Unspent Funding definition

Unspent Funding means any part of the Funding that the Grantee does not spend before or on the applicable date as set in the Key Schedule of Dates set out in item 7 of the Details. Words and expressions
Unspent Funding means any part of the Funding that the Grantee does not spend before or on the applicable date as set in the Key Schedule of Dates set out in item Error: Reference source not found of the Details. Words and expressionsIn this Funding Agreement, unless the context requires otherwise:the singular includes the plural and vice versa;words denoting any gender include all genders;where a word or phrase is defined, its other grammatical forms have a corresponding meaning;a reference to a party, clause, paragraph, schedule or annexure is a reference to a party, clause, paragraph, schedule or annexure to or of this Funding Agreement;a reference to this Funding Agreement includes any schedules or appendices;headings are for convenience and do not affect interpretation;the background or recitals to this Funding Agreement are adopted as and form part of this Funding Agreement;a reference to any document or agreement includes a reference to that document or agreement as amended, novated, supplemented, varied or replaced from time to time;a reference to “$”, “A$” or “dollar” is a reference to Australian currency;a reference to a time is a reference to Australian Eastern Standard Time or Australian Eastern Daylight Time, whichever is appropriate;a reference to a party includes its executors, administrators, successors, substitutes (including persons taking by novation) and permitted assigns;a reference to writing includes any method of representing words, figures or symbols in a permanent and visible form;words and expressions denoting natural persons include bodies corporate, partnerships, associations, firms, governments and governmental authorities and agencies and vice versa;a reference to any legislation or to any provision of any legislation includes:any modification or re-enactment of the legislation;any legislative provision substituted for, and all legislation, statutory instruments and regulations issued under, the legislation or provision; andwhere relevant, corresponding legislation in any Australian State or Territory;no rule of construction applies to the disadvantage of a party because that party was responsible for the preparation of this Funding Agreement or any part of it; and
Unspent Funding means any amount of the Funds which has not been spent, or legally committed for expenditure by the Recipient in accordance with this agreement and payable by the Recipient as a current liability (as supported by written evidence to the satisfaction of the City); ‘We,’ ‘Our’ or ‘Us’ means the Council of the City of Gold Coast; and ‘You’ or ‘Your’ means the Recipient.

Examples of Unspent Funding in a sentence

  • Table 1: Obligated, Revised, and Unspent Funding for the RAMP Follow-on Contract Base YearOption Year FPS Ceased RAMP Development Because It Was Not Cost Effective and Did Not Fulfill Its Original GoalsFPS ceased development of RAMP in May 2011 because RAMP was not cost effective and did not fulfill its original goals.

  • The relevant Association legislative body shall have the power to exempt groups from the Tax on Unspent Funding.

  • Part 1[b] - Projections for Future Seven-Line BudgetsBased on the Figures from the FY 2014 Close-Out and the Current Five-Year Plan for Funding Capital Projects Part 2[a] - Recap of Current Financial Reserves Part 2[b] - Projections for Future Financial ReservesNotes[1] Part 2[a] of Poolesville's Financial reserves is summarized from Page 2; see that page for details.[2] Unspent Funding for Capital Projects may include Impact Fees, Grants, and Restricted Funds.

  • Part 1[b] - Projections for Future Seven-Line BudgetsBased on the Figures from the FY 2019 Close-Out and the Current Five-Year Plan for Funding Capital Projects Part 2[a] - Recap of Current Financial Reserves Part 2[b] - Projections for Future Financial ReservesNotes[1] Part 2[a] of Poolesville's Financial reserves is summarized from Page 2; see that page for details.[2] Unspent Funding for Capital Projects may include Impact Fees, Grants, and Restricted Funds.

  • Such a setting might be plausible, for example, during (or even before) power outages.Another attack vector is the following.

  • Revenue from the Tax on Unspent Funding will be deposited into the relevant programming reserves.

  • Such an approach would allow industry to adapt to the new provisions, taking into account the time needed to implement provisions of the Model Regulations in the applicable modal regulations.

  • If any such Unspent Funding is not returned to APNOR in accordance with the Policies and Procedures, the amount of such Unspent Funding will be a debt due from the Activator to APNOR.

  • Unspent Funding - Carry-Forward BalancesUnspent funding-carry forward balances reported on the 4th quarter financial status report will be deducted from the following fiscal year’s quarters two through four allocation.

  • Following a written request by Baker IDI, the Grantee must repay to Baker IDI any Unspent Funding or Misspent Funding, within 20 Business Days after the date of that written request.


More Definitions of Unspent Funding

Unspent Funding means any part of the Funding that the Grantee does not spend during the Term.

Related to Unspent Funding

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Pre-Funding Period means the period beginning on the Closing Date and ------------------ ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, 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:

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the September 2003 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the March 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

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

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

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

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • ESOP means a Plan that is intended to satisfy the requirements of Section 4975(e)(7) of the IRC.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Risk retention group means any corporation or other limited liability association:

  • Fresh Funds means funds that:

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

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