Project Account definition

Project Account means the account referred to in Section 3.04 (a) of this Agreement;

Project Account means the Project Account of the Project Loan Fund established by the Fiscal Agent pursuant to Section 2.11 hereof.

Project Account means the book account, if any, established by the Finance Authority in the name of the Borrower/Grantee for purposes of tracking expenditure of the Loan/Grant Amount by the Borrower/Grantee to pay for the costs of the Project, as shown in the Term Sheet, which account shall be kept separate and apart from all other accounts of the Finance Authority.

Examples of Project Account in a sentence

• On or before the 30th day following the close of each calendar quarter that falls within the Term, Subrecipient shall submit an invoice to Project Monitor detailing all Project Account costs for the prior three calendar months, to the extent that the prior three calendar months fall within the Term, along with all supporting documentation and support therefor, as described in Paragraph 7 of this Subaward Contract.

• In the event that Grant Funds do not receive sufficient budget approval or appropriations, the Grantee shall be compensated pursuant to the terms of this Grant Contract for authorized Project Account costs charged against the Project Account prior to the date of termination according to the approved Project Budget.

• Upon receipt of such notice, Subrecipient shall immediately surrender to Project Monitor or Project Monitor’s designated representative any balance remaining in the Project Account.

• Grantee shall be compensated pursuant to the terms of this Grant Contract for authorized Project Account costs charged against the Project Account prior to the date of termination according to the approved Project Budget.

• Subrecipient shall be compensated pursuant to the terms of this Subaward Contract for authorized Project Account costs charged against the Project Account up to and including the date of termination according to the approved Project Budget.

More Definitions of Project Account

Project Account means the account referred to in Paragraph 5 of Schedule 4 to this Agreement;

Project Account means the account established pursuant to Section 6.01 (a) (i) of this Agreement;

Project Account means the account to be opened by the Borrower in accordance with the provisions of Section 6.01 of this Agreement for purposes of making available its counterpart contribution to the financing of the Project;

Project Account means the project account used for the Borrower’s counterpart financing for the Project, referred to in Section 3.03 of this Agreement.

Project Account means the account referred to in Section 6.01 of this Agreement, maintained by the Borrower in local currency and to be used for financing the Borrower’s contribution to Project expenditures;

Project Account means the Project Account established in Section 213 hereof.

Project Account means the account which is used for the purposes of carrying out the project, in the Funding Recipient’s name and which the Funding Recipient solely controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 to carry on banking business in Australia. The account must require two signatures for its operation; Project Material: means any material brought into existence as part of, or for the purpose of, the project;