Provisional Account definition
Examples of Provisional Account in a sentence
In addition, the following are deposited into Window 1: (a) any refunds from recipients, including the Trustee and Fund Office, regardless of the Window from which the funds were originally received, (b) any investment income generated by funds held in the CGIAR Fund, (c) the CSP amounts from Windows 2 and 3 and the Provisional Account, and (d) the Bilateral Portion of System Costs.
Designation 7 Designations can be either specific Centers for Window 3, specific subaccount-eligible CRPs for Window 2, or “Provisional” for the Provisional Account.
Provisional Account functionality on the basis set out in mind Part.
The Bonus will be payable on a quarterly basis in accordance with the standard bonus payment practices of the Company over a twelve (12) month period beginning with the next regularly scheduled bonus payment date following the Effective Date of this Agreement and continuing until the last payment is made.
The Trustee holds such funds without assigning to any Window until such time as a Funder requests that the amount it contributed to the Provisional Account be assigned to one or more Windows.
Designation 8 Designations can be either specific Centers for Window 3, specific subaccount-eligible CRPs for Window 2, or “Provisional” for the Provisional Account.
Funds in the Provisional Account are not available for allocation by the Fund Council or transfer to any recipients.
Funds in the Provisional Account shall not be available for allocation by the System Council or transfer to any recipients.
The Trustee holds such funds without any specific assignment until such time as a Fund Donor requests that a sum in the amount it contributed to the Provisional Account be assigned to one or more of the eligible designations.