RCGF Funds definition

RCGF Funds means that amount of the Grant Recipient's RCGF which the parties have agreed will be applied towards the Development Costs; Recover has the meaning set out in the Recovery Determination;
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RCGF Funds means that amount of the Grant Recipient's RCGF which the parties have agreed will be applied towards the Development Costs; Recalculated Grant Sum (RGS) means the result of the following calculation: RGS = Number of AHP Dwellings identified in the Named Project Details (excluding Nil Grant Units) × £28,000 (inclusive of any Fund Proceeds)
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Examples of RCGF Funds in a sentence

  • In consideration of the sum of £1 (receipt of which the GLA hereby acknowledges), the GLA has agreed to: make the Allocated Net Grant available to the Grant Recipient; and permit the Grant Recipient to use the Allocated RCGF Funds, to enable the Grant Recipient to provide the AHP Dwellings subject to and in accordance with the terms and conditions of this Agreement.

  • Where the reconciliation exercise carried out under Condition 12.8 confirms that the average of the actual grant paid and RCGF Funds used across the Named (Indicative) Projects delivered for a Tenure Type is more than the Average Grant Rate allocated to that Tenure Type (Grant Rate Default), the provisions of Condition 18.2.8 shall apply.

  • Where the reconciliation exercise carried out under Condition 12.9 confirms that the average of the actual grant paid and RCGF Funds used across the Named (Indicative) Projects delivered for a Tenure Type is more than the Average Grant Rate allocated to that Tenure Type (Grant Rate Default), the provisions of Condition 18.2.8 shall apply.

  • The Grant Recipient must pay the Recoverable Amount to the GLA within ten (10) Business Days of demand together with Interest such Interest to run from the date upon which the Named Project Grant (or relevant part thereof) overpayment or payment in error was paid to the Grant Recipient and/or the RCGF Funds were applied to the Named Project by the Grant Recipient until the date upon which the GLA receives the repayment required from the Grant Recipient under this Condition18.

  • In consideration of the sum of £1 (receipt of which the GLA hereby acknowledges), the GLA has agreed to: make the Allocated Net Grant available to the Consortium; and permit the Relevant Consortium Member to use the Allocated RCGF Funds, to enable the Consortium to provide the AHP Dwellings subject to and in accordance with the terms and conditions of this Agreement.

Related to RCGF 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).

  • Public funds means money belonging to the government.

  • own funds means the sum of Tier 1 capital and Tier 2 capital;

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

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

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

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.