Governmental Fund Clause Samples

A Governmental Fund clause defines the establishment and management of a fund by a government entity for specific public purposes. This clause typically outlines how the fund is created, the sources of its financing (such as taxes, grants, or appropriations), and the rules governing its use and oversight. For example, it may specify that the fund is dedicated to infrastructure projects or public health initiatives, and detail reporting requirements to ensure transparency. The core function of this clause is to ensure that public monies are allocated and used in a controlled, accountable manner for designated governmental objectives.
Governmental Fund. General Fund Notes to the Basic Financial Statements (Continued) Fiscal Years Ended June 30, 2019 and 2018 Note 1: Nature of Business and Significant Accounting Policies (Continued) Governmental Fund – General Fund (Continued) Environmental Mitigation Contributions
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Governmental Fund. General Fund Note 1: Nature of Business and Significant Accounting Policies (Continued) Governmental Fund – General Fund (Continued) Environmental Mitigation Contributions
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Related to Governmental Fund

  • Governmental Consents No permit, consent, approval or authorization of, or declaration to or filing with, any governmental authority is required in connection with the execution, delivery and performance by the Company of this Agreement or the consummation by the Company of any other transactions contemplated hereby.

  • Governmental Compliance The Tenant Improvements shall comply in all respects with the following: (i) the Code and other state, federal, city or quasi-governmental laws, codes, ordinances and regulations, as each may apply according to the rulings of the controlling public official, agent or other person; (ii) applicable standards of the American Insurance Association (formerly, the National Board of Fire Underwriters) and the National Electrical Code; and (iii) building material manufacturer’s specifications.

  • Governmental Entity “Governmental Entity” shall mean any federal, state, local or foreign court, arbitral tribunal, administrative agency or commission or other governmental or regulatory authority or administrative agency.

  • Governmental Consents, etc No authorization, consent, approval, license or exemption of or registration, declaration or filing with any Governmental Authority, is necessary for the valid execution and delivery of, or the incurrence and performance by the Company of its obligations under, any Loan Document to which it is a party, except those that have been obtained and such matters relating to performance as would ordinarily be done in the ordinary course of business after the Execution Date.

  • Governmental Consent No governmental orders, permissions, consents, approvals or authorizations are required to be obtained by the Company that have not been obtained, and no registrations or declarations are required to be filed by the Company that have not been filed in connection with, or, in contemplation of, the execution and delivery of, and performance under, the Transaction Documents, except for applicable requirements, if any, of the Securities Act, the Exchange Act or state securities laws or “blue sky” laws of the various states and any applicable federal or state banking laws and regulations.