Innovation Account definition

Innovation Account means an account in the name of the Franchisee charged in favour of the Secretary of State, as more particularly defined in the Innovation Account Charge;
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Innovation Account or “INN Account” means the money in a County's Local Mental Health Services Fund that the County allocates for Innovative Projects as described in Article 9.
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Innovation Account or “INN Account” means the money in a County’s Local
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Examples of Innovation Account in a sentence

  • NIH also receives funding through LHHS appropriations, subject to different budget enforcement rules than the rest of the NIH funding in the act—appropriations to the NIH Innovation Account created by The 21st Century Cures Act (“the Cures Act,” P.L. 114-255) to fund programs authorized by the act.9 For appropriated amounts to the account—up the limit authorized for each fiscal year—the amounts are subtracted from any cost estimate for enforcing discretionary spending limits (i.e., the budget caps).

  • If the NIH Director determines that the funds for any of the four Innovation Projects are not necessary, the amounts may be transferred back to the NIH Innovation Account.

  • In effect, appropriations to the NIH Innovation Account as authorized by the Cures Act are not subject to discretionary spending limits.10 The NIH Director may transfer these amounts from the NIH Innovation Account to other NIH accounts, but only for the purposes specified in the Cures Act.

  • All amounts authorized by the Cures Act have been fully appropriated to the Innovation Account from FY2017 to FY2020, including $492 million for FY2020.

  • The eligible activities and proposed allocation plan are contingent upon the Innovation Account funds being appropriated each year at the levels authorized.

  • Consequently, FDA’s proposed allocation does not spread the Innovation Account funds across all eligible sections.

  • Rather than allocate potential innovation funds across all eligible provisions, FDA leadership identified a set of principles to prioritize those projects/activities that fall within subtitles and sections identified in the Cures Act as eligible for Innovation Account funds.

  • As a final step, the proposals were reviewed and prioritized collectively to ensure the total proposed allocations did not exceed the annual Innovation Account amounts authorized to be appropriated from FY 2017 - FY 2025.

  • The resulting work plan (Appendix A) provides the list of subtitles and sections for which Innovation Account funds could be allocated, if appropriated on a yearly basis, and includes a description of the necessary work and justification for the proposed allocation of funds.

  • However, the full list of Cures Act Title III activities eligible for Innovation Account funds is included as part of the work plan (Appendix A).

Related to Innovation Account

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Administration Account As defined in Section 7.02.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

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

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) may be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

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

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.