Ceiling amounts definition

Ceiling amounts means the largest amount of financial assistance the department can provide to an individual project. Ceiling amounts vary based on factors including the type of project and whether a loan or a grant is awarded.

Related to Ceiling amounts

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

  • Maximum Drawing Amount means at the time in question the sum of the maximum amounts which LC Issuer might then or thereafter be called upon to advance under all Letters of Credit which are then outstanding.

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Ceiling Rate means, with respect to any Calculation Period, the rate set forth as the “Ceiling Rate” on the attached Schedule I.

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;