Action Fund definition

Action Fund means the Phase One Action Fund or the Phase Two Action Fund. “Phase One Action Fund” has the meaning set forth in Paragraph 6.7.2 of this Settlement Agreement. “Phase Two Action Fund” has the meaning set forth in Paragraph 6.8.6 of this Settlement Agreement.
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Action Fund means the separate fund of the City in which shall be deposited annually an amount equal to seven percent (7%) of the Net Park Fees for each tax year. Such funds shall be maintained by the City and held in trust for the Downtown Partnership.
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Examples of Action Fund in a sentence

  • The District, upon written authorization from the employee, will deduct voluntary contributions to the AFT - Oregon Political Action Fund from the employee’s regular paycheck.

  • The City will deduct voluntary contributions on a monthly basis to the Communications Workers of America’s Political Action Fund (PAF) from the wages of a member upon receipt from the Union of an individual written authorization card voluntarily executed by the member.

  • The amount deducted and a roster of employees using this voluntary deduction will be transmitted to the Political Action Fund.

  • Upon written request on a form provided by AAP and approved by the University, members of AAP may have dues deducted from their paychecks as a voluntary monthly Political Action Fund (PAF) deduction.

  • The Employer shall deduct one cent (1¢) per hour from each employee’s earnings for each hour of work earned for the UA Political Action Fund.

  • The Employer and the Union agree that one-quarter of one percent (.25%) for all amounts deducted pursuant to the Voluntary Political Action Fund check off provision in the parties’ Collective Bargaining Agreement will be used to reimburse the Employer for its reasonable costs of administering the check off.

  • It is recognized that the District Council 21 has a Political Action Fund and is entitled to voluntary contributions by its members.

  • The existing system of voluntary payroll deduction for the Union’s Political Action Fund shall be continued.

  • The Employer agrees to make authorized payroll deductions for employees who voluntarily sign up for the Union Political Action Fund.

  • Upon receipt of written authorization from an EMPLOYEE, the EMPLOYER agrees to deduct payments in the amount specified in the wages of said EMPLOYEE, and forward such monies to the Political Action Fund, in a manner consistent with Article 3.

Related to Action Fund

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

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

  • 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.

  • 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.

  • Levy reduction funds means increases in state funds from

  • 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;

  • Redemption Fund means the fund by that name established pursuant to Section 5.04.

  • Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Direct Account : means any Account which is not an ISA Account.

  • Bond Fund means the fund created by Section 6.02 of the Indenture.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • 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.

  • 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;

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Pension Fund means any person that:

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

  • Buydown Fund A fund provided by the originator of a Mortgage Loan or another Person with respect to a Buydown Loan which provides an amount sufficient to subsidize regularly scheduled principal and interest payments due on such Buydown Loan for a period. Buydown Funds may be (i) funded at the par values of future payment subsidies, or (ii) funded in an amount less than the par values of future payment subsidies, and determined by discounting such par values in accordance with interest accruing on such amounts, in which event they will be deposited in an account bearing interest. Buydown Funds may be held in a separate Buydown Fund Account or may be held in a Custodial Account for P&I or a Custodial Account for Reserves and monitored by a Servicer.