Revenue Sharing Account definition

Revenue Sharing Account means the special account of the Borrower created under the TIFIA Refinancing Resolution.
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Revenue Sharing Account means the special account of the Borrower created under the RRIF Resolution.
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Revenue Sharing Account means the account established in the treasury for all sales and use tax revenue to be distributed on a quarterly basis pursuant to section 63-3638(10), Idaho Code.
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Examples of Revenue Sharing Account in a sentence

  • Empower established an Excess Revenue Sharing Account, that was invested in the Stable Value Fund, into which the estimated excess credits were deposited quarterly, pending final accounting within 60 days of year end.

  • Except for Permitted Liens, the Borrower shall not create, incur, assume or permit to exist any Lien (i) on the Pledged Taxes or the Borrower’s or the TIFIA Lender’s rights in respect thereof or (ii) on the TIFIA Debt Service Account, the TIFIA Reserve Account, the Revenue Sharing Account or any Construction Account.

  • Following the occurrence of a Revenue Sharing Trigger Event, on each Semi-Annual Payment Date while the Revenue Sharing Trigger Event remains in effect, the Borrower shall prepay the TIFIA Loan, in whole or in part, without penalty or premium, from amounts then on deposit in the Revenue Sharing Account.

  • Municipal Revenue Sharing Account – PA 15-244 requires a portion of the 6.35% rate be transferred to the Municipal Revenue Sharing Account to support various municipal grants beginning in October 2015.

  • IL SE PEUT QUE L’INSTALLATION DE CE LOGICIEL APPLE AFFECTE LA DISPONIBILITÉ ET LE BON FONCTIONNEMENT DE LOGICIELS XX XXXXXX PARTIE, D’APPLICATIONS OU DE SERVICES XX XXXXXX PARTIE, AINSI QUE DES PRODUITS ET SERVICES APPLE.

  • The new Municipal Revenue Sharing Account, funded from sales tax and hotel tax proceeds, was approved as part of the two year State budget and, if it remains in the State budget as finally approved, will provide new revenue of $1,893,412.

  • Following the occurrence of a Revenue Sharing Trigger Event, on each Semi-Annual Payment Date while the Revenue Sharing Trigger Event remains in effect, the Borrower shall prepay the TIFIA Loan in whole or in part, without penalty or premium, from amounts then on deposit in the Revenue Sharing Account.

  • Jim Higgins from London Witte Group, LLC presented their audit report of the financial statements of the Indiana Deferred Compensation Plan’s Revenue Sharing Account for the twelve months ended December 31, 2006 and the nine months ended December 31, 2005.

  • Local leaders should be wary that this program will result in relief as promised given that the state has abandoned various commitments in the past such as the original iteration of the Municipal Revenue Sharing Account, adequately reimbursing municipalities for the two PILOT programs, and the now entirely eliminated reimbursement for Manufacturing Machinery and Equipment, just to name a few.

  • Except as may be entitled to priority as a matter of law, the TIFIA Debt Service Account, the TIFIA Reserve Account, the Revenue Sharing Account and each Construction Account shall be free and clear of any Lien thereon or with respect thereto, and all corporate action on the part of the Borrower to that end has been duly and validly taken.

Related to Revenue Sharing Account

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

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

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

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

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

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

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.