Allocated Funds Sample Clauses

Allocated Funds. “Allocated Funds” shall mean the funds awarded to the Participating State on account of this Allocation.
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Allocated Funds. “Allocated Funds” shall mean the funds awarded to the Participating Municipalities on account of this Allocation.
Allocated Funds. Payments by the District to the Foundation are subject to funds being appropriated by the District for the purpose of purchasing the services provided in this contract.
Allocated Funds. Loans and investments made with Allocated Funds will be made within the boundaries (city limits) of the Participating Municipalities and may be made outside of these boundaries if an Authorized Municipal Official (as hereinafter defined) warrants, in writing, in accordance with Section 4.4.(f) of the Allocation Agreement that that the loan or investment will result in significant economic benefit to the Participating Municipality. Eligible loans and investments will be made throughout these territories based upon the merits and without reference to the relative populations of the Participating Municipalities. Each Participating Municipality acknowledges and agrees that the availability of Allocated Funds under the Approved Municipal Programs to support business and investment in and/or near such Participating Municipality is expected to provide a direct benefit to such Participating Municipality, that the Approved Municipal Programs (as defined in Section 1.1 of the Allocation Agreement) could not be offered in each of the Participating Municipalities in the absence of the cooperative arrangement contemplated by the Allocation Agreement and this Agreement, and that no Participating Municipality is guaranteed that Allocated Funds will be loaned or invested in and/or near such Participating Municipality solely because such Participating Municipality is a party to the Allocation Agreement or a party hereto.
Allocated Funds. The District and MLA shall calculate a per pupil allocation (“Per Pupil Funding” or “PPF”) for each student enrolled at each MLA School based on the funding procedures to be determined in the manner set forth below. The District shall set aside for use by each MLA School the calculated amount for each pupil enrolled at the MLA School. District remains responsible for timely processing expenditures and payments out of MLA designated funds. MLA shall have authority to utilize PPF in a manner consistent with law and District shall expend and make payments of MLA PPF according to MLA direction or instructions. MLA intends to maximize the amount of PPF going toward the education of students at MLA Schools. MLA may be permitted to allocate a reasonable percentage of PPF to cover actual MLA administrative or other costs associated with operations of MLA and MLA Schools only if the relevant MLA School(s) and the Superintendent consent to such allocation. MLA will not so allocate any portion of PPF for the first year of this MOU. The amount of any allocation of PPF toward MLA administrative costs shall be agreed to and calculated collaboratively between the relevant MLA School(s), the Superintendent and MLA in a manner that is transparent and equitable. The funding methodology for the first year will represent an interim, simplified solution, and will be different than the methodology used for the following years of this MOU; the parties require additional time to fully develop, test, and agree to the methodology to be used to fund the MLA Schools for school years 2009-2010 and beyond. Through the course of the first year, and prior to the second year of operations, the details of the final funding methodology will be determined and agreed to by MLA and the District. In the first year the funding methodology will provide full transparency of both the revenues and expenses for the MLA Schools. In the first year, therefore, revenues will flow to each MLA School on a per-pupil calculation basis, based on an understanding of the mix of students and overall average daily attendance (“ADA”) of each MLA School. The extent of revenue set aside for each MLA School will be determined by the historical theoretical revenues and actual historical expenses of each MLA School. An agreed upon amount of Special Education revenues will be subtracted from the revenue set aside for each MLA School. Likewise, other encroachments which currently burden District schools will be subtracte...
Allocated Funds. Payment of Allocated funds will be in accordance with Schedule 1 of this Service Agreement.

Related to Allocated Funds

  • Unexpended Funds Grantee understands and agrees that funds which remain unexpended at the end of the term of the Agreement or upon termination of the Agreement shall be returned to the Commonwealth within sixty (60) days of the project’s ending date or termination date along with the submission of the Final Completion Report and/or Final Expenditure Report, depending on the applicable program requirements.

  • Collective Investment Vehicle An Investment Entity established in Finland that is regulated as a collective investment vehicle, provided that all of the interests in the collective investment vehicle (including debt interests in excess of $50,000) are held by or through one or more exempt beneficial owners, Active NFFEs described in subparagraph B(4) of section VI of Annex I, U.S. Persons that are not Specified U.S. Persons, or Financial Institutions that are not Nonparticipating Financial Institutions.

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.2 and 4.1.3 to the Trustees of the ETFO ELHT by the last day of each month from and after the Board’s Participation Date.

  • Sponsored, Closely Held Investment Vehicle An Estonian Financial Institution satisfying the following requirements:

  • Good Funds All amounts payable by the parties at Closing, including any loan proceeds, Cash at Closing 120 and closing costs, must be in funds that comply with all applicable Colorado laws, including electronic transfer funds, certified 121 check, savings and loan teller’s check and cashier’s check (Good Funds).

  • Member's Capital Accounts A Capital Account for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

  • Excess Funds Any party receiving funds paid by SBBC under this Agreement agrees to promptly notify SBBC of any funds erroneously received from SBBC upon the discovery of such erroneous payment or overpayment. Any such excess funds shall be refunded to SBBC.

  • Charitable Contributions Make any charitable or similar contributions, except in amounts not to exceed five thousand dollars ($5,000) individually, and twenty thousand dollars ($20,000) in the aggregate.

  • Member Nonrecourse Deductions Any Member Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deductions are attributable in accordance with Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(j)(1).

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

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