Matching Grant Sample Clauses

Matching Grant. The Grantee hereby agrees to provide a matching grant "Match" in the amount of $Insert Amount of Grant Award. Prior to the issuance of the Program monies, Grantee shall submit a document to City, executed by Grantee outlining and describing the various obligations and contributions, which constitute the complete Match.
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Matching Grant. All grants under the DM Façade Improvement Program are 50/50 matching grants which means that the applicant must match dollar for dollar the amount of the grant. By way of example only, if the Eligible Reimbursements for a project are $30,000, the maximum amount of the grant would be $15,000, and the remaining $15,000 must be paid by the applicant and would not be eligible for reimbursement. All of the applicant’s match must be for Work in connection with Eligible Reimbursements within the scope of work proposed in the application. All of the applicant’s match must be monetary. No in-kind match is allowed. No donations, “sweat equity” or costs or expenses incurred in connection with Non-Eligible Reimbursements including, without limitation, sums paid to any contractor, laborer or supplier owned directly or indirectly by the applicant, building owner, or family member of the applicant or building owner, will count towards the applicant’s required match.
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Matching Grant. The Grantee hereby agrees to provide a matching grant "Match" in the amount of $
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Matching Grant. Provided that the AFID Grant has been funded by VDACS and received by the City, the City shall pay and disburse the same together with the Matching Grant, to the Authority by 2017. Within thirty (30) days of the receipt of the same, the Authority shall disburse the AFID Grant and the Matching Grant to the Company in accordance with the terms and purpose of the XXX Xxxxx Agreement.
Sample 1
Matching Grant. Park District has requested a grant from Project 120 in the amount of $700,000 (“Project 120 Grant”) for the sole purpose of assisting it with its local match required to activate federal funding for the GLFER Project, which is equal to 35% of the total project value. The Project 120 Grant amount will be based upon availability of funds and determined by and subject to the approval of the Board of Directors of Project 120. Project 120’s provision of this support is subject to the on-going cooperation and conditions precedent set forth in Section 4. The GLFER Project budget is estimated as follows: Estimated Total Project Cost $7,000,000 Funding: Federal Contribution $4,550,000 Local Match (Park District)* $2,450,000 *Based upon the Project Cost and final project ecological impact and area size calculations, Park District expects to receive a land credit under the federal regulations in the amount of approximately $1,049,000. The goal of the Parties is to secure the remaining budget of $1,501,000 as follows: $701,000 from Park District budget and $700,000 from private sector. Additionally, Park District continues to work with USACE to resolve how additional Park District funding and resulting USACE funding could be secured to add work into the project, including essential betterments such as pathways. Park District is using Northerly Island as an example for how to maximize funding and other available resources. Park District has requested that Project 120 make the Project 120 Grant available in accordance with its funding requirements set forth in the Project Partnership Agreement to be entered into by and between Park District and USACE following approval by the Park District Board at a meeting scheduled for August 13, 2014. 80767205\V-2
Sample 1
Matching Grant. Provided that the AFID Grant has been funded by VDACS and received by the City by no later than November 30, 2017 and the City has paid and disbursed to the Authority the same together with the Matching Grant, the Authority will, within thirty (30) days of its receipt of both the AFID Grant and the Matching Grant proceeds, disburse the same, at the Authorities’ option, to either the Company or the closing agent conducting the closing on behalf of the Company, to be used by the Company for the sole purpose of acquiring, developing and constructing the Facility by the Completion Date.
Sample 1
Matching Grant. If following the date hereof and prior to the date that is 120 days after the Effective Date (the “Final Purchase Date”), you purchase shares of Alleghany common stock, you shall be entitled to be granted a matching restricted stock unit for each share purchased for the first $5,000,000 worth of Alleghany common stock that you purchase. As soon as reasonably practicable after the first to occur of (i) the date following the Effective Date by which you have purchased the maximum number of shares of Alleghany common stock eligible for the matching grant, (ii) the date following the Effective Date by which you have delivered written notice to Alleghany that you have purchased all of the shares of Alleghany common stock that you intend to purchase on or prior to the Final Purchase Date, and (iii) the Final Purchase Date (the earliest of such dates, the “Determination Date”), the Committee will award you a restricted stock unit matching grant under the Plan pursuant to a restricted stock unit matching grant agreement in the form of Exhibit A hereto.
Sample 1
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Matching Grant. The Bank shall make a contribution to the Executive’s Deferral Account in the form of a Matching Grant equal to twenty (20%) of the Executive’s Deferrals up to a maximum of three percent (3%) of the Executive’s Base Salary. The Bank shall credit the Matching Grant to the Deferral Account at the same time the Executive’s Deferrals are credited to the Deferral Account in accordance with Section 3.1.1.
Sample 1
Matching Grant. If between October 1, 2021 and September 30, 2022 (the “Final Purchase Date”), you purchase shares of Alleghany common stock, you shall be granted a matching performance share for each share purchased in respect of the first $7,500,000 worth of Alleghany common stock that you purchase during such period (“Performance Share Matching Award”), including, for such purpose, any amounts credited to your deferred account under Alleghany’s Deferred Compensation Plan as of April 1, 2022 that you elect to be notionally invested in Alleghany common stock. As soon as reasonably practicable after the first to occur of (i) the date by which you have purchased the maximum number of shares of Alleghany common stock eligible for the matching grant, and (ii) the Final Purchase Date, the Compensation Committee will award you a Performance Share Matching Award under the Plan pursuant to the form of Performance Share Matching Award Agreement attached as Exhibit B hereto.
Sample 1

Related to Matching Grant

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Annual Discretionary Bonus Effective as of the Effective Date, the Executive will be eligible to earn an annual performance bonus of up to 40% of the Executive’s Base Salary (the “Target Bonus”), based upon the Board’s assessment of the Executive’s performance and the Company’s attainment of targeted goals as set by the Board in its sole discretion. To the extent the Executive’s Base Salary and/or target bonus percentage of Base Salary is changed during the year to which the performance bonus relates, the Target Bonus shall be calculated based on base salary actually paid during such year (and not solely on the Executive’s Base Salary at the end of such year) and shall apply the initial target bonus percentage of Base Salary and the revised target bonus percentage of Base Salary based on the portion of the year during which each was in effect. The Board may determine to provide the bonus in the form of cash, equity award(s), or a combination of cash and equity. Following the close of each calendar year, the Board will determine whether the Executive has earned a performance bonus, and the amount of any performance bonus, based on the set criteria. No amount of the annual bonus is guaranteed, and the Executive must be an employee in good standing on the date of payment in order to be eligible for any annual bonus, except as specifically set forth below. The annual performance bonus, if earned, will be paid by no later than March 15 of the calendar year after the year to which it relates. The Executive’s bonus eligibility will be reviewed on an annual or more frequent basis by the Board and is subject to change in the discretion of the Board.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Discretionary Bonuses The Employee shall participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank’s senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s right to participate in such discretionary bonuses.

  • VALUE OF PARTICIPANT'S ACCRUED BENEFIT If a distribution (other than a distribution from a segregated Account) occurs more than 90 days after the most recent valuation date, the distribution will include interest at: (Choose (a), (b) or (c))

  • Discretionary Bonus The Executive shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board of Directors to its senior management executives from time to time. No other compensation provided for in this Agreement shall be deemed a substitute for the Executive's right to participate in such discretionary bonuses when and as declared by the Board.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Deferral Election A Participant may elect to defer all or a specified percentage of the Compensation earned in a Plan Year by such Participant for serving as a member of the Board of any Participating Fund or as a member of any committee or subcommittee thereof. Reimbursement of expenses of attending meetings of the Board, committees of the Board or subcommittees of such committees may not be deferred. Such election shall be made by executing before the first day of such Plan Year such election notice as the Administrator may prescribe; provided, however, that upon first becoming eligible to participate in the Plan by reason of appointment to a Board, a Participant may file a Deferral Election not later than 30 days after the effective date of such appointment, which election shall apply to Compensation earned in the portion of the Plan Year commencing the day after such election is filed and ending on the last day of such Plan Year.

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