ARPA Funds Sample Clauses

ARPA Funds. The City agrees to provide the Subrecipient a total sum not to exceed $1,000,000 within 30 days of the effective date of this Agreement to be used for qualifying expenses under the Final Rule related to the development of a business incubator program on the condition that the funds are completely spent no later than December 31, 2024.
Sample 1Sample 2See All (6)
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ARPA Funds. The County agrees to provide to the Beneficiary a total dollar sum not to exceed $ 32,000.00 on a Advance Payment basis for eligible costs incurred during the period of March 3, 2021, through September 30, 2026 based on eligibility criteria outlined in Attachment D, Scope of Work.
Sample 1See All (6)
ARPA Funds. Prior to the Closing, Seller shall transfer to Girling Texas any unspent funds received by Girling Texas and, with respect to the Business, Odyssey, pursuant to ARPA. Any such amount that remains unspent as of the Calculation Time shall be treated as Restricted Cash. Following the Closing, Girling Texas shall remain or become, as applicable, solely responsible for compliance with applicable Law with respect to such unspent ARPA funds, and Seller and its Affiliates (excluding, following the Closing, the Transferred Subsidiaries) shall have no further Liability or responsibility with respect to performance of ARPA obligations or such unspent ARPA funds, which shall be treated as an Assumed Liability for all purposes hereunder.
Sample 1
ARPA Funds. The Parties acknowledge and agree that all terms and conditions outlined herein are subject to the Private Developers receiving a minimum of $4,000,000 in ARPA Funds from the State of Kansas. In the event that the ARPA Funds are not approved and received prior to construction commencement of Phase One, the City agrees to commit $3,000,000 in City collateral funding, subject to all limitations and restrictions of the Kansas Cash Basis Law and Kansas Budget Law, which shall be specifically used for public horizontal improvements surrounding the Hotel (from the river to the back of the curb on XxXxxx Blvd).
Sample 1
ARPA Funds. CITY agrees to provide the GRANTEE a total sum not to exceed the value of the Agreement to be Eligible Uses set forth in the Exhibit A (Scope of Work), conditioned on the requirement that such funds will be used or disbursed by GRANTEE to eligible subcontractors no later than December 31, 2024.
Sample 1
ARPA Funds. Allows payment of balance of Covid-based bonus up to $1,000.00 to employees who previously received less than $1,000.00. Must have been employed during relevant time.
Sample 1
ARPA Funds. The parties acknowledge and agree that the source of funds for this Agreement is a grant received under the American Rescue Plan Act (ARPA) and is subject to the required contract clauses consistent with the Federal Uniform Guidance requirements applicable to State and Local Fiscal Recovery Funds. These contract requirements are included as Attachment “C” and those terms are incorporated to this Agreement by reference. Owner: Consultant: By: By: Authorized Representative Authorized Representative Name: Title: Address: 000 Xxxx Xxxxx, Xxxx 000 Xxxxxxx, XX 00000 Name: Xxxxx X. Xxxxxxx Title: Principal Address: Telephone No: 000-000-0000 Date: Telephone No: (000) 000-0000 Date: 1/20/2023 Approved as to form by Xxxxx Xxxxxxx, Assistant County Counsel, Lincoln County, on 02.03.2023 Date: December 20, 2022 To: Xxxxx Xxxxxxxx, Lincoln County Commissioner (County) From: Xxxxx Xxxxxxx, PE, Principal, Civil West Engineering Services, Inc. (CWES) RE: Elk City Water System Master Plan (Plan) The purpose of this Scope of Services is to describe the approach and costs proposed by Civil West to complete a Water Master Plan (WMP) for the residences of Elk City (this system does not have a water system ID according to OHA website). Elk City operates a small water distribution system that draws water from Big Elk Creek. This work will evaluate the existing community water system and recommend any necessary improvements in order to provide safe drinking water. Within proximity of the water system is the Lincoln County Elk City Park with its own well and water system (Water System ID: OR 41-92041).
Sample 1
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ARPA Funds. The City agrees to make available to the Subrecipient a total sum not to exceed $360,000 of ARPA Funds, which shall be used to reimburse Subrecipient for work performed prior to the termination of this Agreement and in accordance with the Scope of Work, and as allowed pursuant to ARPA Funds allowable uses.
Sample 1
ARPA Funds. Full time employees hired on or prior to March 1, 2020 shall receive a one-time lump sum amount of ARPA Funds payment of $5,000.00. This amount shall not be retirement reportable and will not be included in the regular rate of pay for overtime purposes. This one-time payment shall be issued within two pay-periods of ratification of this agreement and City Council approval. • The First full pay-period following October 1, 2022, full time employees hired on or prior to October 25, 2021 shall receive a receive a one-time lump sum amount of ARPA Funds payment of $5,000.00. This amount shall not be retirement reportable and will not be included in the regular rate of pay for overtime purposes. Classic employees hired (and continuously employed by the City of Ceres) prior to June 30, 2018, shall be eligible for an additional 5% base wage increase, so long as the employees have received at least an overall rating of satisfactory on their most recent performance evaluation. This provision will not trigger an employee's right for a disciplinary appeal under the City MOU or personnel rules. Classic members who are picking up the additional employee contributions for retirement shall receive an additional 1.5% wage increase as longevity pay (each year of this agreement).
Sample 1

Related to ARPA Funds

  • Match Funds The goal of this subtask is to ensure that the Recipient obtains any match funds planned for this Agreement and applies them to the Agreement during the Agreement term. While the costs to obtain and document match funds are not reimbursable under this Agreement, the Recipient may spend match funds for this task. The Recipient may only spend match funds during the Agreement term, either concurrently or prior to the use of Energy Commission funds. Match funds must be identified in writing, and the Recipient must obtain any associated commitments before incurring any costs for which the Recipient will request reimbursement. • Prepare a Match Funds Status Letter that documents the match funds committed to this Agreement. If no match funds were part of the proposal that led to the Energy Commission awarding this Agreement and none have been identified at the time this Agreement starts, then state this in the letter. If match funds were a part of the proposal that led to the Energy Commission awarding this Agreement, then provide in the letter: o A list of the match funds that identifies: ▪ The amount of cash match funds, their source(s) (including a contact name, address, and telephone number), and the task(s) to which the match funds will be applied. ▪ The amount of each in-kind contribution, a description of the contribution type (e.g., property, services), the documented market or book value, the source (including a contact name, address, and telephone number), and the task(s) to which the match funds will be applied. If the in-kind contribution is equipment or other tangible or real property, the Recipient must identify its owner and provide a contact name, address, telephone number, and the address where the property is located. ▪ If different from the solicitation application, provide a letter of commitment from an authorized representative of each source of match funding that the funds or contributions have been secured. • At the Kick-off meeting, discuss match funds and the impact on the project if they are significantly reduced or not obtained as committed. If applicable, match funds will be included as a line item in the progress reports and will be a topic at CPR meetings. • Provide a Supplemental Match Funds Notification Letter to the CAM of receipt of additional match funds. • Provide a Match Funds Reduction Notification Letter to the CAM if existing match funds are reduced during the course of the Agreement. Reduction of match funds may trigger a CPR meeting. • Match Funds Status Letter • Supplemental Match Funds Notification Letter (if applicable) • Match Funds Reduction Notification Letter (if applicable)

  • Pre-Funding Account (a) No later than the Closing Date, the Securities Administrator shall establish and maintain a trust account which at all times shall be an Eligible Account and shall be titled “Pre-Funding Account, Xxxxx Fargo Bank, National Association, in trust for the registered holders of Deutsche Alt-A Securities, Mortgage Loan Trust, Series 2006-AR2, Mortgage Pass-Through Certificates” (the “Pre-Funding Account”). The Securities Administrator shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date by the Depositor. Funds deposited in the Pre-Funding Account shall be held in trust for the Certificateholders for the uses and purposes set forth herein. (b) The Securities Administrator will invest funds deposited in the Pre-Funding Account only as directed in writing by the Depositor (and such amounts shall not be invested if no direction is received by Securities Administrator) in Permitted Investments with a maturity date (i) no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the Securities Administrator or an Affiliate manages or advises such investment, (ii) no later than the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the Securities Administrator or an Affiliate manages or advises such investment or (iii) within one (1) Business Day of the Securities Administrator’s receipt thereof. For federal income tax purposes, the Depositor shall be the owner of the Pre-Funding Account and shall report all items of income, deduction, gain or loss arising therefrom. All income and gain realized from investment of funds deposited in the Pre-Funding Account shall be transferred to the Depositor. The Depositor shall deposit in the Pre-Funding Account the amount of any net loss incurred in respect of any such Permitted Investment immediately upon realization of such loss without any right of reimbursement therefor. At no time will the Pre-Funding Account be an asset of any REMIC created hereunder. (c) Amounts on deposit in the Pre-Funding Account shall be withdrawn by the Securities Administrator as follows: (i) On any Subsequent Transfer Date, the Securities Administrator shall withdraw from the Pre-Funding Account an amount equal to 100% of the Principal Balances of the related Subsequent Loans as of the Subsequent Cut-Off Date, transferred and assigned to the Trustee for deposit in the Trust Fund on such Subsequent Transfer Date and pay such amount to or upon the order of the Depositor upon satisfaction of the conditions set forth in Section 2.6 with respect to such transfer and assignment; (ii) If the amount on deposit in the Pre-Funding Account (exclusive of any investment income therein) has not been reduced to zero during the Pre-Funding Period, on the Distribution Date immediately following the termination of the Pre-Funding Period, the Securities Administrator shall deposit into the Distribution Account any amounts remaining in the Pre-Funding Account (exclusive of any investment income therein) for distribution in accordance with the terms hereof; (iii) To withdraw any amount not required to be deposited in the Pre-Funding Account or deposited therein in error; and (iv) To clear and terminate the Pre-Funding Account upon the earlier to occur of (A) the Distribution Date immediately following the end of the Pre-Funding Period and (B) the termination of this Agreement, with any amounts remaining on deposit therein being paid to the Holders of the Class A Certificates then entitled to distributions in respect of principal. Withdrawals pursuant to clauses (i), (ii) and (iii) shall be treated as contributions of cash to REMIC I on the date of withdrawal.

  • Company Funds All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

  • 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.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Funds On sales of Class A shares and Class 529-A shares of Funds listed in Category 1 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid dealer concessions as follows: Less than $25,000 5.00% 5.75% $25,000 but less than $50,000 4.25% 5.00% $50,000 but less than $100,000 3.75% 4.50% $100,000 but less than $250,000 2.75% 3.50% $250,000 but less than $500,000 2.00% 2.50% $500,000 but less than $750,000 1.60% 2.00% $750,000 but less than $1,000,000 1.20% 1.50% $1,000,000 or more See below None

  • Category 2 Funds On sales of Class A shares and Class 529-A shares of Funds listed in Category 2 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid the same dealer concessions indicated above except as follows: Less than $100,000 3.00% 3.75%

  • Partnership Funds Pending application or distribution, the funds of the Partnership shall be deposited in such bank account or accounts, or invested in such interest-bearing or non-interest bearing investment, including, without limitation, checking and savings accounts, certificates of deposit and time or demand deposits in commercial banks, U.S. government securities and securities guaranteed by U.S. government agencies as shall be designed by the General Partner. Such funds shall not be commingled with funds of any other Person. Withdrawals therefrom shall be made upon such signatures as the General Partner may designate.

  • Escrow Funds To provide for the timely payment of any post-closing claims by Buyer against Seller hereunder, at Closing, Seller shall deposit an amount equal to One Hundred Fifty Thousand and No/100 Dollars ($150,000.00) (the “Escrow Funds”) which shall be withheld from the Purchase Price payable to Seller and shall be deposited for a period of one (1) year in an escrow account with the Title Company pursuant to an escrow agreement reasonably satisfactory in form and substance to Buyer and Seller (the “Post-Closing Agreement”), which escrow and Post-Closing Agreement shall be established and entered into at Closing and shall be a condition to Buyer’s obligations under this Contract. All earnings accrue to Seller and Seller may direct investment thereof. If no claims have been asserted by Buyer against Seller, or all such claims have been satisfied, within such 1-year period, the Escrow Funds deposited by Seller shall be released to Seller.

  • Escrowed Funds Upon receipt of the Escrowed Funds, the Escrow Agent shall hold the Escrowed Funds in escrow pursuant to the terms of this Agreement. Until such time as the Escrowed Funds shall be distributed by the Escrow Agent as provided herein, the Escrowed Funds shall be deposited by the Escrow Agent in an interest bearing account or as may otherwise be directed by the Corporation in writing. The Escrow Agent shall be entitled to sell or redeem any investment of the Escrowed Funds as necessary to make any distributions required under this Agreement and shall not be liable or responsible for any loss resulting from any such sale or redemption. Interest, if any, resulting from any investment of the Escrowed Funds shall be retained by the Escrow Agent, and shall be distributed according to this Agreement.

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