Matching Funds definition

Matching Funds means the amount and nature of the moneys or resources to be used by the Local Political Subdivision or Nonprofit Organization for the Project. Such funds shall constitute not less than twenty-five percent (25%) of the total Cost of Project set forth in Appendix D and may consist of money by any person, any Local Political Subdivision, the State of Ohio, or the federal government or of contributions in-kind by such parties through purchase or donation of equipment, land, easements, labor, or materials necessary to complete the Project.

Matching Funds means the funds provided Grantee as a match required to receive the Grant Funds.

Matching Funds means an amount no less than twenty-five

Examples of Matching Funds in a sentence

• The Recipient further acknowledges and agrees that none of the duties and obligations imposed by this Agreement on the Director shall be binding until the Recipient has complied with all applicable provisions of Chapter 164 of the Revised Code and Chapter 164-1 of the Administrative Code and until the Recipient has acquired and committed all funds necessary for the full payment of the Matching Funds applicable to the Project.

• The OPWC shall then deliver to the Title Agent Funds to be disbursed under this Agreement for the land acquisition, which Funds may be held, together with the Matching Funds, in an account subject to the terms and conditions of the Escrow Agreement.

• In the event that the Recipient determines that the moneys provided pursuant to Section II hereof, together with the Matching Funds, are insufficient to pay in full the costs of the Project, the Recipient shall be responsible for such shortfall.

• The Request to Proceed must name the proposed Title Agent and must indicate the amount of Funds requested from the OPWC for the land acquisition, including expected settlement costs, based upon the participation ratio and the amount of funds expected from any Matching Funds.

• The Matching Funds shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement.

More Definitions of Matching Funds

Matching Funds means those funds provided by the local sponsor to the project.

Matching Funds means the funds provided by Grantee as a match required to receive the Grant Funds.

Matching Funds. (Local Funds, or Local Match) means the funds provided by Subrecipient as a match required to receive the Grant Funds and includes in-kind contribution.

Matching Funds means money that equals that percentage of federal contributions required by the federal act to be matched with state funds.

Matching Funds means funds provided by the Grantee for performance of the Work, which may be either cash or in-kind funds, as permitted and specified in Exhibit B. Matching Funds cannot include any Federal Funds, and State Matching Funds may not be used to reimburse Pre-award Costs, unless authorized in this Grant.

Matching Funds means money that is provided by the public entity and does not consist of funds previously received from state or federal agencies or public entity funds previously used to match federal or state funds. This definition shall be retroactive to July 1, 1967.

Matching Funds means funding (cash or In-kind Funding) in support of the Project received by [Land Trust] through sources other than Canadian federal government investments (including the COVID-19 Canada Emergency Wage Subsidy or any other COVID-19 relief funding), including the amount of unpaid fair market value of the land or Property (e.g. difference between appraised value and paid or receipted value), contributions to Stewardship Endowment and contributions to cover costs directly related to the Project.