Funding Adjustments. Funding Adjustments may be made for the following reasons and in the following manner:
Funding Adjustments. The amount of funding provided with respect to any Property in the Minimum Estimated Property Funding Account and Reserve Property Funding Account shall be reduced on the Effective Date to reflect actual expenditures by the Debtors at the Property for third party contractor costs for Environmental Actions at the Property (1) that were paid by Debtors between July 1, 2010, and October 31, 2010, except to the extent already credited under Attachment A, provided that the costs for which the Debtors are seeking reduction were approved in writing by the Lead Agency (including approval of an estimate of such costs), and (2) any actual expenditures by the Debtors at the Property for third party contractor costs for Environmental Actions with respect to a Property between November 1, 2010 and the Effective Date will be a reduction provided that such costs were pre-approved in writing by the Lead Agency (including pre-approval of an estimate of such costs). In no event shall any reductions be made for Environmental Actions performed by Debtors between July 1, 2010, and the Effective Date that exceed either the cost for them in the Property’s Minimum Estimated Property Funding Account or Reserve Property Funding Account or any approval or pre-approval of such costs. Following completion of any such Environmental Action and payment thereof, Debtors shall provide documentation to the Lead Agency of the exact amount of the expenditure. In no event shall reductions be made for expenditures of Debtors that are not reimbursements of expenditures for and payments to third party contractors. In no event shall reductions be made for expenditures of Debtors on any property that is not related to a Property set forth on Attachment A hereto. Any reductions or payments under this Paragraph are subject to the approval in writing of the Lead Agency that the reductions or payments are consistent with this Paragraph. Any disputes under this Paragraph shall be resolved by the Bankruptcy Court.
Funding Adjustments. Whenever the XXX determine that:
(a) The local sponsor’s share of the project cost to date, including cash and credits granted under Section 5.c(2)(c), is less than the required 25% (15% after the Conservation Plan is approved, except 5th and 6th PPL projects for which the percentage is 10%) of the total project cost to date; and/or
(b) The local sponsor has paid in cash less than the required 5% of the total project cost to date; and
(c) Insufficient funds for the project are on deposit in the escrow account to cover the deficit; then the XXX will inform both the local sponsor and the federal sponsor of the deficiency and request that the local sponsor deposit into the escrow account or send a check for the necessary funds.
Funding Adjustments. As of the effectiveness of this Amendment (and after giving effect to any adjustments of Commitments effected by the amendment of Schedule II to the Credit Agreement), if the aggregate outstanding Loans of any Bank are less than or exceed such Bank's Ratable Portion of all outstanding Loans, such Bank shall forthwith on such date make an additional Loan hereunder (in the case of a deficiency), or, the Borrower shall repay such Bank's Loans (in the case of an excess) in such amount as shall be necessary to cause such Bank's Loans thereafter to equal its Ratable Portion of all outstanding Loans on the date hereof.
Funding Adjustments. The initial funding of the Charter School in each academic year shall be based on the number of students set forth in the Charter School’s “Proposed Budget,” as set forth in Paragraph 4.3(B). The parties agree that it is their intent that the funding of the Charter School shall be based directly on the funding received by the District for the Charter School Students. Accordingly, the District shall adjust the funding to reflect the actual funded student count (as determined by the funded pupils at JRCS on the official count date, which is currently October 1) as compared to the estimated student count used at the beginning of the school year and regardless of whether students transfer from the District to the Charter School or the Charter School to the District subsequent to such count date. Such adjustments may include, without limitation, an adjustment to reflect the results of a change in pupil count resulting from District or CDE audit. In addition, to the extent the District experiences any reduction in state equalization support by a legislative rescission or other action, proportionate reductions will be made to the Charter School funding herein by adjustment or set off in subsequent months. Further, if any significant alteration is made to the Finance Act, the parties shall be required to reexamine and renegotiate in good faith the funding of the Charter School to take into consideration the changes in the Finance Act. The parties recognize and understand that under the current version of the Finance Act, neither the Charter School nor the District will receive funding for students in the year of enrollment if the student first enrolls in the Charter School or the District after the October 1 count date.
Funding Adjustments. A. DCFS reserves the right to make adjustments to previously approved amounts, as necessary, based on updated eligibility ratios and will notify County of the amount of such adjustments.
B. County shall make any required payments to DCFS as a result of overpayments, unallowable cost reimbursements, and/or ineligible administrative claims on behalf County. If overpayments, unallowable costs, and/or ineligible administrative are discovered through any means, County shall reimburse DCFS for any unallowable expenditure. DCFS reserves the right to terminate this Agreement immediately for cause should County fail to reimburse DCFS for unallowable expenditures. County repayments will be made as described in this Agreement.
C. County shall repay DCFS all Title IV-E reimbursement funds DCFS pays to County for ineligible administrative claims, retroactive to the earliest date of ineligibility. County has a continuing obligation to notify DCFS immediately when it is discovered a child has become ineligible for Title IV-E funding.
i. County shall pay DCFS any required amount due to overpayments, unallowable costs, and/or ineligible administrative claims within 60 calendar days of the date of written notice from DCFS.
ii. If County fails to pay DCFS for overpayments, unallowable costs, and/or ineligible administrative claims timely, DCFS may, without further notice, withhold funds from this Agreement until arrearage is satisfied.
Funding Adjustments. Acting in the interest of the State of California, the TAC reserves the right to amend elements of the proposal, including the budget and the requested funds. Though not an exhaustive list, the TAC may adjust the budget for the following reasons: ● TEU Container Volume: These are the “guiding light” for the total amount that can be awarded to a port as a proportion of the five containerized California ports. If the requested amount for a single port is not proportional to 2022 TEU container volume compared to the other ports, an adjustment may be warranted. ● Demonstrated Data Need: The TAC will consider if the proposed budget is appropriate to the actual needs of the port and in line with the overall needs of the California cargo shipping ecosystem. A higher demonstrated data need in comparison to other ports may increase the total awarded amount in order to ensure success of the project and aid adoption.
Funding Adjustments. If, and to the extent applicable or available, for the Mortgage Loan, the escrow deposits, Net SRP and any holdbacks required by Servicer.
Funding Adjustments. If, during the term of this Grant Agreement, additional funds become available to provide additional or expanded services or activities under the scope of this Grant Agreement, the Department may advise the Grantee, in writing, of the availability and purpose of such funds. The Department also will inform the Grantee of any additional conditions or requirements of the additional funds. The Grantee hereby agrees to accept the funds for the stated purpose and agrees to use the additional funds as stated by the Department. With the addition of funds to the grant agreement, the Department may issue a revised Work Statement or require the Grantee to provide the Department with a written Work Statement detailing the manner in which Grantee will use the additional funds in accordance with the stated requirements.
Funding Adjustments. PennDOT will adjust the encumbrance of funds to pay Service Provider upon the computation of the annual payment, amendments to Snow Lane Miles and payment adjustments described in this Section of the Agreement.
