Misapplication of Funds definition

Misapplication of Funds. Borrower has applied funds provided by Lender for purposes other than those authorized by Lender.

Examples of Misapplication of Funds in a sentence

  • Misapplication of Funds: Any alleged deliberate use of funds, assets or property not authorized or provided for by legislation or regulations, grants, or contracts.

  • FATCA 36 ARTICLE V NEGATIVE COVENANTS 36 Section 5.1. Liens on the Collateral 36 Section 5.2. Transfer; Prohibited Change of Control 36 Section 5.3. Debt 36 Section 5.4. Dissolution; Merger or Consolidation 36 Section 5.5. Misapplication of Funds 37 Section 5.6. Jurisdiction of Formation; Name 37 Section 5.7. Modifications and Waivers 37 Section 5.8. ERISA 37 Section 5.9. Alterations and Expansions 37 Section 5.10.

  • Misapplication of Funds Collected for Specific Purposes.--Whenever any moneys are collected by law in any county for any special purpose and paid into the hands of the treasurer of the county, it shall be unlawful for such treasurer to apply such moneys or any part thereof to any other purpose than that for which such moneys were collected.

  • The company is working very closely with DuocUC in order to establish these programs.

  • Misapplication of Funds: Any use of funds, assets, or property not authorized or provided for in the grant or contract.

  • Misapplication of Funds Collected for Specific Purposes.--Whenever any moneys are collected by law in any county for any special purpose, and paid into the hands of the treasurer of such county, it shall be unlawful for such treasurer to apply such moneys, or any part thereof, to any other purpose than that for which such moneys were collected.

  • Operating Lease 67 Section 6.1. Liens on the Collateral 67 Section 6.2. Ownership 67 Section 6.3. Transfer; Change of Control 67 Section 6.4. Debt 67 Section 6.5. Dissolution; Merger or Consolidation 67 Section 6.6. Change in Business 68 Section 6.7. Debt Cancellation 68 Section 6.8. Affiliate Transactions 68 Section 6.9. Misapplication of Funds 68 Section 6.10.

  • Johan WICHERS noted that these comments were addressed with the exception of those from the Netherlands.

  • Encumbered Property Defaults 78 Section 6.1. Liens on the Properties 78 Section 6.2. Ownership 78 Section 6.3. Transfer 79 Section 6.4. Debt 80 Section 6.5. Dissolution; Merger or Consolidation 80 Section 6.6. Change In Business 80 Section 6.7. Debt Cancellation 80 Section 6.8. Affiliate Transactions 81 Section 6.9. Misapplication of Funds 81 Section 6.10.

  • RKB Capital Call 60 Section 6.1. Liens on the Properties 60 Section 6.2. Ownership 60 Section 6.3. Transfer 61 Section 6.4. Debt 61 Section 6.5. Dissolution; Merger or Consolidation 61 Section 6.6. Change In Business 61 Section 6.7. Debt Cancellation 61 Section 6.8. Affiliate Transactions 61 Section 6.9. Misapplication of Funds 61 Section 6.10.

Related to Misapplication of Funds

  • Fund of Funds means a registered investment company or series of a Fund which is managed and administered by Service Company and which invests substantially all of its assets in shares of two or more Funds (or series thereof).

  • Special Purpose Provisions has the meaning specified in Section 11.02 of the LLC Agreement.

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • REIT Provisions of the Code means Sections 856 through 860 of the Code and any successor or other provisions of the Code relating to real estate investment trusts (including provisions as to the attribution of ownership of beneficial interests therein) and the regulations promulgated thereunder.

  • Political purposes means an act done with the intent or in a way to influence or tend to influence, directly or indirectly, any person to refrain from voting or to vote for or against any candidate or a person seeking a municipal office at any caucus, political convention, or election.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Available government assistance means any governmental rental or housing payment benefits available to the individual or any household member.

  • Cost of Funds means, with respect to a Loan in an Alternative Currency, the actual cost to a Lender of funding or maintaining such Loan in the applicable currency from whatever source it may reasonably select for the relevant Interest Period.

  • Self-Administration of Medication means the individual manages and takes his or her own medication, identifies his or her medication and the times and methods of administration, places the medication internally in or externally on his or her own body without staff assistance upon written order of a physician, and safely maintains the medication without supervision.

  • freezing of funds means preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;

  • Due-on-sale clause The clause in a Security Instrument requiring the payment of the Unpaid Principal Balance of the related Mortgage Loan upon the sale of, or the transfer of an interest in, the related Mortgaged Property.

  • Agency or instrumentality of the government of Venezuela means an agency or instrumentality of a foreign state as defined in section

  • Political purpose means any activity undertaken in support of or in opposition to the

  • Account Information means any information relating to the Account including without limitation to the Account number, Account balance or value, gross receipts, withdrawals and payments to or from the Account.

  • Government purpose rights means the rights to—

  • Use of Proceeds means the use of funds derived by an organization from its charitable gaming activities which are disbursed for those lawful religious, charitable, community or educational purposes. This includes expenses relating to the acquisition, construction, maintenance or repair of any interest in the real property involved in the operation of the organization and used for lawful religious, charitable, community or educational purposes.

  • Misadministration means the administration of:

  • Chain of custody means the methodology of tracking specimens for the purpose of maintaining control and accountability from initial collection to final disposition of the specimens and providing for accountability at each stage of collecting, handling, testing, storing, and transporting the specimens and reporting test results.

  • Public moneys means all moneys belonging to, received by, or held by, the state, or any city, county, town, district, or public agency therein, or by an officer thereof acting in his or her official capacity, and includes the proceeds of all bonds and other evidences of indebtedness, trust funds held by public pension and retirement systems, deferred compensation funds held for investment by public agencies, and public moneys held by a financial institution under a trust indenture to which a public agency is a party.

  • Commercial Purposes means any commercial or profit generating purpose including the sale, lease of other transfer of the Material and includes uses of the Material by any organisation, including Recipient, to perform contract research, to produce or manufacture products for general sale, or to conduct research activities that result in any sale, lease, license, or transfer of the Material.

  • Administration of Medication means the act of placing a medication in or on an individual's body by a staff member who is responsible for the individual's care.

  • Government Servant means any person appointed by Government to any civil service or post in connection with the affairs of the Union & includes a civilian in a Defence service;

  • Government purpose means any activity in which the United States Government is a party, including cooperative agreements with international or multi-national defense organizations, or sales or transfers by the United States Government to foreign governments or international organizations. Government purposes include competitive procurement, but do not include the rights to use, modify, reproduce, release, perform, display, or disclose technical data for commercial purposes or authorize others to do so.

  • Administration of criminal justice means performance of any activity directly involving the

  • Description of Notes means the “Description of the Notes” section of the Final Offering Memorandum.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.