Federal Funds definition

Federal Funds means federal or other immediately available funds which at the time of payment are legal tender for the payment of public and private debts in the United States of America.
Federal Funds means funds received from the federal government under a categorical grant or similar program and does not include federal funds received under a revenue sharing arrangement.

Examples of Federal Funds in a sentence

  • System Agency Grant Agreement, Contract HHS001409300016 Page 1 of 5 The total not-to-exceed amount includes the following: Total Federal Funds: $47,242 Total State Funds: $0 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget.

  • The Administrative Agent shall also have the right to receive interest from such Lender at the Federal Funds Effective Rate in the event that such Lender shall fail to provide its portion of the Loan on the date requested and the Administrative Agent shall elect to provide such funds.

  • The total not-to-exceed amount includes the following: Total Federal Funds: $0.00 Total State Funds: $1,384,090.00 System Agency Grant Agreement, Contract # HHS001285300014 Page 1 of 5 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget and Invoice Submission Requirements (Version 1).


More Definitions of Federal Funds

Federal Funds means all funds paid to County under this Agreement that OHA receives from an agency, instrumentality or program of the federal government of the United States.
Federal Funds means funds available through Title IV, Part A, and Title V, Part A.
Federal Funds means all funds paid to LPHA under this Agreement that OHA receives from an agency, instrumentality or program of the federal government of the United States.
Federal Funds means those funds awarded to the State pursuant to the Clean Water Act (33 U.S.C. §1251 et seq.) or the Safe Drinking Water Act (42 U.S.C. §300f et seq.), as the same may from time to time be amended and supplemented.
Federal Funds means the funds provided by FEMA to fund performance of the Work, which may be used to reimburse Pre-award Costs, if authorized in this Grant.
Federal Funds means any payments by the United States government to state government or agencies except those payments made in accordance with the federal Mineral Lands Leasing Act;
Federal Funds means funding from CMHC with respect to an Eligible Unit;