Fund Distribution Clause Samples

Fund Distribution. Funds awarded will be distributed in accordance with the disbursement schedule attached as Exhibit A to the Grant Agreement.

Fund Distribution. Conduct an annual volunteer citizen review panel (Allocation Committee) and fund distribution process. Agencies shall be eligible to apply for and receive undesignated campaign funds during this period.

Fund Distribution. (a) Notwithstanding anything to the contrary in the Amended and Restated Limited Partnership Agreement of the Fund, dated as of April 9, 2009 (the “Fund Agreement”), the Fund shall permit the Investor and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ to withdraw from their respective capital accounts, and shall distribute to them, on or prior to April 15, 2010, the following amounts: (i) $ 9 million to the Investor; and (ii) an amount equal to his entire capital account balance, to ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇. Such withdrawals shall be at a valuation based upon the net asset value of the Fund as of the end of the month immediately prior to such withdrawal; provided that no unamortized organizational costs of the Fund will be deducted from amounts required to be distributed to the Investor and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ pursuant to this Section 2.5(a). (b) Notwithstanding anything to the contrary in the Fund Agreement and/or the GP Agreement, on or subsequent to the date on which the Investor receives its $9 million distribution pursuant to Section 2.5(a) above, DLC GP shall be permitted to (i) withdraw an amount equal to the entire portion of its capital account balance attributable to DLM’s investment in DLC GP, and (ii) distribute such amount to DLM. Any unamortized organizational costs of the Fund shall be allocated between DLC GP and the Investor (in respect of the Investor’s remaining capital account balance after its withdrawal from its capital account pursuant to Section 2.5(a) above) in the manner set forth in the Fund Agreement.

Fund Distribution. Conduct an annual volunteer citizens’ review panel fund distribution process. Participating agencies shall be eligible to apply for and receive undesignated campaign funds during this process. CEUW reserves the right to direct funds to a specific program or programs within the agency. Maintain responsible stewardship on behalf of contributors, participating agencies and the community at large by making information about community investments available to the public.

Fund Distribution. Implement an annual Citizen Review Committee process to allocate funds transparently and responsibly.

Fund Distribution. At that time, Oakland Schools will notify each Resident District of its estimated Act 18 Fund allocation. The Act 18 Fund allocation is an estimate, subject to revision.

Fund Distribution. (i) Within fifteen (15) days following _________________ 2001, Holding Company shall deliver to the Stockholder and the Escrow Agent a written report of all claims for indemnification under the Agreement which it has as of such date (whether or not Holding Company has previously provided an Indemnification Notice with respect to any such claim) (the "Distribution Report"). The Distribution Report shall constitute an Indemnification Notice for the purposes of Section 4 of this Agreement. (ii) As soon as practicable after _______, 2001, (the "Distribution Date") and subject to the other provisions of this Section 6, the Escrow Agent shall distribute the Escrow Fund not used to satisfy claims, as provided below, to the Stockholder. (iii) Notwithstanding the above, however, if any claims for indemnification under the Agreement (of which the Stockholder and the Escrow Agent have received an Indemnification Notice on or before the Distribution Date or which were identified in the Distribution Report) remain pending on the Distribution Date, and the amount reflected in either such notice has not been paid to UNITED FINANCIAL/FIRST SECURITY THIRD AMENDMENT Holding Company, then the Escrow Agent shall withhold in the Escrow Fund an amount equal to such pending claims. (iv) Subject to Section 7 hereof, all amounts in the Escrow Fund on the Distribution Date in excess of such pending claims shall be immediately distributed to the Stockholder. (v) For purposes of determining the number of Shares to be delivered to the Stockholder or retained in the Escrow Fund following the Distribution Date, all Shares held in the Escrow Fund shall be valued as provided in Section 5.

Fund Distribution. The County shall distribute funds received under CDBG Act and the HOME Act for fiscal years 2016/17 and 2017/18 or the forty-third, and forty-fourth program years for the undertaking of essential community development and housing assistance activities throughout the Urban County. The County shall distribute funds within the City received under the CDBG Act and the HOME Act if essential community development and housing assistance activities are to be undertaken within the territorial limits of the City. The County cannot guarantee the specific proportion of funds that will be distributed within the jurisdictional boundaries of the City of Richmond in any given year. The County and subrecipient under Section 24 CFR 570.503 of the program regulations are required to enter into a written agreement to implement activities prior to disbursement of any CDBG funds.

Fund Distribution. The fund consists of a flow through fund and an endowment fund: the endowment will be invested and accessible once the flow through funding has been fully drawn down, which is predicted to be 2024/25. For both funds CAMK will prepare an Annual Service Plan* for MKCF by 31st October each year. This will be signed off at the first available Philanthropy and Grants Committee meeting after the service plan submission which will normally be within 6 weeks but no later than 31st December. MKCF will provide written approval of the fund allocation for the following year by the 7th January. Release of the funds will be within 4 weeks of the confirmation and no later than 31st March each year. 31 Oct CAMK Submit Annual Service Plan to MKCF On or Before 31 Dec MKCF Philanthropy and Grants Committee have met to sign off Annual Service Plan On or Before 7 Jan MKCF write to confirm approval of Grant Allocation for next financial year On or Before 31 Mar MKCF transfer funding to CAMK for the following financial year The Flow Through Fund is transferred from MKC with an initial £500,000.00 and will be available to draw down as follows: For the financial year 2020/2021, CAMK will be able to access the funds once MKCF have received the monies from MKC. The work plan is already agreed with MKC for the financial year 2020/2021. From 2021/2022 onwards, access to the funds is via the production of an annual service plan which evidences the work carried out in the previous year and forward plans that met the criteria of the fund.