Funding Allocation definition

Funding Allocation means (i) the total amount of Building Better Communities General Obligation Bond funds approved by the Board for use by a Recipient for a specific Project as set forth in the Authorizing Resolutions; or (ii) the total amount approved by the Board from a Fund for use by a Recipient for a specific Project.
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Funding Allocation means the total amount of Funding to be provided to the Recipient for a specific Fiscal Year;
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Funding Allocation means the maximum Grant agreed to be paid in relation to the Funded Activity under this Agreement in each year of this Agreement as set out in the Funding Particulars; ‘Funding Particulars’ means Part 2 of this Agreement which detail the specific core terms agreed between the Grant Recipient and TVCA under this Agreement; ‘Funding and Performance Management Rules’ means the 2019/2020 TVCA AEB Funding and Performance Management Rules at Part 6 of this Agreement as amended from time to time or any new, updated or replacement versions issued by TVCA; ‘Funding Profile’ means the details of how the Grant shall be defrayed as further set out in the Funding Particulars;
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Examples of Funding Allocation in a sentence

  • If Eligible Entity has achieved the Utilization Threshold and the Annual Reallocation Amount is greater than zero for the applicable year, the Program Participation Cap and Round 5 Funding Allocation will be increased by an amount calculated as follows: First, calculate the “Per Capita Amount” for each Recipient State.

  • The Utilization Percentage with respect to the 2016 Utilization Threshold and the 2017 Utilization Threshold shall be calculated as the lesser of (I) the ratio of (x) aggregate Capital Draws made by the Recipient State under its HFA Participation Agreement as of December 31, 2016 and December 31, 2017, respectively, to (y) the Recipient State’s Rounds 1-4 Funding Allocation as of such dates, or (II) 100%.

  • The Program Participation Cap and Round 5 Funding Allocation set forth on Schedule A to the Agreement shall be deemed to be modified upon receipt of the written notice sent pursuant to Section V(a) above.

  • The Program Participation Cap and Round 5 Funding Allocation set forth on Schedule A to the Agreement shall be deemed to be modified upon receipt of the written notice sent pursuant to Section V (a) above.

  • In the 2022-23 Funding Year, the Recipient may apply to use up to seven and a half per cent (7.5%) of its Annual Funding Allocation for the costs of administering the Program through the Investment Plan and updates to the Investment Plan.

  • The annual funding allocation for services is identified and incorporated herein as Schedule II, Funding Allocation Schedule.

  • Starting in the 2023-24 Funding Year, and for subsequent Funding Years, the Recipient may apply to use up to five per cent (5%) of its Annual Funding Allocation for the costs of administering the Program.

  • The Municipality covenants and warrants that it has, in combination with the Funding Allocation, the amount of funding necessary for the completion of the Project.

  • For greater certainty, despite section A4.1 of Schedule “A”, in order to more accurately reflect the Recipient’s anticipated need for Funds, the Province may reduce the amount of the Funds to be provided and any instalment of Funds, based upon a failure to spend any part of the Annual Funding Allocation in the relevant Funding Year and/or the spending forecasts submitted by the Recipient under this Agreement.

  • Funding Allocation the following allocation of funds that comprise the Total Community Contribution: • 90% of funds to the Walcha Community Benefit Fund; and • 10% of funds to the Uralla Community Benefit Fund.


More Definitions of Funding Allocation

Funding Allocation means specific financial resources allocated and approved for the Community Advancement Fund to spend and distribute.
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