Fund Restrictions Sample Clauses

The Fund Restrictions clause sets specific limitations on how the assets or capital within a fund may be used or invested. Typically, it outlines prohibited investments, sectors, or activities, and may impose caps on certain types of holdings or require compliance with regulatory or ethical standards. By clearly defining these boundaries, the clause helps ensure that the fund operates within agreed-upon risk parameters and aligns with the expectations of investors or regulatory bodies, thereby reducing the risk of misuse or misallocation of fund resources.
Fund Restrictions. A. Monies deposited into the CRR Fund by the WCID shall be used for the purpose of paying Non-Budgeted CRR Costs, including repayment of any GBRA CRR Payment, together with accrued interest. B. The balance of monies deposited into the CRR Fund in excess of $750,000 may be used by the WCID for the payment of the Budgeted CRR Cost Requirement or any lawful purpose. C. All monies deposited into the Hydro Fund by the WCID up to $500,000 shall be used in accordance with Section 5.6. D. GBRA shall deposit, as collected, that portion of the Annual WCID Payment that represents the Debt Service Requirement into the appropriate Debt Service Fund as required by the resolution or indenture of trust authorizing the Bonds. All monies deposited into such Debt Service Fund shall be used only for the purpose of paying the debt service on the Bonds or establishing, replenishing or maintaining the funds established by the resolution or indenture of trust authorizing the Bonds. E. GBRA shall deposit, as collected, that portion of the Annual WCID Payment that represents the Operating and Maintenance Requirement into the Lake ▇▇▇▇▇▇▇▇▇ Operating Fund. All monies deposited into the Lake ▇▇▇▇▇▇▇▇▇ Operating Fund shall be used for the purpose of paying the Operation and Maintenance Expenses only. F. GBRA shall deposit, as collected, that portion of the Annual WCID Payment that represents the Budgeted CRR Requirement into the Lake ▇▇▇▇▇▇▇▇▇ Capital Repair and Replacement Fund. All monies deposited into the Lake ▇▇▇▇▇▇▇▇▇ Capital Repair and Replacement Fund shall be used for the purpose of paying the Budgeted CRR Costs only.
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Related to Fund Restrictions

  • Dividend Restrictions No subsidiary of the Company is prohibited or restricted, directly or indirectly, from paying dividends to the Company, or from making any other distribution with respect to such subsidiary’s equity securities or from repaying to the Company or any other subsidiary of the Company any amounts that may from time to time become due under any loans or advances to such subsidiary from the Company or from transferring any property or assets to the Company or to any other subsidiary.

  • Ownership and Restrictions 4.1 You retain all ownership and intellectual property rights in and to Your Content and Your Applications. Oracle or its licensors retain all ownership and intellectual property rights to the Services, including Oracle Programs and Ancillary Software, and derivative works thereof, and to anything developed or delivered by or on behalf of Oracle under this Agreement. 4.2 You may not, and may not cause or permit others to: a) remove or modify any program markings or any notice of Oracle’s or its licensors’ proprietary rights; b) make the programs or materials resulting from the Services (excluding Your Content and Your Applications) available in any manner to any third party for use in the third party’s business operations (unless such access is expressly permitted for the specific Services You have acquired); c) modify, make derivative works of, disassemble, decompile, reverse engineer, reproduce, distribute, republish or download any part of the Services (the foregoing prohibitions include but are not limited to review of data structures or similar materials produced by programs), or access or use the Services in order to build or support, and/or assist a third party in building or supporting, products or Services competitive to Oracle; d) perform or disclose any benchmark or performance tests of the Services, including the Oracle Programs; e) perform or disclose any of the following security testing of the Services Environment or associated infrastructure: network discovery, port and service identification, vulnerability scanning, password cracking, remote access testing, or penetration testing; and f) license, sell, rent, lease, transfer, assign, distribute, host, outsource, permit timesharing or service bureau use, or otherwise commercially exploit or make available the Services, Oracle Programs, Ancillary Software, Services Environments or Oracle materials to any third party, other than as expressly permitted under the terms of the applicable order.

  • Limitations and Restrictions Deduction of Rollovers and Transfers – A deduction is not allowed for rollover or transfer contributions.

  • Prohibitions and Restrictions The provisions of this Agreement shall not in any way limit the right of either Contracting Party to apply prohibitions or restrictions of any kind or take any other action which is directed to the protection of its essential security interests, or to the protection of public health or the prevention of diseases and pests in animals or plants.

  • License and Restrictions (a) Subject to the terms of this Agreement, we hereby grant you a limited, personal, revocable, nonexclusive, non sublicensable, non assignable, non transferable, non resellable license and right to use the Service. (b) You acknowledge and agree that any and all intellectual property rights (the “IP Rights”) in the Service are and shall remain the exclusive property of us. Nothing in this Agreement intends to or shall transfer any IP Rights to, or to vest any IP Rights in, you. You are only entitled to the limited use of the rights granted to you in this Agreement. You will not take any action to jeopardize, limit or interfere with the IP Rights. You acknowledge and agree that any unauthorized use of the IP Rights is a violation of this Agreement, as well as a violation of applicable intellectual property laws. You acknowledge and understand that all title and rights in and to any third party content that is not contained in the Service, but may be accessed through the Service, is the property of the respective content owners and may be protected by applicable patent, copyright, or other intellectual property laws and treaties. (c) You agree not to sell, assign, rent, lease, distribute, export, import, act as an intermediary or provider, or otherwise grant rights to third parties with regard to the Service or any part thereof without our prior written consent. (d) You agree not to undertake, cause, permit or authorize the modification, creation of derivative works, translation, reverse engineering, decompiling, disassembling or hacking of the Service or any part thereof. You agree not to intercept, capture, emulate, or redirect the communications protocols used by us for any purpose, including without limitation causing the Service to connect to any computer server or other device not authorized by us. (e) We reserve the right to add or delete features or functions, or to provide programming fixes, updates and upgrades, to the Service. You acknowledge and agree that we have no obligation to make available to you any subsequent versions of the Service. You also agree that you may have to enter into a renewed version of this Agreement if you want to download, install or use a new version of the Service. (f) We have no obligation whatsoever to furnish any maintenance and support services with respect to the Service, and any such maintenance and support services provided will be provided at our discretion. (g) You grant to us a nonexclusive, perpetual, non-revocable, royalty free license to use, retain, and share any information transmitted through the Service by you, including, your location, device-based location information, account numbers, name, date, account amount, and endorsements solely for the purpose of providing the Services. This license shall survive termination of this Agreement for such period as necessary for us to provide the Services, comply with the law, or comply with an internal guidelines or procedures.