Common use of Deposited Funds Clause in Contracts

Deposited Funds. RUS has received from the Awardee evidence, satisfactory to RUS, verifying that the Awardee has maintained on deposit in an account, funds sufficient to complete the Project as specified on Schedule 1; and

Appears in 7 contracts

Samples: Grant and Security Agreement, Loan Agreement, Grant and Security Agreement

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Deposited Funds. RUS has received from the Awardee evidence, satisfactory to RUS, verifying that the Awardee has maintained on deposit in an accountthe Pledged Deposit Account, funds sufficient to fulfill the matching funds requirement and to complete the Project as specified on Schedule 1; and

Appears in 3 contracts

Samples: Loan and Security Agreement, Grant and Security Agreement, Grant and Security Agreement

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Deposited Funds. RUS has received from the Awardee Awardees evidence, satisfactory to RUS, verifying that the Awardee has Awardees have maintained on deposit in an account, funds sufficient to complete the Project as specified on Schedule 1; and

Appears in 1 contract

Samples: Grant and Security Agreement

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