IFA Budgeting and Appropriations Sample Clauses

IFA Budgeting and Appropriations. 10.2.4.1 On or before the first day of August of each even numbered year, IFA shall prepare an annual budget forecast for the ensuing two (2) Fiscal Years which shall set forth in reasonable detail (i) Maximum Availability Payment for each such Fiscal Year; (ii) the estimated amount of additional payments owed under this Agreement, including Termination Compensation and payments with respect to Relief Events for such Fiscal Years; (iii) the amount of funds to be appropriated to the Department to make the payments to IFA under the Use Agreement; and (iv) the amount of funds to be appropriated to IFA to make the payments to Developer under this Agreement. 10.2.4.2 As soon as available after the end of each session of the General Assembly during an odd numbered year, but in any event prior to the beginning of the ensuing Fiscal Year, IFA shall adopt annual budgets for each of the ensuing two (2) Fiscal Years in such Biennium which shall set forth in reasonable detail (i) the Maximum Availability Payment for each such Fiscal Year; (ii) the estimated amount of additional payments owed under this Agreement, including Termination Compensation and payments with respect to Relief Events for such Fiscal Years(iii) the actual amount of funds appropriated for each such Fiscal Year to the Department to make the payments to IFA under the Use Agreement; and (iv) the amount of funds appropriated to IFA for each Fiscal Year to make the payments to Developer under this Agreement. 10.2.4.3 If the proposed annual budget forecast for any Fiscal Year forecasts a deficiency in the amount necessary to make the payments described in (i) through (iv) of Section 10.2.4.2, then IFA shall cause a budget request to be made at the next session of the General Assembly to cure such deficiency. 10.2.4.4 IFA shall establish the payments to be made by the Department under the Use Agreement for each Fiscal Year in an amount which is expected to be at least equal to the Maximum Availability Payment for such Fiscal Year. Prior to the onset of each Fiscal Year, IFA shall review the use payments so established and promptly establish or revise such use payments as necessary to comply with the foregoing requirements.
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Related to IFA Budgeting and Appropriations

  • Annual Appropriations The State’s performance and obligation to pay under this contract are contingent upon an annual appropriation by the Legislature.

  • Fiscal Appropriations This Contract is subject to and contingent upon available local, state, and/or federal funds and applicable budgetary appropriations being approved by the County of Orange Board of Supervisors for each fiscal year during the term of this Contract. If such appropriations are not approved, the Contract will be terminated, without penalty to the County.

  • Appropriations Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents have been irrevocably paid in full, each Finance Party (or any trustee or agent on its behalf) may: (a) refrain from applying or enforcing any other moneys, security or rights held or received by that Finance Party (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and no Guarantor shall be entitled to the benefit of the same; and (b) hold in an interest-bearing suspense account any moneys received from any Guarantor or on account of any Guarantor’s liability under this Clause 17.

  • General Assembly Appropriation The Recipient hereby acknowledges and agrees that the financial assistance provided under this Agreement is entirely subject to, and contingent upon, the availability of funds appropriated by the General Assembly for the purposes set forth in this Agreement and in Chapter 164 of the Revised Code. The Recipient further acknowledges and agrees that none of the duties and obligations imposed by this Agreement on the Director shall be binding until the Recipient has complied with all applicable provisions of Chapter 164 of the Revised Code and Chapter 164-1 of the Administrative Code and until the Recipient has acquired and committed all funds necessary for the full payment of the Matching Funds applicable to the Project.

  • Student Evaluations Student evaluations shall be completed by the end of the 12th week of the Fall semester.

  • STUDENTS AND APPRENTICES Payments which a student or business apprentice who is or was immediately before visiting a Contracting State a resident of the other Contracting State and who is present in the first-mentioned State solely for the purpose of his education or training receives for the purpose of his maintenance, education or training shall not be taxed in that State, provided that such payments arise from sources outside that State.

  • Authorization of appropriations For the acquisition of lands or interests in lands designated by section 410z of this title, as components of the Boston National Historical Park, there is authorized to be appropriated not to exceed $2,740,000. For development of the com- ponents designated as paragraphs 1 through 6 in section 410z of this title, there is authorized to be appropriated not more than $12,818,000. For the development of the component designated as paragraph 7 in section 410z of this title, there is authorized to be appropriated not more than $11,500,000. (Pub. L. 93–431, § 7, Oct. 1, 1974, 88 Stat. 1186.) SUBCHAPTER LVIII—VALLEY FORGE NATIONAL HISTORICAL PARK

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  • Annual Appropriation Pursuant to section 287.0582, F.S., if the Contract binds the State of Florida or an agency for the purchase of services or tangible personal property for a period in excess of one fiscal year, the State of Florida’s performance and obligation to pay under the Contract is contingent upon an annual appropriation by the Legislature.

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