Interest earnings definition

Interest earnings means the total interest earnings generated by the IREBEA at each individual financial institution.
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Interest earnings means the amount credited to a Participant’s Deferral Account each month under Section 4.2.
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Interest earnings. As set forth in the Measure D Ordinance, agencies implementing the Expenditure Plan projects may accumulate revenue over multiple years so that sufficient funding is available for larger and long-term projects. Any interest income earned on funds allocated pursuant to the Measure D ordinance or this AGREEMENT shall be expended only for the purposes for which the funds were allocated. a. Interest earnings on must be spent on the eligible uses defined in the Measure D Expenditure Plan, Ordinance, and “Guidelines.” b. Beginning in FY 18/19, each recipient agency shall estimate annual interest earnings and reflect these earnings in their 5-Year Program of Projects. c. The expenditure of interest earnings according to this policy will be included in the annual audit required by the Measure D Ordinance.
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Examples of Interest earnings in a sentence

  • Interest earnings and investment gains will be: • Proportionately allocated to the CCBF when applicable; and • Applied to Eligible Expenditures for Eligible Projects.

  • Financial information – and particularly: • Interest earnings and investment gains – in accordance with Section 5.7; • Proceeds from the disposal of assets – in accordance with Section 12.1; • Outgoing transfers – in accordance with Sections 5.3 and 5.4; • Incoming transfers – in accordance with Section 5.3; and • Amounts paid – in aggregate for Eligible Expenditures on each Eligible Project.

  • Interest earnings and profits resulting from such investment and deposit shall be retained in the Special Tax Fund to be used for the purposes thereof.

  • Interest earnings and profits resulting from said investment shall be retained by the Fiscal Agent in the Costs of Issuance Fund to be used for the purposes of such fund.

  • Interest earnings on Simulated Investment Number Two shall be determined pursuant to the method set forth in Section 2.1 hereof.

  • Interest earnings and profits resulting from said investment shall be retained in the Administrative Expense Fund to be used for the purposes of such fund.

  • Interest earnings and profits resulting from such investment and deposit shall be retained in the Bond Fund to be used for the purposes of such fund.

  • Interest earnings on amounts held in each account will be retained in that account, except as otherwise permitted or required under the Arena Facility Agreements.

  • Interest earnings thereon shall be retained by the City for the City’s own use.

  • Interest earnings and profits resulting from the investment and deposit of amounts in the Bond Fund shall be retained in the Bond Fund.