Non-Appropriation of Funds definition

Non-Appropriation of Funds means, (a) with respect to any SLG Financing Contract, Program FM Stream Financing or Program EM Stream Financing the Obligor in respect of which is a State and Local Government Entity, that (i) the State and Local Government Entity that is the Obligor thereunder has not been granted an appropriation of funds at any time after the commencement of the term of such SLG Financing Contract, Program FM Stream Financing or Program EM Stream Financing in connection with the use by such State and Local Government Entity of the Equipment governed thereby or for equipment which is functionally similar to such Equipment, (ii) operating funds are not otherwise available to the State and Local Government Entity to make the payments that are due and to become due under such SLG Financing Contract, Program FM Stream Financing or Program EM Stream Financing, (iii) there is no other legal procedure or available funds by or with which such payments can be made and (iv) the non-appropriation did not result from an act or omission by such State and Local Government Entity, and (b) with respect to any Program Financing Contract or Program Stream Financing Agreement (other than any SLG Financing Contract), that (i) the Obligor thereunder has agreed, pursuant to one or more agreements with a State and Local Government Entity (collectively, the "Prime Agreement"), to provide for the lease or rental of the Equipment subject or related to such Program Financing Contract or Program Stream Financing Agreement (as applicable) to such State and Local Government Entity and (ii) such Prime Agreement is subject to non-appropriation of funds of the type described in clause (a) above.

Examples of Non-Appropriation of Funds in a sentence

  • Termination of the Agreement under this paragraph is to be considered Termination for Non-Appropriation of Funds.

  • II.9 Termination for Non-Appropriation of Funds If funds are not appropriated for any succeeding fiscal year subsequent to the one in which this Contract is entered into, for the purposes of this Contract, then PRTC may terminate this Contract upon thirty (30) days prior written notice to the Contractor.

  • Termination ofthe agreement arising from this RFP under this paragraph is to be considered Termination for Non-Appropriation of Funds.

  • II.8 Termination for Non-Appropriation of Funds If funds are not appropriated for any succeeding fiscal year subsequent to the one in which this Contract is entered into, for the purposes of this Contract, then the County may terminate this Contract upon thirty (30) days prior written notice to the Contractor.

  • As required by New Mexico law, the lease agreement with the CES Member or Participating Entity will need to contain a termination provision for Non-Appropriation of Funds.

  • Non-Appropriation of Funds - Any contract resulting from this Bid is subject to termination or cancellation, without penalty to TCEQ, ether in whole or in part, subject to the availability of State funds.

  • Termination for Non-Appropriation of Funds: BCPS may terminate this contact, in whole or in part due to insufficient funding with written notice to the vendor.

  • Termination Due to Non-Appropriation of Funds in Succeeding Fiscal Years - When funds are not appropriated or otherwise made available to support continuation of performance in a subsequent fiscal year, the contract shall be canceled and the contractor shall be reimbursed for the reasonable value of any non-recurring costs incurred but not amortized in the price of the supplies or services delivered under the contract.

  • Loss of funding and commitment of current revenue: Termination of the contract under this paragraph is to be considered Termination for Non-Appropriation of Funds.

  • Termination for Non-Appropriation of Funds: If funds are not appropriated for any succeeding fiscal year subsequent to the one in which this Project Agreement is entered into, for the purposes of this Project Agreement, then the SERVICE AUTHORITY may terminate this contract upon thirty (30) days prior written notice to the CONSULTANT.

Related to Non-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).

  • 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:

  • Assignment of Benefits means an arrangement whereby the Plan Participant assigns their right to seek and receive payment of eligible Plan benefits, in strict accordance with the terms of this Plan Document, to a Provider. If a provider accepts said arrangement, Providers’ rights to receive Plan benefits are equal to those of a Plan Participant, and are limited by the terms of this Plan Document. A Provider that accepts this arrangement indicates acceptance of an “Assignment of Benefits” as consideration in full for services, supplies, and/or treatment rendered.

  • 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 any voluntary conveyance of any part of the Project during the pendency of, or as a result of a threat of, such proceedings.

  • Emergency medical condition means a medical condition manifesting itself by acute symptoms of sufficient severity (including severe pain) so that a prudent layperson, who possesses an average knowledge of health and medicine, could reasonably expect the absence of immediate medical attention to result in a condition described in clause (i), (ii), or (iii) of section 1867(e)(1)(A) of the Social Security Act (42 U.S.C. 1395dd(e)(1)(A)). In that provision of the Social Security Act, clause (i) refers to placing the health of the individual (or, with respect to a pregnant woman, the health of the woman or her unborn child) in serious jeopardy; clause (ii) refers to serious impairment to bodily functions; and clause (iii) refers to serious dysfunction of any bodily organ or part.

  • Coordination of Benefits or “COB” means a provision establishing an order in which plans pay their claims, and permitting secondary plans to reduce their benefits so that the combined benefits of all plans do not exceed total allowable expenses.

  • 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.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • CREFC® Reconciliation of Funds Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Reconciliation of Funds Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

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

  • Internal confidentiality agreement or statement means a confidentiality agreement or any other written statement that the contractor requires any of its employees or subcontractors to sign regarding nondisclosure of contractor information, except that it does not include confidentiality agreements arising out of civil litigation or confidentiality agreements that contractor employees or subcontractors sign at the behest of a Federal agency.

  • Insurance and Condemnation Event means the receipt by any Credit Party or any of its Subsidiaries of any cash insurance proceeds or condemnation award payable by reason of theft, loss, physical destruction or damage, taking or similar event with respect to any of their respective Property.

  • Investment Decisions Investment, trading, lending or other financial decisions, strategies or recommendations with respect to Investments, whether on behalf of the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, or any Person on whose behalf the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, has discretion in connection with Investments.

  • Urgent medical condition means a condition that satisfies either of the following: