LIP Funds definition

LIP Funds shall have the meaning given in Section 4.03(c).
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LIP Funds has the meaning given in Section 2.07(a).
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Examples of LIP Funds in a sentence

  • No funds from any other source (other than interest or earnings on the LIP Funds) shall be commingled in the LIP Account.

  • The complete list of STCs as approved by Federal CMS on December 15, 2011, for the period December 16, 2011 to June 30, 2014, are posted on the Agency’s website at the following link: http://ahca.myflorida.com/Medicaid/medicaid_reform/pdf/CMS_STCs_and_Authorities_12-15- 2011.pdf STC #52 – LIP Funds Distributed – All LIP funds must be expended by June 30, 2014.

  • Interest and earnings on the LIP Funds and the final distribution of cash remaining upon the liquidation of the LIP Account (the “Final LIP Distribution”) shall be distributed 80% to the Participant and 20% to the Company along with the Participant’s Share and the Company’s Share of Loan Proceeds (in accordance with Section 4.01) for the month in which the LIP Account is liquidated.

  • Newly Amended STC #75 – LIP Funds Distributed – All LIP funds must be expended by June 30, 2014.

  • On the date that is one (1) year after the Effective Date, unless otherwise agreed by the parties, the LIP Account shall be liquidated (and no further Authorized Funding Draws may be made on or after such date), and all remaining LIP Funds then on deposit in the LIP Account, including all interest and earnings thereon, shall be distributed.

  • On the date that is the last date on which Authorized Funding Draws are permitted to be made pursuant to the Loan Documents, unless otherwise agreed by the parties, the LIP Account shall be liquidated (and no further Authorized Funding Draws may be made on or after such date), and all remaining LIP Funds then on deposit in the LIP Account, including all interest and earnings thereon, shall be distributed.

  • Interest and earnings on the LIP Funds and the final distribution of cash remaining upon the liquidation of the LIP Account (the “Final LIP Distribution”) shall be distributed 80% to Participant and 20% to the Company along with Participant’s Share and the Company’s Share of Loan Proceeds (in accordance with ) for the month in which the LIP Account is liquidated.

  • Interest and earnings on the LIP Funds and the final distribution of cash remaining upon the liquidation of the LIP Account (the “Final LIP Distribution”) shall be distributed eighty percent (80%) to Participant and twenty percent (20%) to the Company along with Participant’s Share and the Company’s Share of Loan Proceeds (in accordance with Section 4.01) for the month in which the LIP Account is liquidated.

  • The newly amended STCs effective June 14, 2013, for the period December 16, 2011 to June 30, 2014, are posted on the Agency’s website at the following link: http://ahca.myflorida.com/Medicaid/statewide_mc/index.shtml#FCA Newly Amended STC #75 – LIP Funds Distributed – All LIP funds must be expended by June 30, 2014.

Related to LIP Funds

  • Fresh Funds means funds that:

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Armada Funds entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Shareholders or representatives of the Trust personally, but bind only the Trust Property, and all persons dealing with any class of shares of the Trust must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Trust.

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Trust Funds means any cash or Permitted Investments comprised of (a) funds specially and exclusively used (i) for payroll and payroll taxes and other employee benefit payments to or for the benefit of employees of Loan Parties and their subsidiaries, (ii) to pay all taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof)) and (b) any other funds which any Loan Party holds on behalf as an escrow or fiduciary for another person (other than another Loan Party).

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

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

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Activity funds means all funds received by school officials

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Public funds means money belonging to the government.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Escrow Cash is defined in Section 4.1(a).

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Maximum Funds means the maximum Funds set out in Schedule “B”.

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

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