Obligated funds definition

Obligated funds means those moneys that are set aside out of the district’s allocation or by the division for payment to a landowner after the commissioners have approved an application for financial incentives.
Sample 1Sample 2Sample 3
Obligated funds means monies from a conservation district's allocated funds that have been committed to a participant after approval of the application by the district board..
Sample 1Sample 2Sample 3
Obligated funds means funds encumbered via a signed (dispatched) purchase order/contract for the purchase of construction, maintenance and repair, commodities and/or services. The purchase order/contract is a legal liability that must be paid upon satisfactory completion of and acceptance of work or delivery.
Sample 1

Examples of Obligated funds in a sentence

  • Obligated funds remain available for expenditure until September 30, 2022.

  • Obligated funds are those funds for which goods or services have been ordered or received, but which have not been disbursed.

  • Obligated funds remain available for expenditure until September 30, 2020.

  • Obligated funds remain available for expenditure until September 30, 2024.

  • Obligated funds remain available for expenditure until September 30, 2021.

  • Obligated funds remain available for expenditure until September 30, 2019.

  • Effective Date: 11/28/2016 Obligated funds must be deobligated when a determination is made that the funds are no longer needed for the purposes for which they were obligated.

  • Confirmation, at a minimum, is to be in the form of a countersignature by the confirming physician.

  • Obligated funds planned for project development which remain after all authorized costs have been provided for will be disposed of in accordance with § 1942.17(p)(6) of this subpart.

  • Obligated funds remain available for expenditure until September 30, 2025, except that HUD may establish an earlier expenditure deadline through a grant agreement (see below).

Related to Obligated funds

  • Related Funds means with respect to any Lender that is an Approved Fund, any other Approved Fund that is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

  • Related Fund means, with respect to any Lender that is an investment fund, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Consolidated Fund means the Consolidated Fund established by this Constitution;

  • Consolidated Funded Debt means Funded Debt of the Consolidated Group determined on a consolidated basis in accordance with GAAP applied on a consistent basis.

  • Consolidated Funded Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a Consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all purchase money Indebtedness; (c) the maximum amount available to be drawn under issued and outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (f) above of Persons other than the Borrower or any Subsidiary; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary.

  • Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Consolidated First Lien Debt means, as to any Person at any date of determination, the aggregate principal amount of Consolidated Total Debt outstanding on such date that is secured by a first priority Lien on any asset or property of such Person or its Restricted Subsidiaries that constitutes Collateral.