Gap funding definition

Gap funding means funds invested into a Public Private Partnership project by Government of Yobe State for the purpose of making the project commercially viable.
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Gap funding means the amount of money needed to fund the proposed project
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Gap funding means funding provided to compensate for a shortfall between the expected development costs of a project and the available funds for the project.
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Examples of Gap funding in a sentence

  • The stipulations for funding by an LOC, a Trust, or cash described in Article VIII shall also apply to Gap funding.

  • More details on the specific funding and reporting requirements to address Closing the Gap are available in the memo titled ‘Closing the Gap funding allocations to West Moreton Hospital and Health Service for 2013/2014’, file reference PP003447 (10 May 2013).

  • Gap funding eligibility for building candidates submitted will be governed by the stated deadline in subsequent gap funding solicitations to be released.

  • During the first Agreement Year, the Reinsurer will increase provisional Gap funding at a rate of 1.37x net premium ceded by the Company until Reserve funding and Gap funding equal one hundred eighty one point one six percent (181.16%) of Net Ceded premium.

  • These three schools are also Scottish Attainment Gap funding schools.

  • The building application will provide needed information for a Qualified Solution Provider to assess viability of a proposed Whole Building Retrofit Solution and facilitate the match making process needed to develop a proposal for NYSERDA Gap- funding.

  • Within thirty (30) days of the inception of this Agreement, the Reinsurer will establish provisional Gap funding of one million five hundred thousand dollars ($1,500,000).

Related to Gap funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subrecipients, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.