Examples of Guarantee Account in a sentence
Disbursed IDA funds of Transfers to the Partial Credit Guarantee Account for purposes of issuing Partial Credit Guarantees under Part 1 (c) of the Project will remain in the guarantee fund for 5 years after project closing, after which the Bank and the Government will determine whether to continue the guarantee fund or refund the unutilized funds in the bank account of World Bank.
The Plan’s surplus will be increased by an amount equivalent to the Pension Guarantee Account remaining after provision for estimated pensions based upon the defined benefit guarantee.
In the event that the Cash Collateral Account Bank ceases to have the Account Bank Required Ratings or fails to maintain an Account Bank Required Guarantee, Account Bank shall use all endeavours within its control during the remedy period which is sixty(60) calendar days to assist the Issuer to, and the Issuer shall: (i) transfer the Accounts held with it to an Eligible Collateral Bank or (ii) find an irrevocable and unconditional guarantor providing the Account Bank Required Guarantee.
The amounts deducted from the Guarantee Account will be taken on a first-in, first-out basis.
The Bank Guarantee/ Account Payee Demand Draft/ Fixed Deposit Receipt towards Bid Security/ Earnest Money shall remain deposited with the Purchaser for a period of 180 days from the date of opening of bids.
If the amount of the withdrawal exceeds the Contract Value in the Subaccount(s), any remaining deductions will be made from the Guarantee Account.
Sums from the Guarantee Account will also be repaid following the occurrence of the Discharge Date.
You can always transfer amounts out of the closed investment option to another investment option(s), or take distributions from the closed investment option, but you can no longer transfer any amounts back into the closed investment option.Investment Option Effective Date of Closure Money Market Guarantee Account January 1, 2009 Target Date 2015 - 2055 Allocation Portfolios July 12, 2018 Amounts remaining in the Money Market Guarantee Account continue to earn interest at the interest rate.
Highly successful Frailty Awareness training days took place on 15th June in Telford and 13th July in Shrewsbury.
The Guarantee Account and the Separate Account Subaccount(s) shown on the Contract data pages.