Common use of Interest Bearing Account Clause in Contracts

Interest Bearing Account. If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 60 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

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Interest Bearing Account. If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest interest-bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 24 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds to the Recipient before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 19 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before the Recipient’s 's immediate need for the Funds, the Recipient will place the Funds in an interest interest-bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 7 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before to the Recipient prior to the Recipient’s immediate need for the Funds, the Recipient will shall place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Grant Funding Agreement

Interest Bearing Account. If the Province provides Funds to the Recipient before the Recipient’s immediate need for the Funds, the Recipient will shall place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 1 contract

Samples: Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before to the Recipient prior to the Recipient’s immediate need for the Funds, the Recipient will shall place the Funds in an a separate interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 1 contract

Samples: Service Agreement

Interest Bearing Account. If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest interest-bearing account in the name of the Recipient at a Canadian financial institution.institution.‌

Appears in 1 contract

Samples: Multi Program Ontario Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient, or where the Recipient is more than one entity, in the name of one of such entities at a Canadian financial institution.

Appears in 1 contract

Samples: Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before to the Recipient prior to the Recipient’s immediate need for the Funds, the Recipient will shall place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution, subject to the approval of the Minister of Finance.

Appears in 1 contract

Samples: Funding Agreement

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Interest Bearing Account. If the Province provides Funds to the Recipient before the Recipient’s Recipient¶s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 1 contract

Samples: Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.institution.‌

Appears in 1 contract

Samples: Transfer Payment Agreement

Interest Bearing Account. If the Province provides Funds before to the Recipient prior to the Recipient’s 's immediate need for the Funds, the Recipient will shall place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 1 contract

Samples: Funding Agreement

Interest Bearing Account. If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will shall place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 1 contract

Samples: Funding Agreement

Interest Bearing Account. If the Province provides Funds to the Recipient before the Recipient’s 's immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

Appears in 1 contract

Samples: Public Transit Infrastructure Fund Agreement

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