EFY definition
Examples of EFY in a sentence
Subprogram D 4,700,000 Such percentage of Eligible Expenditures as the Association may determine for each six monthly period of the EFY 6.
Subprogram A(ii) 0 0 Such percentage of Eligible Expenditures as the Association may determine for each six monthly period of the EFY 3.
Performance of the obligations of EFY Owner and Equity under the Asset Management Agreement shall be secured by an irrevocable letter of direction to Lender with respect to payment of any cash flow, in a form acceptable to USRA.
On the Closing Date, Purchaser shall cause Equity and EFY Owner to enter into that certain Asset Management Agreement with U.S. Realty Advisors, LLC ("USRA") in the form attached hereto as Schedule D (the "Asset Management Agreement").
The Recipient shall furnish to the Bank each Program Report and Project Report not later than two (2) months after the end of each EFY semester, covering the EFY semester.
The Worker’s Compensation policy will also include Employer’s Liability Insurance, endorsed to waive subrogation against Client for any claim arising out of this Agreement, with minimum limits of $1,000,000 each accident, $1,000,000 each disease, and $1,000,000 each employee for disease.
Purchaser acknowledges that neither any bank accounts maintained by Equity or EFY Owner nor any funds therein will become the property of, be transferred to, or become under the control of, the Purchaser upon the Closing.
EFY Owner financed the acquisition of its interests in the Properties with a loan (the "Financing") from Berkshire Hathaway Credit Corporation (together with its successors and assigns, the "Lender"), and as security therefor entered into the Indenture of Mortgage, Deed of Trust, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and Leases (as amended, the "Mortgage"), and other instruments and documents (collectively, as amended, the "Loan Documents").
The Recipient shall prepare and furnish to the Association for its approval, not later than August 15 of each year during the implementation of the Project, or such later date as the Association may agree, the Annual Work Plans and Budgets (“AWPBs”), including procurement plans, containing all proposed Project activities to be carried out in the following EFY, and finalize the AWPB, taking into account the Association’s comments and views thereon.
The Recipient shall furnish to the Association each Project Report not later than two (2) months after the end of each six-month period in the EFY, covering the preceding six-months period.