FFGA definition
Examples of FFGA in a sentence
For clarity, notwithstanding any other provisions or approvals herein, prior to FFGA Approval, neither IFA nor RDA shall be obligated to provide funding for contracts or other costs that have not been individually and specifically approved in advance by IFA and RDA in writing.
All funds provided by RDA and/or IFA to NICTD prior to FFGA Approval shall be limited to payment for Project Costs that are included in the applicable Cost Budget (as amended and updated by written agreement of the Parties), and that also are individually and specifically approved in advance and in writing (both as to the timing and amount of such costs being incurred) by IFA and RDA.
Except for the Draw Down Bonds, the IFA Bonds are not expected to be issued to provide financing for a Rail Project until an FFGA has been executed for that Rail Project.
As stated in the applicable Financing Plan, except with respect to the Draw Down Bonds, the IFA does not anticipate issuing bonds until receipt of FFGA Approval.
In the event that the forecast or actual Total Project Cost, or allocated share thereof per Section 11.04(b), would violate restrictions that flow from the funding sources being used (e.g., FFGA, FRA annual grants, state appropriations), the Parties agree to work in good faith together to identify and advocate for additional sources of funds to address such shortfall.