Grant Distribution Sample Clauses

Grant Distribution. Notification to eligible applicants regarding the amount they have been awarded for the FIRST grant distribution will be made no later than January 22, 2024, and will be applied by the end of that month. • Notification to eligible applicants regarding the amount they have been awarded for the SECOND grant distribution will be made no later than April 23, 2024, and will be applied by the end of that month. • XX XXXXX FUNDS HAVE NO CASH VALUE AND CAN ONLY BE APPLIED TO PLAYER DUES FOR THE CURRENT SEASON • The initial deposit and any other payments made throughout the season WILL NOT BE REFUNDED TO THE PLAYER, PLAYER’S PARENT, OR DONOR FROM THE GRANT DISTRIBUTION. Any overage inadvertently created by a grant distribution will be returned to the general AJV Scholarship Fund to be redistributed to other players in need through general scholarship awards. • Grant distributions can ONLY BE APPLIED TO INDOOR CLUB PLAYER DUES • Grant distributions CANNOT BE APPLIED to tournament entry fees, camps, clinics, leagues, or other programs. NO EXCEPTIONS!!
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Grant Distribution. The Subrecipient and OBO agree that the funds will be distributed in accordance with the Subrecipient Funding Disbursement Policies (Exhibit D).
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Grant Distribution. MWMO agrees to disburse the Grant Funds to Grantee in accordance with this section.
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Grant Distribution. TCC shall provide a Grant (“Grant”) to the Filmmaker in the amount of $ in recognition of being chosen the place submission. All grants shall be paid within 30 days after the Conditions Precedent in section II above are satisfied.
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Grant Distribution. The Spending Policy is intended to ensure that distributions are consistent with a donor’s intent when that donor has specified limitations on distributions from a fund. Any such limitations must be specified at the time the fund is established. Please indicate your distribution limitations below: I would like a payout of %. Fund is quasi-endowment, which means may not last forever. Grants will be made in a manner to ensure permanent endowment according to GECF spending policy. Fund is a non-endowed fund meaning 100% of fund can be granted out. No grants shall be made until the fund reaches $
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Grant Distribution. Donors may, at the time they create a fund, recommend that the fund be managed as a permanent endowment, quasi endowment, or a non-endowed fund. Donors may also recommend a payout percentage or follow the GECF spending policy. Donors may also specify that no grants be made until the fund reaches a certain dollar amount. All grants from donor funds are subject to the Community Foundation’s variance power as noted above. The grant allocation will be made each January once the fund has achieved a minimum balance of $25,000 and achieved four quarters of earnings. The amount of the grant allocation will be the average of the prior 3-years ending fund balances, or the number of years that the fund has been in existence if less than 3 years, multiplied by the spending policy that is specified in the fund agreement. In the event of a decline of fund values due to market downturn or other factors, subsequent earnings will first be applied to restore the principal of the fund.
Sample 1
Grant Distribution. Before receiving any incentive monies, applicants will need to submit a finalized hotel room night pick-up report or room night written verification from any utilized Chesapeake lodging property or properties listing the total room pick-up. Additionally, applicants will be required to submit a copy of all eligible invoices and receipts and proof of payment of eligible expenses within 90 days of the end date of the pre-approved meeting or event. If you do not provide verification, your rebate will be forfeited. Rebates will only be issued after the event has occurred and all required documentation has been submitted and verified. Reimbursement will be calculated based on the number of Chesapeake hotel rooms and the total amount of eligible invoices and receipts submitted (up to the maximum award allowed). Funds will be dispersed by check to the host organization once their final packet has been received and reviewed for eligibility, if approved. Organizations should receive a check within four weeks of approval.
Sample 1
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Related to Grant Distribution

  • Nonqualified Distributions If you do not meet the requirements for a qualified distribution, any earnings you withdraw from your Xxxx XXX will be included in your gross income and, if you are under age 59½, may be subject to an early distribution penalty tax. However, when you take a distribution, the amounts you contributed annually to any Xxxx XXX and any military death gratuity or Servicemembers’ Group Life Insurance (SGLI) payments that you rolled over to a Xxxx XXX, will be deemed to be removed first, followed by conversion and employer-sponsored retirement plan rollover contributions made to any Xxxx XXX on a first-in, first-out basis. Therefore, your nonqualified distributions will not be taxable to you until your withdrawals exceed the amount of your annual contributions, military death gratuity or SGLI payments and your conversions and employer-sponsored retirement plan rollovers.

  • Primary Distribution Discount Notes shall be issued and settled through the Fed Book-Entry System in same-day funds and shall be held by designated Fed Participants. After initial issue, all Discount Notes shall continue to be held by such Fed Participants in the Fed Book-Entry System unless arrangements are made for the transfer thereof to other Fed Participants. Discount Notes shall not be exchangeable for definitive Discount Notes.

  • Trust Account; Distributions On or before the issuance of the Certificates, Xxxxxx Xxx shall either (i) open with an Eligible Depository one or more trust accounts in the name of the Trustee of the Trust Fund that shall collectively be the “Trust Account”, (ii) in lieu of maintaining any such account or accounts, maintain the Trust Account by means of appropriate entries on its books and records designating all amounts credited thereto in respect of the Lower Tier Regular Classes and all investments of any such amounts as being held by it in its capacity as Trustee for the benefit of the Holders of the Trust Fund Certificates or

  • Qualified Distributions Qualified distributions from your Xxxx XXX (both the contributions and earnings) are not included in your income. A qualified distribution is a distribution which is made after the expiration of the five-year period beginning January 1 of the first year for which you made a contribution to any Xxxx XXX (including a conversion from a Traditional IRA), and is made on account of one of the following events. • Attainment of age 59½ • Disability • First-time homebuyer purchase • Death For example, if you made a contribution to your Xxxx XXX for 2007, the five-year period for determining whether a distribution is a qualified distribution is satisfied as of January 1, 2012.

  • Contract Distribution The Employer will provide all current and new employees with a link to the new Agreement. Each department or unit will maintain a paper copy of the contract accessible to all employees.

  • Payment Options The exercise price shall be paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof:

  • Grant Payments All grant payments are requested by submitting a Grant Payment Request. Payment Requests and supporting documentation must be submitted on the DOS Grants System at xxxxxxxxx.xxx. The total grant award shall not exceed $[award], which shall be paid by the Division in consideration for the Grantee’s minimum performance as set forth by the terms and conditions of this Agreement. The grant payment schedule is outlined below:

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

  • Qualified Reservist Distributions If you are a qualified reservist member called to active duty for more than 179 days or an indefinite period, the payments you take from your IRA during the active duty period are not subject to the 10 percent early distribution penalty tax. 10) Qualified birth or adoption. Payments from your IRA for the birth of your child or the adoption of an eligible adoptee will not be subject to the 10 percent early distribution penalty tax if the distribution is taken during the one-year period beginning on the date of birth of your child or the date on which your legal adoption of an eligible adoptee is finalized. An eligible adoptee means any individual (other than your spouse’s child) who has not attained age 18 or is physically or mentally incapable of self-support. The aggregate amount you may take for this reason may not exceed $5,000 for each birth or adoption. You must file IRS Form 5329 along with your income tax return to the IRS to report and remit any additional taxes or to claim a penalty tax exception.

  • Other Distributions In case the Company shall fix a record date for the making of a distribution to all holders of shares of its Common Stock of securities, evidences of indebtedness, assets, cash, rights or warrants (excluding Ordinary Cash Dividends, dividends of its Common Stock and other dividends or distributions referred to in Section 13(A)), in each such case, the Exercise Price in effect prior to such record date shall be reduced immediately thereafter to the price determined by multiplying the Exercise Price in effect immediately prior to the reduction by the quotient of (x) the Market Price of the Common Stock on the last trading day preceding the first date on which the Common Stock trades regular way on the principal national securities exchange on which the Common Stock is listed or admitted to trading without the right to receive such distribution, minus the amount of cash and/or the Fair Market Value of the securities, evidences of indebtedness, assets, rights or warrants to be so distributed in respect of one share of Common Stock (such amount and/or Fair Market Value, the “Per Share Fair Market Value”) divided by (y) such Market Price on such date specified in clause (x); such adjustment shall be made successively whenever such a record date is fixed. In such event, the number of Shares issuable upon the exercise of this Warrant shall be increased to the number obtained by dividing (x) the product of (1) the number of Shares issuable upon the exercise of this Warrant before such adjustment, and (2) the Exercise Price in effect immediately prior to the distribution giving rise to this adjustment by (y) the new Exercise Price determined in accordance with the immediately preceding sentence. In the case of adjustment for a cash dividend that is, or is coincident with, a regular quarterly cash dividend, the Per Share Fair Market Value would be reduced by the per share amount of the portion of the cash dividend that would constitute an Ordinary Cash Dividend. In the event that such distribution is not so made, the Exercise Price and the number of Shares issuable upon exercise of this Warrant then in effect shall be readjusted, effective as of the date when the Board of Directors determines not to distribute such shares, evidences of indebtedness, assets, rights, cash or warrants, as the case may be, to the Exercise Price that would then be in effect and the number of Shares that would then be issuable upon exercise of this Warrant if such record date had not been fixed.

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