Notice of Funds Availability definition

Notice of Funds Availability or “NOFA” shall mean the notice published by the CDFI Fund in the Federal Register that announced the availability of funds for the Capital Magnet Fund. The applicable NOFA for this Assistance Agreement is as listed on the signature page.
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Notice of Funds Availability or “NOFA” means, with respect to a Mortgage Loan, the written Notice of Availability of Funds, as amended from time to time.
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Notice of Funds Availability means, with respect to a Mortgage Loan, the written Notice of Availability of Funds, as amended from time to time, which is incorporated by reference into the Compliance Agreement or Mortgage Purchase Agreement for a Mortgage Loan.
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Examples of Notice of Funds Availability in a sentence

  • A Notice of Funds Availability (NOFA) is issued when funding for a grant competition has been appropriated by Congress (or a Notice of Funding Opportunities (NOFO) is issued when funding for a grant competition is anticipated but not yet available).

  • NTIA funded BTOP awards through two rounds of funding: (1) Round 1 Notice of Funds Availability (Round 1 NOFA), which opened on July 14, 2009 and closed August 14, 2009; (2) Round 2 Notice of Funds Availability (Round 2 NOFA), which opened February 16, 2010 and closed March 15, 2010.

  • Capitalized terms used, but not defined herein, shall have the respective meanings assigned to them in the Act, the Community Development Financial Institutions Program Regulations, the Notice of Funds Availability, the Application, and/or the Uniform Requirements (as such terms are hereinafter defined).

  • The applicable time frame for meeting the match is set forth in the Notice of Funds Availability (NOFA) published in the Federal Register for each funding round.

  • The Report contents will be based upon information that is provided in accordance with and within the timeframes set forth in the current Qualified Allocation Plan (“QAP”) (10 TAC Chapter 11) or a Notice of Funds Availability (“NOFA”), as applicable, and the Uniform Multifamily Rules (10 TAC Chapter 10, Subchapters A – E and G).

  • The Fund, in its sole discretion, may deny or limit the amount of an award for any reason.§ 1806.204 Applications for Bank En- terprise Awards.(a) Notice of Funds Availability; Appli- cations.

  • A Notice of Funds Availability (NOFA) is issued when funding for a grant competition has been appropriated by Congress or a Notice of Funding Opportunities (NOFO) is issued when funding for a grant competition is anticipated but not yet available).

  • The Borrower must not have owned a home as a primary residence in the last three years prior to loan closing unless: a) the property to be acquired is located in a Targeted Area as described in Exhibit A of this Notice of Funds Availability, b) the loan is a Qualified Rehabilitation Loan or c) the property is located on an Indian reservation and the Mortgage Loan is a FHA Section 248 or a HUD Section 184 loan (limited availability of funds).

  • However, the POP is subject to change based on changes in the HMA Guidance and Notice of Funds Availability.

  • Compliance RequirementCosts for eligible activities in accordance with Hazard Mitigation Assistance Guidance must be reasonable, allowable, allocable, and necessary as required by 2 CFR Part 200 Subpart E, applicable program regulations, and this guidance.Suggested Audit Procedures• Review Hazard Mitigation Assistance Guidance and Notice of Funds Availability requirements and cross-check against awarded projects.• Test expenditures and related records for adherence to approved budget activity.

Related to Notice of Funds Availability

  • Borrowing Availability means as of any date of determination the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the Revolving Loan and Swing Line Loan then outstanding.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Availability Notice has the meaning given to it in the Grid Code;

  • Availability Block means $15,000,000.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of the principal amount of Revolving Loans made and outstanding at such time.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Borrowing Notice is defined in Section 2.8.

  • Borrowing Base Availability as of any date, the lesser of (a) the Commitments minus the Outstanding Amount and (b) the excess, if positive, of the Borrowing Base calculated in the most recently delivered Borrowing Base Certificate minus the Borrowing Base Debt on such date.

  • Revolving Credit Availability means, at any particular time, the amount by which the Maximum Revolving Credit Amount at such time exceeds the Revolving Credit Obligations at such time.

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • Canadian Availability means, as of any date of determination, the amount (if any) by which (a) Canadian Available Credit, exceeds (b) the sum of the aggregate Dollar Equivalent of (i) Revolver Credit Advances made to the Canadian Borrowers plus (ii) the Canadian Borrowers’ Letter of Credit Obligations (other than the Canadian Borrowers’ Letter of Credit Obligations cash collateralized in accordance with the terms of the Loan Documents).

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Availability Certificate means a certificate substantially in the form of Annex 3 hereto, appropriately completed and duly signed by your Authorized Officer.

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.