Recaptured definition

Recaptured means those moneys that are returned to a
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Recaptured means those moneys that are returned to a district or the state board by a grantee because that grantee did not meet contractual obligations.
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Recaptured funds” is defined in 420.9071, Fla. Stats., and in the context of this Agreement, includes but is not limited to funds received by Subrecipient as loan repayments, sales proceeds, foreclosure proceeds and proceeds received in connection with refinancing. Reporting will be required on an annual basis in substantially the same format as Exhibit “H”. The report must be submitted to the County with back up documentation in similar format to that required in Section II PAYMENT SCHEDULE of this Agreement. The report must be accompanied by Exhibit “B-3”, SHIP Program File Checklist. This checklist and list of documents is required to be provided by the Subrecipient, and is consistent with the Florida Housing Coalition/Florida Housing Finance Corporation list of documents required to be maintained for SHIP down payment assistance loans. In addition, the Subrecipient must include in its submittals a completed copy of Exhibit “B-4”, Case Summary Form, for each eligible household served. This documentation may be made electronically with digital copies of the above mentioned documentation. Delinquent Program report submissions may result in Subrecipient’s payment request(s) being withheld or termination of the agreement pursuant to Article V (Default and Termination for Non- Performance).
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Examples of Recaptured in a sentence

  • Recaptured Funds: Select "Yes" or "No" from the dropdown menu to indicate whether any funds have been recaptured by HUD for the most recently expired grant term related to this renewal project request.

  • After final closeout of CRF, Recaptured Funds must be returned to Florida Housing.

  • Recaptured Funds realized by Subrecipient prior to the final closeout of CRF must be deposited and used for eligible CRF activities.

  • A reasonable amount of Program Income or Recaptured Funds may be used to provide a grant to administer an ED Float Loan.

  • For projects with significant economic impact, the State may use the ED Fund, Recaptured Fund, Program Income, or other Funds to grant an appropriate amount toward Section 108 Loan Guarantee payments and for debt retirement.

  • The Authority may set aside up to 7 percent of all Recaptured funds for reasonable direct and indirect administrative costs of the Program.

  • Recaptured funds may come from:• Non-performing grantees; and• Grantee’s underutilized funds.

  • The Authority may set aside up to 7 percent of all Recaptured funds for reasonable direct and indirect administrative costs of the Program.(h) The Authority may suspend enrollment of Qualified Loans upon written notice to the Participating Financial Institution at least ten (10) business days prior to the effective date of the suspension.

  • The Authority shall deposit all Recaptured funds in the CalCAP for Collateral Support Program Fund dedicated solely for future program and administrative expenditures of the CalCAP for Collateral Support Program.

  • Recaptured internees shall be handed over to the competent authorities as soon as possible.


More Definitions of Recaptured

Recaptured. “Recapture Period” shall mean the earlier of (i) the expiration of the five (5) year period commencing on the date on which the last Project Segment is reported as “placed in service” in the Cash Grant Application for such Project Segment, in accordance with the Cash Grant Guidance or (ii) the date that the Company has repaid the Cash Grant in full.
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Recaptured funds” means a fund balance that remains at the close of a project activity, cancellation of an awarded project or a repayment of funds that is required due to determination of ineligible activity by HUD, change of use from original grant award or sale of property.
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Related to Recaptured

  • Recapture Income means any gain recognized by the Partnership (computed without regard to any adjustment required by Section 734 or Section 743 of the Code) upon the disposition of any property or asset of the Partnership, which gain is characterized as ordinary income because it represents the recapture of deductions previously taken with respect to such property or asset.

  • Recapture Amount means, with respect to any Employment Violation by Grantee, the gross gain realized or unrealized by Grantee upon all vesting of Restricted Share Units or delivery or transfer of Vested Shares during the Look-back Period with respect to such Employment Violation, which gain shall be calculated as the sum of:

  • Recapture Period means, with respect to any Project, the period from the date such Project is Placed in Service through the fifth anniversary of such date.

  • Recapture Event means any of the following events:

  • Tenant’s Proportionate Share is, subject to the provisions of this Paragraph 3, the percentage number described in Item 4 of the Basic Lease Provisions. Tenant's Proportionate Share represents a fraction, the numerator of which is the number of square feet of Rentable Area in the Premises and the denominator of which is the number of square feet of Rentable Area in the Project, as determined by Landlord pursuant to Subparagraph 2(d) above.

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Deductible has the meaning set forth in Section 11.1(e).

  • Household income means the combined income of the members

  • bicycle parking space means an area used for parking or storing a bicycle;

  • Parking Space The County shall attempt to provide adequate free parking facilities for employees within a reasonable distance of their work locations.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Heritage Building means a Building designated under Part IV of the Ontario Heritage Act, R.S.O. 1990, c. O.18, or any successor legislation, or a Building designated under Part V of the Ontario Heritage Act,R.S.O. 1990, c. O.18, or any successor legislation, which has been identified as a significant heritage resource in a conservation district plan and any Building listed in the Markham Register of Property of Cultural Heritage Value of Interest;

  • Office Space means the offices of the Service Provider located at 000 Xxxx Xxxxxx, Xxxxx 00, Xxx Xxxx, Xxx Xxxx 00000 (or any successor location or other existing office space of the Service Provider or any of its affiliates).

  • Parking Spaces means spaces in or portion of the Ground Floor of the Building and also open spaces at the ground level of the said premises as expressed or intended by the Developer, at their sole discretion, for parking of motor cars/two wheelers etc.

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack or locker for the purpose of parking and securing bicycles, and:

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Single Room Occupancy or “SRO” means housing consisting of single room dwelling units that is the primary residence of its occupant or occupants. An SRO does not include facilities for students.

  • Tenant’s Percentage Share means the percentage specified in the Basic Lease Information.

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.

  • Gain means a gain of any property, whether temporary or permanent, and includes the keeping by a person of any property that he or she already has;

  • Premises Building Partial Damage means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is less than fifty percent of the then replacement cost of the Building.

  • stacked bicycle parking space means a horizontal bicycle parking space that is positioned above or below another bicycle parking space and equipped with a mechanical device providing floor level access to both bicycle parking spaces.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Tenant’s Pro Rata Share are both subject to adjustment as provided in this Lease. Definition or Provision Means the Following (As of the Term Commencement Date} Approximate Rentable Area of Premises 11,173 square feet Approximate Rentable Area of Project 67,998 square feet Tenant’s Pro Rata Share of Project 16.43%

  • Base Year means the period set forth in Section 5 of the Summary.

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