Dormant Funds definition

Dormant Funds means Unclaimed Property with respect to which the time period for statutory reporting has expired.
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Examples of Dormant Funds in a sentence

  • Draft financial statements for Cereals and Sugar Finance Corporation (under liquidation) have been prepared and submitted for audit review.The interim report as per September, 2015 of the winding up committee of Dormant Funds has been availed for audit review.

  • The Escheatment Schedule attached hereto as Schedule 5.2 reflects all Unclaimed Property that the Parties have determined is either (i) escheatable (reportable) in accordance with the Unclaimed Property Law of the applicable state, or (ii) Dormant Funds as of the date of the ADTSS Balance Sheet.

  • Paragraphs 18, 19, 20, & 21: Accounts Receivable - Debtors, Accounts Payables-Creditors, balance brought forward and Winding up of the FundSubmission by the Accounting OfficerThe Accounting Officer stated that this is a dormant fund and it is in the process of being wound up through the Taskforce on the winding up of Dormant Funds.

  • Additional Fees & Charges 11Additional Work Charge 11Courier Fee/Overnight Delivery 11Direct Escrow Documents 12Direct Transaction Fees 12Inspection Fee 12Interest Bearing Account Set Up 12Manufactured Homes/Mobile Homes/Affixture Processing Fees 12Reconveyance Tracking 13Recording Fee 13File Maintenance and Dormant Funds 14Signing Services (Outside) 14I.

  • A task force was constituted to prepare information and recommend the winding up of Dormant Funds including KLLSF prepared a progress report as at 30th June, 2015.

  • Dormant Funds Account – Abandoned Property:Dormant Funds as evidenced by stale-dated checks (90 days), outstanding checks or inactive escrow accounts will be maintained at no charge.

  • Dormant Funds equal the amount of money by which the Prior Year Funding exceeds two hundred percent (200%) of the Prior Year Expenses.

  • Works Board Order No. 2018-30.28: An Order Approving and Authorizing Transfer of Fund Balance of Dormant Funds Raised by a General or Special Tax Levy, all Pursuant to IC 36-1-8-5.

  • ABANDONED OR DORMANT FUNDS CUSTODIAL FEE A one-time Dormant Funds Custodial Fee of $25.00 per side.

  • Mr O’Flynn provided an overview of the Leap Dormant Funds Policy and the proposals to amend the policy.

Related to Dormant Funds

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • 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.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Grant Funds means any and all funds allocated or disbursed to Grantee under this Agreement.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Trust Funds means any cash or Permitted Investments comprised of (a) funds specially and exclusively used (i) for payroll and payroll taxes and other employee benefit payments to or for the benefit of employees of Loan Parties and their subsidiaries, (ii) to pay all taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof)) and (b) any other funds which any Loan Party holds on behalf as an escrow or fiduciary for another person (other than another Loan Party).

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Fresh Funds means funds that:

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Separate Accounts means the accounts which are to be prepared for each

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

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

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

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.