subsidiaries as of such date;
Restricted Funds. For project management funds, at the end of each fiscal reporting quarter, the contract amount will be reduced by an amount not to exceed the difference between the amount budgeted in Exhibit 2 for the quarter and the amount expended in the same quarter.