Common use of Drawdowns Clause in Contracts

Drawdowns. 1. The Lead Grantee may draw down Choice Neighborhoods Grant funds for a Budget Line Item (BLI) in an amount up to 100 percent of the amount of that BLI that HUD has approved and made available for drawdown.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Drawdowns. (1. ) The Lead Grantee may draw down Choice Neighborhoods Grant funds for a Budget Line Item (BLI) in an amount up to 100 percent of the amount of that BLI that HUD has approved and made available for drawdown.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Drawdowns. 1. The Lead Grantee may draw down Choice Neighborhoods Grant funds for a Budget Line Item (BLI) in an amount up to 100 percent of the amount of that BLI that HUD has approved and made available for drawdown.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.