Interest Bearing Account. If the Ministry provides Funds to the Recipient prior to the Recipient’s immediate need for the Funds, the Recipient shall place the Funds in an interest bearing account, which earns interest on the entire balance of Funds in the account, in the name of the Recipient at a Canadian financial institution.
Appears in 4 contracts
Samples: Coda Agreement, Coda Agreement, Funding Agreement
Interest Bearing Account. If the Ministry provides Funds to the Recipient prior to the Recipient’s immediate need for the Funds, the Recipient shall place the Funds in an interest bearing account, which earns interest on the entire balance of Funds in the account, account in the name of the Recipient at a Canadian financial institution.
Appears in 1 contract
Samples: Funding Agreement
