Cash Match Sample Clauses

Cash Match. A. Each fiscal year the Program will pay to State, no less than quarterly and in advance, upon receipt of an invoice from the State, all those cash matching funds which are identified within the Program Budget Summary for that fiscal year. The State shall not be obligated to pay the Contractor for any contributions made by the Program in accordance with the approved budget, it being understood that all matching funds obtained by the State from the Program shall be exclusive funds of the State and no portion of the cash match shall come from Federal funds.
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Cash Match. As a condition of receiving the Grant, the Grantee must contribute a cash match of <<Approved Match>>% of the Total Project amount, as determined by the scoring of the grant application of this Grant Agreement (“Cash Match”). Up to 50% of the Cash Match, under G.S. §143B-1373(j), may be comprised of third-party funding and other grant programs but may not be derived from Universal Service Fund, Connect America Fund, or other grants awarded for broadband expansion through a separate State or federal program. Expenditures that DIT, in its sole discretion, determines are not eligible for Grant funding may not be counted toward the Cash Match. All Cash Match funds shall be expended on costs eligible for Grant funding pursuant to the Payment Schedule as specified in Exhibit B.
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Cash Match. A minimum of $300,000 (10 percent of the Grant total funding) must be a cash commitment by the Grantee (exclusive of providing in-kind contributions). “Cash match” for the purposes of the Trade-Up Pilot Project means funds contributed by the Grantee to fund the purchase or servicing of equipment, or other aspects of the project; and
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Cash Match o Provide a cash-match to this program in-kind or cash in the amount identified in outputs/outcomes; evidence of the value of the cash match or in-kind must be included with invoicing.
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Cash Match. In the event Retiree or spouse fails to remit his or her premium cash match to the Township’s contribution, the Township shall have the option to terminate eligibility to participate in the aforesaid Township group contracted plan(s).
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Cash Match. As a condition of receiving the Grant, the Grantee must contribute a cash match of 30% of the Total Project amount, as determined by the scoring of the grant application of this Grant Agreement (“Cash Match”). Up to 50% of the Cash Match, under G.S. §143B-1373(j), may be comprised of third-party funding and other grant programs but may not be derived from Universal Service Fund. Expenditures that DIT, in its sole discretion, determines are not eligible for Grant funding may not be counted toward the Cash Match. All Cash Match funds shall be expended on costs eligible for Grant funding pursuant to the Payment Schedule as specified in Exhibit B.
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Related to Cash Match

  • Cash Management (a) Borrowers shall (i) establish and maintain cash management services of a type and on terms satisfactory to Agent at one or more of the banks set forth on Schedule 2.7(a) (each a "Cash Management Bank"), and shall request in writing and otherwise take such reasonable steps to ensure that all of its Account Debtors forward payment of the amounts owed by them directly to such Cash Management Bank, and (ii) deposit or cause to be deposited promptly, and in any event no later than the first Business Day after the date of receipt thereof, all Collections (including those sent directly by Account Debtors to a Cash Management Bank) into a bank account in Agent's name (a "Cash Management Account") at one of the Cash Management Banks.

  • Overdraft In the event that the Custodian is directed by Proper Instructions to make any payment or transfer of funds on behalf of a Fund for which there would be, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund, the Custodian may, in its discretion, provide an overdraft ("Overdraft") to the Fund (such Fund being referred to herein as an "Overdraft Fund"), in an amount sufficient to allow the completion of such payment or transfer. Any Overdraft provided hereunder: (a) shall be payable on the next Business Day, unless otherwise agreed by the Overdraft Fund and the Custodian; and (b) shall accrue interest from the date of the Overdraft to the date of payment in full by the Overdraft Fund at a rate agreed upon in writing, from time to time, by the Custodian and the Overdraft Fund. The Custodian and the Funds acknowledge that the purpose of such Overdrafts is to temporarily finance the purchase or sale of securities for prompt delivery in accordance with the terms hereof. The Custodian hereby agrees to notify each Overdraft Fund by 3:00 p.m., New York time, of the amount of any Overdraft. Provided that Custodian has given the notice required by this subparagraph (f), the Funds hereby agree that, as security for the Overdraft of an Overdraft Fund, the Custodian shall have a continuing lien and security interest in and to all interest of such Overdraft Fund in Securities whose purchase is financed by Custodian and which are in Custodian's possession or in the possession or control of any third party acting on Custodian's behalf and the proceeds thereof. In this regard, Custodian shall be entitled to all the rights and remedies of a pledgee under common law and a secured party under the New York Uniform Commercial Code and any other applicable laws or regulations as then in effect."

  • Multiple Accounts 3.2.1 Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):

  • Deposits of Financing Amounts Except as the Association may otherwise agree:

  • Special Accounts 1. For the purposes of this Schedule:

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

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