Common use of Program Operations Fund Clause in Contracts

Program Operations Fund. The Authority shall deposit in the Program Operations Fund all Assessments investment income and other funds or revenues allocated to the Program. This fund shall be used to pay all claims, excess insurance, reinsurance, and administrative costs of the Program. These funds may also be expended for investment, contribution or assessment for participation in a group or captive insurance program or pool as provided in Section 3.4.

Program Operations Fund. The Authority shall deposit in the Program Operations Fund all Assessments Assessments, investment income income, and other funds or revenues allocated to the Program. This fund shall be used to pay all claims, excess insurance, reinsurance, and claims as well as the administrative costs of the Program. These funds may also be expended for investmentinvestments, contribution or assessment for participation in a group or captive insurance program or pool as provided in Section 3.43.6.

Program Operations Fund. The Authority shall deposit in the Program Operations Fund all Assessments investment income Assessments, in vestment income, and other funds or revenues allocated to the Program. This fund shall be used to pay all claims, excess insurance, reinsurance, and administrative costs of the Program. These funds may also be expended for investment, contribution or assessment for participation in a group or captive insurance program or pool as provided in Section 3.43.5.