Funding Certification Sample Clauses
A Funding Certification clause requires a party, typically a government entity or grant recipient, to formally confirm that sufficient funds are available and authorized for the obligations under the agreement. In practice, this means that before entering into a contract or making financial commitments, the responsible party must verify and often document that the necessary budget or funding has been allocated. This clause helps prevent unauthorized spending and ensures that contractual commitments are financially supported, thereby reducing the risk of non-payment or contract breaches due to lack of funds.
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Funding Certification. If an Advance is requested to be made on the Closing Date, the Agent and the Lenders shall have received a fully executed Funding Certification, together with the Borrower's initial Borrowing Base Certificate.
Funding Certification. A report delivered by the Administrator in respect of each Funding Date pursuant to Section 4.3(a).
Funding Certification. The execution of this Agreement shall serve as certification by DOTD of the availability of funds sufficient to fulfill the requirements of the Agreement, as of the date written above. Nonetheless, the continuation of this agreement is subject to the conditions of Article IX herein.
Funding Certification. The Trustee shall maintain at its address referred to in Section 9.7 a copy of each Funding Certification delivered to it.
Funding Certification. During the contract year, on a quarterly basis, the Board of County Commissioners, County Administrator, or other official or employee authorized to sign for the County shall certify to KDHE/DHCF on a form provided by KDHE/DHCF (Attachment C - Certification of Non-Federal Match Form) or duplicate thereof, that it has expended or will expend $920,000 as matching funds required to match the FFP for this contract and that both federal and matching funds have been or will be expended for the purposes specified herein. In the event that the County expends more or less than $230,000 in any one or more quarters, the County may seek reimbursement of the actual amount expended in that quarter or those quarters. The amount reimbursed in any one contract year shall not exceed $920,000 unless this contract is changed by amendment hereto. This form should be submitted to KDHE/DHCF for expenditures incurred in each calendar quarter (Ex: Jan-Mar, April-Jun, July-Sept, Oct-Dec).
Funding Certification. At such time as any Purchaser shall --------------------- extend, increase, terminate or reduce the amount of its right or commitment, as the case may be, to fund a portion of the Series 1998-1 Invested Amount, whether pursuant to the Certificate Purchase Agreement or any assignment thereunder, such Purchaser and the Company shall certify to the Trustee the resulting amount of such Purchaser's right or commitment, as the case may be by delivery to the Trustee of a certificate in substantially the form of Exhibit E hereto (a "Funding Certification"); provided, however, that in the case of any voluntary --------------------- -------- ------- reduction or termination by the Company of any such right or commitment of a Purchaser consistent with the terms of the Certificate
Funding Certification. 31 ---------------------
Funding Certification. 22 SECTION 2.7. Interest; Fees................................................... 23 SECTION 2.8. Indemnification by the Company and the Servicer.................. 24 ARTICLE III OF THE AGREEMENT........................................................ 26 SECTION 3C.2. Establishment of Trust Accounts................................. 26 SECTION 3C.3.
Funding Certification. 5.2.1. On acceptance of the cost estimate by a DoD Component in section III of the DD Form 2647, the RMO, RE&F, shall indicate that the project is accepted and will be performed by RE&F, WHS, by the following: