PROW Fund definition

PROW Fund means the fund to be established and funded by SZC Co in the amount of £[●] to be applied by the Rights of Way Working Group in accordance with this Schedule for the purpose of providing financial support for initiatives designed to improve the existing public rights of way network in East Suffolk and to mitigate any potential adverse effects on the existing public rights of way network that might arise from the Project; and
PROW Fund means the fund to be established and funded by SZC Co in the amount of
PROW Fund means the fund to be established and funded by SZC Co in the amount of£[●] to be applied by the Rights of Way Working Group in accordance with this Schedule for the purpose of providing financial support for initiatives designed to improve the existing public rights of way network in East Suffolk and to mitigate any potential adverse effects on the existing public rights of way network that might arise from the Project; and

Examples of PROW Fund in a sentence

  • Provision is also made for the payment of the PROW Fund to mitigate and enhance and create rights of way in East Suffolk, which will be managed by the Rights of Way Working Group established under this Schedule.

  • The Rights of Way Working Group are to be established to manage and administer the PROW Fund.

  • The PROW Fund is for the purpose of providing financial support for initiatives designed to improve the existing public rights of way network in East Suffolk and to mitigate any potential adverse effects on the existing public rights of way network that might arise from the Project, and so is considered to be for a legitimate planning purpose.

  • The size of the PROW Fund has regard to SZC Co's assessment of the Project's impact on the existing public right of way network and potential improvements to the same.

  • The Rights of Way Working Group shall manage and administer the PROW Fund.

  • In addition, the PROW Fund will provide a legacy benefit to users of the Public Rights of Way network in Suffolk.

  • Whilst the size of the PROW Fund is still to be finalised, SZC Co will seek to agree the size of the fund with key stakeholders.

Related to PROW Fund

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Indemnity Escrow Amount means $5,000,000.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Expense Account The account established pursuant to Section 10.3(c).

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • default fund means a default fund held by a CCP in accordance with Article 42 of Regulation (EU) No 648/2012;