Examples of Window 1 Funds in a sentence
Approval on a ‘no-objection’ basis of US$57.6 million for 2011 stability financing for the Centers and two Challenge Programs to be allocated from Window 1 Funds, and a disbursement of up to 50% of the fund requested be made in the July-Sept quarter of 2011.
The committee finds that cooperation among state, regional, and local entities and the private and nonprofit sectors have led to great successes in disaster preparation and response in every area of the state.
Any interest or other income generated by such Windows 1 and 2 Funds, including currency conversion gains, shall be (i) used only for the purposes described in this CRP’s proposal or (ii) if not needed for such purposes, returned to the Trustee for deposit as Window 1 Funds.
The Fund Council sets overall priorities and makes specific decisions about the use of Window 1 Funds such as allocation to CRPs, payment of System Costs and any other use required to achieve the CGIAR mission;🡪 Window 2 –designated by Fund Donors to one or more specific CRPs. For each approved CRP, a sub-account is created to which donors may allocate funds.
The Fund Council sets overall priorities and makes specific decisions about the use of Window 1 Funds such as allocation to CRPs, payment of system costs and any other use required to achieve the CGIAR mission;🡪 Window 2 –designated by Fund Donors to one or more specific CRPs. For each approved CRP, a sub-account is created to which donors may allocate funds.
Xxxxxx/Person/World Bank@WorldBank, XXxxxxx@xxxxxxxxx.xxx Date: 07/08/2011 08:06 AM Subject: FC Communication No. 28, Re: FC's decision on the 2011 Funding Stability Request 000-000-0000 CGIAR Dear Fund Council Members, I am pleased to inform you that the Fund Council has approved on a ‘no-objection’ basis to allocate the amount of US$57.6 million from Window 1 Funds for 2011 stability financing for the Centers and two Challenge Programs.
Investment income generated b y an y f unds fr om the CGIAR Fund (inclu ding Window 3 Funds, unless otherwise specified in ag reements relating to Wi ndow 3 Funds) s hall be used for the same purposes applicable to such funds u nder the governing Fund Use Agreements or returned to the Trustee for deposit as Window 1 Funds if not needed for such purposes.
If a CRP proposal is approved by the Fund Council and, thereby, becomes a CRP, the Fund Council may allocate, in consultation with the Consortium, Window 1 Funds, and, if such CRP is eligible for Window 2 subaccount fundi ng, Fund Donors may designate contributio ns to such CRP through W indow 2.
Unless otherwise agreed by the System Council, if a Center does not pay any CSP which is due, the amount of such CSP which is due may be offset, after the Center has been adequately consulted, against Window 1 Funds that are otherwise to be disbursedto such Center.