Grant Account definition

Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”
Grant Account means the account opened or to be opened by ADB on its books in the name of the Recipient to which the amount of the Grant has been or will be credited;
Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited;”

Examples of Grant Account in a sentence

  • Each such deposit into the Special Account shall be withdrawn by the Association from the Credit Account or the Grant Account under one or more of the Eligible Categories.

  • Withdrawals from the Credit Account and the Grant Account shall be deposited by the Association into the Special Account in accordance with the provisions of Schedule 1 to this Agreement.

  • The Association shall not be required to make further deposits into the Special Account in accordance with the provisions of Part B.2 of this Schedule if, at any time, the Association shall have notified the Borrower and the Guarantor of its intention to suspend in whole or in part the right of the Borrower to make withdrawals from the Credit Account or the Grant Account pursuant to Section 6.02 of the General Conditions.


More Definitions of Grant Account

Grant Account means the account in the books of the Fund opened in the name of the Recipient to which the amount of the Grant is credited.
Grant Account means the account maintained by the Administrator, in which the amount of the Grant is deposited, and (b) the term "Grant Special Account" means the account to be opened by the Recipient pursuant to the provisions of Section 2.02 (b) of this Agreement.
Grant Account means any account which is created by the Chief Fiscal Officer of the County to maintain funds provided to the Coalition through grants to the Host.
Grant Account means the account opened by the World Bank in its books in the name of the Recipient to which the Grant is credited in accordance with Section
Grant Account means the account in the name of the Grantee established pursuant to this Grant Agreement and held by the Finance Authority for deposit of the Grant Amount for disbursal to the Grantee for payment of the costs of the Project.
Grant Account means the account opened in the books of the Co-financier in the name of the Borrower and into which the amount of the Co-financing is credited pursuant to the provisions of the Co-financing Agreement.
Grant Account means the account referred in Section 2.02 of this Agreement;