Eligible Purposes definition

Eligible Purposes means (1) the payment or reimbursement of

Eligible Purposes means purposes and expenses which are specified in the NOFA as being eligible for funding.

Eligible Purposes means purposes and expenses which are specified in the FOA as being eligible award costs for funding.

Examples of Eligible Purposes in a sentence

• The Qualified Issuer shall provide all required information in its Guarantee Application to establish that it meets all criteria set forth in the Regulations at 12 CFR 1808.501 and this NOGA and can carry out all CDFI Bond Guarantee Program requirements including, but not limited to, information that demonstrates that the Qualified Issuer has the appropriate expertise, capacity, and experience and is qualified to make, administer and service Bond Loans for Eligible Purposes.

• The Qualified Issuer applicant must demonstrate that it has the appropriate expertise, capacity, experience, and qualifications to originate, underwrite, service and monitor Bond Loans for Eligible Purposes, targeted to Low-Income Areas and Underserved Rural Areas.

• The Qualified Issuer applicant must demonstrate that it has the appropriate expertise, capacity, experience, and qualifications to issue Bonds for Eligible Purposes, or is otherwise qualified to serve as Qualified Issuer, as well as manage the Bond Issue on the terms and conditions set forth in the Regulations, this NOGA, and the Bond Documents, satisfactory to the CDFI Fund.

• Each proposed Eligible CDFI must also attest in the Guarantee Application that it will use Bond Loan proceeds for Eligible Purposes and that Secondary Loans will be financed or refinanced in accordance with the applicable Secondary Loan Requirements.

• The Awardee shall expend Award funds only for Eligible Purposes in accordance with the RUS approved line item Project budget and Form(s) 481 submitted to RUS prior to the advance of funds.

More Definitions of Eligible Purposes

Eligible Purposes means purposes and expenses which are specified in the as being eligible for funding.

Eligible Purposes means working capital necessary to secure a performance bond from a surety to complete contract work. Performance bonds shall be specific to particular contracts. In the case of homebuilders, eligible purpose means construction of a low to moderate income single family owner occupied home. Eligible purposes do not include an insured loan made primarily to pay off or refinance an existing debt to a creditor whose loan is inadequately secured or who is in danger of sustaining a loss.

Eligible Purposes means those ordinary and regular costs incurred by the Borrower in connection with the implementation of the transition process contemplated by such Section 22C-120, including for office space and equipment, personnel, and professional services, as well as interest on the Loan.

Eligible Purposes means the purposes described in the Scopes of Work.

Eligible Purposes means those ordinary and regular costs incurred by the Borrower in connection with the implementation of the transition process contemplated by Section 22B-120 of the Illinois Pension Code, including for office space and equipment, personnel, and professional services, as well as interest on the Loan.

Eligible Purposes means purposes and expenses which are specified in the FOA as being eligible for funding.

Eligible Purposes means purposes and expenses which are specified in the ConnectMT Application Guide and program administration manual as being eligible for funding. “Eligible project” may be awarded funding under this section for an eligible project that constitutes an unserved or underserved area as defined. [Section 2 (11) and (12), SB 297]