Current through Register Vol. XLI, No. 50, December 13, 2024
Section 44-2-2 - DefinitionsExcept where the context indicates otherwise, the following terms as used in these rules shall have the meanings ascribed to them in W. Va. Code '22C-1.
2.1. General definitions. 2.1.1. The "Act" means W. Va. Code '22C-1.2.1.2. The "Authority" means the West Virginia Water Development Authority, as provided for by W. Va. Code '22C-1.2.1.3. "Applicant" means a governmental agency which applies for a loan or grant pursuant to the provisions of Section 3 or Section 4 of these rules.2.1.4. The terms "Cost," "Governmental Agency" and "Water Development Project" as used in Section 3 and Section 4 of these rules, shall have the meanings ascribed to them in the Act.2.1.5. "Grant" means a grant made by the Authority to an applicant pursuant to Section 3 of these rules.2.1.6. "Grant Agreement" means an agreement entered into between the Authority and the applicant pertaining to a grant and as more particularly described in Section 3.6 of these rules.2.1.7. "Loan" means a loan made by the Authority to an applicant pursuant to Section 4 of these rules.2.1.8. "Loan Agreement" means an agreement entered into between the Authority and the applicant pertaining to a loan and as more particularly described in Section 4.7 of these rules.