Retention Funds definition

Retention Funds means funds held in the Retention Account. Shareholders means the shareholders of Origo from time to time. Termination Date means the date on which a termination of this Agreement takes effect in accordance with clause 8. Unlisted Asset Disposal means the disposal of any unlisted asset(s):
Sample 1
Retention Funds. See Paragraph 2.3(c).
Sample 1
Retention Funds shall have the meaning set forth in Paragraph --------- 2.3(a) hereof. ------
Sample 1

Examples of Retention Funds in a sentence

  • Risk Retention Funds The BOCES shall account for Unemployment Insurance, Dental Insurance, and Flexible Spending Plans will be accounted for in the Risk Fund.

  • Estimated Funds Retention: Funds in this account will be expended over a one to three years period.

  • Plaintiff alleges that, in reliance on Nicholas’ representation that16Plaintiff would be paid from the Retention Funds, Plaintiff claims that he “recommenced” work17 on the Project.

  • Whereas Retention Funds have contributed significantly towards complementing Budget resources, the accountability arrangements have exhibited fundamental weaknesses which undermine efficient utilisation of public resources.

  • Plaintiff alleges that Nicholas encouraged him to call Mr. Paul2 Hoffman (“Hoffman”) at IndyMac to confirm the amount and terms of the Retention Funds, and mentioned that Nicholas and Hoffman were “good buddies and had been fraternity brothers3together.” Id. at 5:14-17.

  • My argument that Kennedy deceived not only the public but much of his own administration on his policy toward Vietnam challenges some of the most basic premises of diplomatic history.

  • Plaintiff alleges that Nicholas stated that he had no other money available at the time to pay him, and that the only option was to get the C.O. so that IndyMac would release the1 Retention Funds.

  • The following funding sources may not be used for summer salary: • Start-up or Retention Funds – These funds may not be used for faculty summer salaries, unless they are so designated.

  • Deposit of Retention Funds in Escrow Account." The trial court granted plaintiff's motions and ordered each defendant to deposit funds into an escrow account.

  • To enhance retention funds accountability and transparency and to comply with best practices, Retention Funds are will be expected to wound up in 2020, and be part of Consolidated Revenue Fund to Treasury beginning Fiscal Year 2021.


More Definitions of Retention Funds

Retention Funds with respect to any Tenant Improvements, means ten percent (10%) of the costs under the construction contract for construction of such Tenant Improvements. "Schedule of Values" with respect to any Tenant Improvements, means AIA Form G703, allocated by Construction Specifications Institute category, attached to the Budget, prepared by Borrower and/or Borrower's Architect prior to any Construction Component Advance for such Tenant Improvements, and approved by Lender in its reasonable discretion.
Sample 1
Retention Funds means the amount of the “Initial Retention” as defined in the R&W Insurance Policy.
Sample 1

Related to Retention Funds

  • Levy reduction funds means increases in state funds from

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Compensation Fund means the fund maintained by the Society pur- suant to Sections 21 and 22 (as substituted, respectively, by Sections 29 and 30 of the Act of 1994) of the Act of 1960;

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

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

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Grant Funds means any and all funds allocated or disbursed to Grantee under this Agreement.

  • the Skipton Fund means the ex-gratia payment scheme administered by the Skipton Fund Limited, incorporated on 25th March 2004, for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with the scheme’s provisions;

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Superannuation Fund means the Local Government Superannuation Scheme.

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Retention Bonus means the amount equal to:

  • Escrow Deposit has the meaning set forth in Section 3.3.