Linked Deposit Program definition

Linked Deposit Program means the Empire State Development Linked Deposit Program, in which the Lender is, as of the date hereof, a participant.
Linked Deposit Program means the Wastewater Treatment Facilities Construction Assistance Act Linked Deposit Program to promote loans by eligible financial institutions for the construction, rehabilitation, and enhancement of nonpoint source control systems for public or private owners.
Linked Deposit Program means the statutorily authorized programs administered by OST that is divided into three programs: The Agricultural Linked Deposit Program (2 O.S.2001, §§1761 et seq.), the Small Business Linked Deposit Program (62 O.S.2001, §§88.1 et seq.), and the Rural and Affordable Housing Linked Deposit Program (62 O.S. Supp. 2002, §§91.1 et seq.). Portions of these programs are funded using Certificates of Deposit placed in State Banks by OST for typically one or two years. More detailed information may be obtained by contacting OST’s Linked Deposit department.

Examples of Linked Deposit Program in a sentence

  • In addition to collateral permitted for investments, collateral for deposits made with banks participating in the State's Excelsior Linked Deposit Program shall, subject to the discretion of the Commissioner of Taxation and Finance with confirmation to the Authority, include obligations permitted under Section 105 of the State Finance Law.

  • Empire State Development may wish to publish press releases on companies assisted by the Linked Deposit Program.

  • Also, to the extent TOS issues more linked deposits to financial institutions in total due to the establishment of the Adoption Linked Deposit Program, the program would reduce the state’s investment earnings.

  • These loans are available through the Dam Safety Linked Deposit Program.

  • Oklahoma small businesses who qualify under the Oklahoma Small Business Linked Deposit Program must have less than 200 employees at the time of application or gross annual receipts of less than $4,000,000.

  • Davis-Bacon requirements only apply to projects that are considered treatment works and therefore will not apply to the proposed Linked Deposit Program.

  • Under “jobs saved”, only include employees who will not lose their jobs because of business decisions made by your company as a result of a lower interest rate loan obtained under the Oklahoma Small Business Linked Deposit Program.

  • The State Treasurer shall establish a Linked Deposit Program to increase the availability of reduced-rate loans to certain small businesses owned and operated in this State.2. The State Treasurer may invest in reduced-rate certificates of deposit with qualified lending institutions upon acceptance of a loan package pursuant to this section and section 17 of this act.

  • The applicant (borrower) must make application for the loan to a participating lender, and the lender will complete and send the LDP application to the Linked Deposit Program Office of Empire State Development (ESD).

  • It is understood and applicant hereby agrees that, by completing this application process, all applicable provisions of the Oklahoma Small Business Linked Deposit Program regarding eligible institutions will be met.


More Definitions of Linked Deposit Program

Linked Deposit Program means a program established by the 19 Administration whereby a linked deposit is placed with a lender based on the
Linked Deposit Program means a program authorized under section 135.61 and sections 135.70 to 135.71 of the Revised Code and established by the treasurer of state pursuant to those sections.
Linked Deposit Program means the New York State Excelsior Linked Deposit Program whereby interest on loans for specified borrowers is reduced in consideration for deposits maintained with the Bank by the State of New York.
Linked Deposit Program shall have the same meaning as in sections 135.62 and 135.70 of the Revised Code.

Related to Linked Deposit Program

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Individual account program means the defined contribution individual account program of

  • WOSB Program Repository means a secure, Web-based application that collects, stores, and disseminates documents to the contracting community and SBA, which verify the eligibility of a business concern for a contract to be awarded under the WOSB Program.

  • Assumed Deposits means Deposits.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;