Program Account Definition: 137 Samples | Law Insider (2024)

Program Account

means the account in the name of the Governmental Unit established pursuant to the Indenture and held by the Trustee for the deposit of the net proceeds of the Loan Agreement for disbursal to the Governmental Unit for payment of the costs of the Project.

Program Account

means a budget account that receives and obligates appropriations to cover the subsidy cost of a direct loan or loan guarantee and disburses the subsidy cost to the financing account. Program accounts usually receive a separate appropriation for administrative expenses.

Examples of Program Account in a sentence

  • Each Conditional Agree- ment shall contain a provision that the Program Account or Grant Account shall be funded in advance of execution of the Standby Support Contract and in the following manner, subject to the conditions of paragraphs (d) and (e) of this section.

  • The additional fee will be paid from the Restricted General Fund—After School Education and Safety Program, Account No. 459.

  • Any additional revenues received and deposited into the Attorney General Volunteer Advocate Program Account No. 5036 are hereby appropriated to the Office of the Attorney General for the same purpose.

  • The following load, withdrawal, and purchasing limits will apply for use of your Account:Please note: If a VIP level is made available within the Program, Account holders may be eligible for VIP status at the sole and absolute discretion of Sightline.

  • The funds necessary to satisfy debits in your securities account will be drawn from your account in the following order: (i) free credit balances in your brokerage account (if any); (ii) balances in your money fund (if any); and (iii) amounts in The Program Account.


More Definitions of Program Account

Program Account

means the account in the name of the Governmental Unit established pursuant to the Indenture and held by the Trustee for the deposit of the net proceeds of this Loan Agreement for disbursal to the Governmental Unit for payment of the costs of the Project.

Program Account

means a separate account maintained for each participant reflecting applicable contributions, applicable forfeitures, investment income or loss as well as administrative and investment expenses allocated to each participant and distributions paid from the account.[PL 2015, c. 352, §1 (NEW).]

Program Account

means the account by that name established by Section 301 of the Master Trust Indenture.

Program Account

means such account identified by Administrative Agent in writing.

Program Account

means the account set forth in Section 9 hereof.

Program Account

means an individual participating trust account established pursuant to the program.

Program Account

means the unfunded bookkeeping account maintained by the Company on behalf of each Non-Employee Director to which the Non-Employee Director’s Stock Units shall be credited.

Program Account Definition: 137 Samples | Law Insider (2024)
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