Appropriation of Funds definition

Appropriation of Funds. 3 [Buyer is a municipal corporation and is precluded under the California State Constitution and applicable law from entering into obligations that financially bind future governing bodies, and, therefore, nothing in the ESSA shall constitute an obligation of future legislative bodies of the City to appropriate funds for purposes of the ESSA; provided, however, that (a) Buyer has created and set aside the Designated Fund for payment of its obligations under the ESSA and (b) subject to the requirements and limitations of applicable law and taking into account other available money specifically authorized by the San Xxxx City Council and allocated and appropriated to the San Xxxx Clean Energy’s obligations, Buyer agrees to establish San Xxxx Clean Energy rates and charges that are sufficient to maintain revenues in the Special Fund necessary to pay its obligations under the ESSA and all of Buyer’s payment obligations under its other contracts for the purchase of energy for San Xxxx Clean Energy. Buyer’s payment obligations under the ESSA are special limited obligations of Buyer payable solely from the Special Fund and are not a charge upon the revenues or general fund of the City of San Xxxx or upon any non- San Xxxx Clean Energy moneys or other property of the Community Energy Department or the City of San Xxxx. Buyer shall provide Seller with reasonable access to account balance information with respect to the San Xxxx Clean Energy Designated Fund during the term of the ESSA.
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Examples of Appropriation of Funds in a sentence

  • Appropriation of Funds – Either Party may, at its option, terminate this Contract by providing sixty (60) days notice to the other Party if the State fails to appropriate for any State fiscal year sufficient funds to perform Department’s obligations under this Contract.

  • If funds are not appropriated for this Contract for any APS fiscal year, the Contract shall terminate automatically, without prior notice, after the last day for which funds were appropriated (see paragraph 34., Appropriation of Funds).

  • Appropriation of Funds is rewritten as follows: The State of Ohio’s funds are contingent upon the availability of lawful appropriations by the Ohio General Assembly.

  • Appropriation of Funds All payment obligations from public bodies under this Contract are subject to the availability of legislative appropriations at the federal, state, or local level for this purpose.

  • Subject to Section 14.3, Appropriation of Funds, any request by either Party for additional work or for changes in the manner or method of work performance, shall be made only by written amendment, which shall specify the part of the Agreement affected by the change.

  • Appropriation of Funds The Los Angeles City Council has appropriated Three Hundred Fifty Thousand Dollars ($350,000) for this Agreement.

  • FIRST NATIONS OF NAN – CANADA GOVERNANCE AIP DRAFT #15, MAY 11, 2009 PAGE 41 Funding Subject to Appropriation of Funds by Parliament 16.12 Funding provided by Canada under the Fiscal Transfer Agreement is subject to the appropriation of funds by the Parliament of Canada for that purpose.

  • Customer may not decrease Customer’s subscribed level of an IBM SaaS offering during a Subscription Period but may decrease in a subsequent Subscription Period, unless decrease is a result of Non- Appropriation of Funds.

  • To the extent possible, the provisions of this Article 7 shall govern a Party's non-appropriation of funds as set forth in subsection 5.6, Annual Appropriation of Funds.

  • Following District’s Governing Board’s approval of this Second Amendment, District will issue a Notice of District’s Appropriation of Funds and Intent to Enter Into a Construction Contract with Palisade (“Notice of Intent”), for construction of the Project for the Guaranteed Maximum Price described in Exhibit A.

Related to Appropriation of Funds

  • Fund of Funds means a registered investment company or series of a Fund which is managed and administered by Service Company and which invests substantially all of its assets in shares of two or more Funds (or series thereof).

  • freezing of funds means preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;

  • Appropriations means those funds appropriated from the general fund of the state and provided the division of soil conservation for funding the various incentive programs for soil erosion control.

  • Appropriation means an authorization granted by a legislative body to incur obligations and to expend public funds for a stated purpose.

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Event of Nonappropriation means a termination of this Facilities Agreement pursuant to

  • Deprivation of custody means transfer of legal custody by the court from a parent or the parents or a previous legal custodian to another person, agency, or institution.

  • Self-Administration of Medication means the individual manages and takes his or her own medication, identifies his or her medication and the times and methods of administration, places the medication internally in or externally on his or her own body without staff assistance upon written order of a physician, and safely maintains the medication without supervision.

  • Appropriation Act means an Act of Parliament or of a county assembly that provides for the provision of money to pay for the supply of services;

  • Administration of Medication means the act of placing a medication in or on an individual's body by a staff member who is responsible for the individual's care.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Segregation of Duties means the assignment of different people in the responsibility of authorising transactions, recording transactions and maintaining custody of assets with the intention of reducing the opportunities to allow any person to be in a position to both perpetrate and conceal fraud or error due to fraud in the normal course of their duties.

  • Eminent Domain means the taking of title to, or the temporary use of, the Project or any part thereof pursuant to eminent domain or condemnation proceedings, or by any settlement or compromise of such proceedings, or any voluntary conveyance of the Project or any part thereof during the pendency of, or as a result of a threat of, such proceedings.

  • appropriate Government means the Central Government;

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • Cost of Funds means, with respect to a Loan in an Alternative Currency, the actual cost to a Lender of funding or maintaining such Loan in the applicable currency from whatever source it may reasonably select for the relevant Interest Period.

  • Protected Account An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account.

  • Description of Notes means the “Description of the Notes” section of the Final Offering Memorandum.

  • Administration Account As defined in Section 7.02.

  • Misappropriation means that the Employee (i) uses Confidential Information (as defined below) for the benefit of anyone other than the Employers or an Affiliate, as the case may be, or discloses the Confidential Information to anyone not authorized by the Employers or an Affiliate, as the case may be, to receive such information; (ii) upon termination of employment, makes any summaries of, takes any notes with respect to or memorizes any Confidential Information or takes any Confidential Information or reproductions thereof from the facilities of the Employers or an Affiliate or (iii) upon termination of employment or upon the request of the Employers or an Affiliate, fails to return all Confidential Information then in the Employee’s possession. For the avoidance of doubt, “Misappropriation” does not include disclosure of Confidential Information to a governmental regulatory agency, such as the U.S. Securities and Exchange Commission, provided that the Employee informs the agency that the Employers and/or Affiliates deem the information to be confidential. “Confidential Information” shall mean any confidential and proprietary drawings, reports, sales and training manuals, customer lists, computer programs and other material embodying trade secrets or confidential technical, business, or financial information of the Employers or an Affiliate.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • Ladies and Gentlemen For value received, the undersigned beneficiary hereby irrevocably transfers to: ------------------------------ [Name of Transferee] ------------------------------ [Address of Transferee] all rights and obligations of the undersigned as Borrower under the Liquidity Agreement referred to above. The transferee has succeeded the undersigned as Subordination Agent under the Intercreditor Agreement referred to in the first paragraph of the Liquidity Agreement, pursuant to the terms of Section 8.1 of the Intercreditor Agreement. By this transfer, all rights of the undersigned as Borrower under the Liquidity Agreement are transferred to the transferee and the transferee shall hereafter have the sole rights and obligations as Borrower thereunder. The undersigned shall pay any costs and expenses of such transfer, including, but not limited to, transfer taxes or governmental charges. We ask that this transfer be effective as of _______________, ____. WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Subordination Agent, as Borrower By:_____________________________________ Name: Title:

  • Force Account means the use of the Recipient's own employees, equipment, or resources for the Project.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.