CREW Funding definition

CREW Funding. The funding awarded to JHI by Scottish Ministers for use in relation to CREW pursuant to a letter dated 4 March 2016.
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Examples of CREW Funding in a sentence

  • In the event USTAN becomes bound to repay the fees received by the Contractor under this Agreement to JHI as a result of a decision by the Scottish Ministers to reclaim the CREW Funding (in whole or in part), the Contractor shall pay JHI such sum as USTAN may specify within seven (7) days following receipt of written notice from USTAN requesting payment.

  • The Contractor will not, during the Period for the Project, do or omit to do anything in performance of the Project which would cause (i) JHI to be in breach of the CREW Funding Terms; or (ii) USTAN and/or JHI to be in breach of any relevant legislation, rules, regulations and codes of practice (including EU procurement and state aid legislation).

  • USTAN shall have no liability for payment to the extent that the CREW Funding (as defined in Appendix F) is suspended, delayed, withdrawn or reclaimed by the Scottish Ministers and USTAN will notify the Contractor as soon as reasonably practicable once it has become aware of such suspension, delay, withdrawal or reclaim by the Scottish Ministers.

  • For the avoidance of doubt, Condition 12.1 shall not apply to any confidential information that must be disclosed to the Scottish Ministers or other third parties in accordance with the CREW Funding Terms.

  • In no event shall the University be liable for payment to the Provider in the event the CREW Funding under the Prime Contract is withdrawn, suspended delayed or reclaimed as a result of a decision taken by Scottish Ministers.

  • At the request of JHI, the University may terminate this Agreement and/or a Call-Off Contract (in respect of a Call-Off Contract, in whole or in part) immediately by notice in writing to the Provider and without liability should the Scottish Ministers: withdraw part or all of the CREW Funding; or reclaim part or all of the CREW Funding.

  • The University will notify the Provider as soon as it becomes aware of any actual or potential suspension, delay, withdrawal or reclaim of CREW Funding under the Prime Contract.

  • Commencement Date CREW Funding Terms means [insert date this Agreement will commence], notwithstanding the date or dates hereof.

Related to CREW Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Project Funding means the funding for the Services;

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Table funding means a settlement at which a mortgage loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • Broken Funding Costs means for any Purchaser Interest which: (i) has its Capital reduced without compliance by Seller with the notice requirements hereunder or (ii) does not become subject to an Aggregate Reduction following the delivery of any Reduction Notice or (iii) is assigned under Article XIII or terminated prior to the date on which it was originally scheduled to end; an amount equal to the excess, if any, of (A) the CP Costs or Yield (as applicable) that would have accrued during the remainder of the Tranche Periods or the tranche periods for Commercial Paper determined by the Agent to relate to such Purchaser Interest (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (ii) above, the date such Aggregate Reduction was designated to occur pursuant to the Reduction Notice) of the Capital of such Purchaser Interest if such reduction, assignment or termination had not occurred or such Reduction Notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Capital is allocated to another Purchaser Interest, the amount of CP Costs or Yield actually accrued during the remainder of such period on such Capital for the new Purchaser Interest, and (y) to the extent such Capital is not allocated to another Purchaser Interest, the income, if any, actually received during the remainder of such period by the holder of such Purchaser Interest from investing the portion of such Capital not so allocated. In the event that the amount referred to in clause (B) exceeds the amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess. All Broken Funding Costs shall be due and payable hereunder upon demand.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Construction Funding Subsidy or “CFS” means the funding that the MOHLTC agreed to provide, or to ensure the provision of, to the HSP, in an agreement for the construction, development, redevelopment, retrofitting or upgrading of beds (a “Development Agreement”).

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Funding Cycle means the period of time commencing with the Notice of Funding Availability or Notice of Credit Availability pursuant to this rule chapter and concluding with the issuance of allocations or loans to Applicants who applied during a given Application Period.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.