UST Funds definition

UST Funds shall have the meaning specified in Section 9(a) hereof.
Sample 1
UST Funds shall have the meaning set forth in Section 3.22.
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UST Funds and “UST Systems” have the meanings set forth in Section 3.8(a).
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Examples of UST Funds in a sentence

  • Indemnification; Choice of Law; Assignment; and Changes to these Terms.

  • Whether North Carolina moves toward private insurance for UST cleanups or retains the state UST Funds, a stronger enforcement program could reduce the number of new releases and lower the costs of cleanup.

  • In doing so, it can put an end date on the State’s financial commitment to cleanup of petroleum releases from USTs. A workable transition would likely require many of the same elements that have made the transition to private insurance work in other states:11 A Transition Period Given the importance of the UST Funds to tank owners and the unfamiliarity of private insurance, an immediate transition would likely be impractical.

  • Meeting Financial Assurance Needs in North Carolina Over the last two years, North Carolina’s UST Funds have experienced the same kind of gap between fund revenues and claims seen in many other states.

  • Building Repairs, Maintenance and Operations: Museum FacilitiesPlanned, executed, directed and/or supervised through a team of the Division Architects, Engineers, researchers, and technicians, maintenance and /or repairs of the building systems and electro – mechanical facilities in the areas as follows:• Old Congress Building/NAG:a.

  • The large infusion of revenue in 2004 addressed the backlog of unpaid claims, but did not eliminate the fundamental gap between revenue going into the UST Funds and demands against the UST Funds.

  • Various parties unrelated to US Trust provide custodial, transfer agent, recordkeeping, and other Secondary Services to the UST Funds.

  • For its services as investment adviser to the UST Funds, UST New York is entitled to receive certain advisory fees from the UST Funds, as set out in the prospectuses, currently ranging from approximately 0.25 percent to 1.0 percent of the Funds’ daily average assets under management, prior to certain voluntary fee waivers.

  • Based on the results of each health screening, faculty and staff (and all community members) will be provided instructions on next steps, which may include testing, isolation and quarantining.

  • Recommendations Recommendation from the Office of the Ombudsman to resolve the issue and to prevent the issue in the future include: • A request for a review of the UST Fund program’s statue and administrative rules to see if UST Funds can be used to pay the contractor directly for the services completed, with the added option for the Board to inquire if another debt offset could be used against theclaimant to compensate the UST fund.


More Definitions of UST Funds

UST Funds has the meaning set forth in Section 1.1(k).
Sample 1

Related to UST Funds

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.

  • Reserve Funds means, collectively, the Tax and Insurance Reserve Fund, the Replacement Reserve Fund, the Required Repair Fund, the Rollover Reserve Fund, the Ground Lease Reserve Fund, the Excess Cash Flow Reserve Fund and any other escrow fund established by the Loan Documents.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

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

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Separate Accounts means the accounts which are to be prepared for each

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Escrow Accounts means a SEK bank account and/or EUR bank account and/or a NOK bank account opened by the Arranger with a reputable bank on which the proceeds from the Bond Issue will be held until the Conditions Precedent for Disbursement have been fulfilled.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

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

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

  • Eligible Funds On any Distribution Date, the portion, if any, of the Available Distribution Amount remaining after reduction by the sum of (i) the aggregate amount of Accrued Certificate Interest on the Senior Certificates, (ii) the Senior Principal Distribution Amount (determined without regard to Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P Principal Distribution Amount (determined without regard to Section 4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate amount of Accrued Certificate Interest on the Class M, Class B-1 and Class B-2 Certificates.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).