Advanced Funds definition

Advanced Funds means funds advanced to an escrow agent for purposes of funding a Mortgage Loan to be pledged hereunder.
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Advanced Funds shall have the meaning set forth in Section 2.05.B. “Advanced Funds Account” shall have the meaning set forth in Section 2.05.B.
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Advanced Funds means $1,500,000 advanced by the Investor to the Subsidiary pursuant to the Subscription Agreement,
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Examples of Advanced Funds in a sentence

  • Within forty-five (45) days after the end of each budget term or of the time of termination of the Contract, the Contractor shall refund the greater of: i) the amount refundable in accordance with paragraph 4.2.1, Unearned Advanced Funds; or ii) the amount refundable in accordance with paragraph 5.2.2, Contracted Services.

  • Returning Unexpended Advanced Funds for ACQUISITIONIf all or a portion of GRANT funds advanced to the title or escrow company are not expended, the unused portion of the advanced funds must be returned to OGALS within 60 days after completion of the ACQUISITION(s), within 60 days of theACQUISITION withdrawal, or within 60 days after the end of the GRANT PERFORMANCE PERIOD, whichever is earliest.

  • Within forty-five (45) days after the end of each budget term or of the time of termination of the Contract, the Contractor shall refund the greater of: i) the amount refundable in accordance with paragraph 5.2.1, Unearned Advanced Funds; or ii) the amount refundable in accordance with paragraph 5.2.2, Contracted Services.

  • Returning Unexpended Advanced Funds for AcquisitionIf all or a portion of GRANT funds ADVANCED to the title or escrow company are not expended, the unused portion of the ADVANCED funds must be returned to OGALS within 60 days after completion of the acquisition(s), within 60 days of the acquisition withdrawal, or within 60 days after the end of the GRANT PERFORMANCE PERIOD, whichever is earlier.

  • Grantee shall be responsible for the completion of the Work and to provide required documentation to DOLA as specified herein.2.3.1. Grantee shall notify DOLA at least 30 days in advance of Project Completion.2.4. Recapture of Advanced Funds.

  • The City may invest the Advanced Funds in the same manner as other funds of the City are invested, and interest earnings shall remain in the Advanced Funds Account.

  • Local funding sources may include any combination of the following: Traffic Impact Fee Program, Missouri Flat Area Master Circulation and Financing Plan, Road Fund, Tribe Funds, Accumulative Capital Outlay, Developer Advanced Funds, Sacramento Municipal Utility District, and/or General Fund.This matter was Approved on the Consent Calendar.

  • Agent agrees that all Advanced Funds shall be due and payable upon written demand or, if no demand is made, the Advanced Funds shall be repaid by applying future monthly commissions earned and due to Agent against Agent’s outstanding principal and interest balance.

  • The City shall submit to the Developer an itemized statement of actual payments made from the Advanced Funds Account for such expenses on a regular periodic basis, but no more often than monthly and no less often than quarterly.

  • Students may opt out of this process by submitting the Opt Out of Advanced Funds form.


More Definitions of Advanced Funds

Advanced Funds means moneys received by Reclamation from the Agency for operation and maintenance purposes pursuant to the Act of January 12, 1927, 43
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Advanced Funds means $1,200,000 to be contributed by Summit pursuant to this Agreement.
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Advanced Funds means funds advanced (1) prior to activity date or (2) prior the submission of actuals/receipts.
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Advanced Funds means those funds that either the Project Developer or the City, as the case may be, advanced for expenditure towards Project Costs prior to the Effective Date hereof.
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Advanced Funds refers to the funds advanced by the Issuing Bank during its performance of guarantee liabilities and other liabilities related to the Standby Letter of Credit in accordance with the terms and conditions of the Standby Letter of Credit.
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Advanced Funds means the amount advanced by Defendants to the Settlement Administrator within fourteen (14) days after entry of the Preliminary Approval Order, equal to the fees and expenses of the Settlement Administrator that the Court approves in the Preliminary Approval Order to cover the cost of sending notice and administering the settlement.
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Related to Advanced Funds

  • Collected Funds means, with respect to any Collection Period, the amount of funds in the Collection Account representing collections on the Receivables during such Collection Period, including all Net Liquidation Proceeds collected during such Collection Period (but excluding any Purchase Amounts).

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • advanced biofuels means biofuels that are produced from feedstocks listed in part A of Annex IX;

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

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

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Fresh Funds means funds that:

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

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations;

  • Cleared Funds means the proceeds of cheque deposits to your account, once the cheque is cleared, cash deposits and direct credits.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Stayed Funds If the Master Servicer is the subject of a proceeding under the federal Bankruptcy Code and the making of a Remittance (as defined in Section 7.02(b)) is prohibited by Section 362 of the federal Bankruptcy Code, funds that are in the custody of the Master Servicer, a trustee in bankruptcy or a federal bankruptcy court and should have been the subject of such Remittance absent such prohibition.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Related Funds means with respect to any Lender that is an Approved Fund, any other Approved Fund that is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Cash Advance Fee means a cash advance fee or similar fee that is charged to an Account under the related Credit Card Agreement.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Controlled Disbursement Account means any account 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.