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

  • 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.

  • In the event there is no such excess, there will be no Dormant Funds associated with that Prior Year and the IOCDF Funding shall be equal to the Exhibit C Amount.

  • For Dormant Funds there is no minimum monthly fee, for all other Fund types the total minimum fee for Fund Operating and Application Processing is $400 USD per month once the Fund is open for grant applications or grant making.

  • The amount of funding provided by the IOCDF for an Eligible Year (the “IOCDF Funding”) will be equal to an amount determined according to the criteria set forth in Exhibit C (the “Exhibit C Amount”), less any Dormant Funds.

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

Related to Dormant Funds

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • 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.