Administrative funds definition

Administrative funds means all monies, received by the authority from the general fund of the State or from the exercise of the power of taxation by the State or any of its political subdivisions which are designated specifically to be used for the payment of administrative expenses, and the earnings on the funds.
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Administrative funds. CDBG administrative funds are to be disbursed pursuant to the Budget described in the Attachments and according to the procedures in the Department’s Program Implementation Handbook.
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Administrative funds means funding referred to in clause 21.14.
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Examples of Administrative funds in a sentence

  • This clause introduces a higher risk of double punishment for those victims who have received convictions.

  • Administrative funds are supported through contributions from members through dues, fines and other individual contributions.

  • Administrative funds received under all JTPA titles may be used to form an administrative cost pool.

  • Eligible recipient agencies must sign a receipt for program commodities which they receive under this part for distribution to households or for use in preparing meals, and records of all such receipts must be maintained.(2) Administrative funds.

  • Administrative funds can be used to host or attend a conference or meeting that is consistent with its approved application and is reasonable and necessary for successful performance and to achieve the goals of the ARI administrative duties.

  • The source of the Match contribution may change after a Contract is awarded under the NOFA, but the total Match contribution pledged in the Application will be Contractually required if increased Administrative funds are awarded based on the Match pledged at Application.

  • Administrative funds that remain in the account at the conclusion of the program year remain in the account to address program administrative costs in subsequent program years.

  • Administrative funds may be used to pay administrative costs incurred by the grantee in the performance of program activities.

  • Administrative funds may be used for direct costs associated with the tasks outlined in the Program Administration section of the Carl Moyer Program Guidelines, and must be documented by district staff.

  • Administrative funds retained by Pennsylvania for state expenses will not exceed 15 percent of the total funds received from the USDA.


More Definitions of Administrative funds

Administrative funds means USDA child and adult care food program (CACFP) grant funds distributed to qualifying non- profit sponsoring organizations contracting with the department to administer the CACFP.
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Administrative funds means the Administrative Fund established by Section 502
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Related to Administrative funds

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Administrative Fee is defined in Section 4.1(a).

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

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

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

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

  • Agent Account means such account of the Administrative Agent as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Debt Service Reserve Account as defined in the Depositary Agreement.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • 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.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Administration Account As defined in Section 7.02.

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.