Matching Funds Requirements Sample Clauses

Matching Funds Requirements. Grantee is required to contribute a match towards the Project that is a minimum of percent ( %) of the total Project cost and is required to disclose the source of those funds in Exhibits D Attachment 4, and Exhibit O.
AutoNDA by SimpleDocs
Matching Funds Requirements. Grantee is required to contribute a match towards the Project that is a minimum of percent ( %) of the total Project cost and is required to disclose the source of those funds. In submitting an Application for Disbursement (Exhibit D), Grantee must certify that it has sufficient funds to satisfy its percent ( %) match.
Matching Funds Requirements. Except as noted herein, when the application is submitted, the awardee must provide or demonstrate available cash reserves equal to the required match at the time of award.
Matching Funds Requirements. Grantee is required to contribute a match towards the Project that is a minimum of fifty percent (50%) of the total Project cost.
Matching Funds Requirements. The Administration on Aging grant requires cash matching funds totaling approximately 15% of the overall REACH program budget. Some of these funds will be supplied by the City in the form of a) the City’s contribution of administrative services; b) rent and occupancy costs for REACH’s office at 000 Xxxx Xx., Xxxxx 0, Xxxxxxxxxx, until such time as the office is no longer paid for by the City’s current insurance coverage; c) contributions to staff training and software development from Time Banks USA, d) matching funds committed by contract from Faith in Action. Match funds provided by COVE and/or received by COVE on behalf of REACH will be documented for the City at time of invoicing, and will be reimbursed to COVE in addition to the federal funds paid, on the schedule described above. Documentation of material in-kind donations will be required at each quarter.

Related to Matching Funds Requirements

  • Matching Funds The Recipient shall, at a minimum, contribute not less than twenty-five percent (25%) of the total Cost of Project as set forth in Appendix D of this Agreement. The Matching Funds shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement. In the event that the total actual Project costs exceed the estimated Cost of Project identified in Appendix D, the OPWC shall not be required to increase the maximum amount of the grant provided herein and the Recipient shall increase its Matching Funds to meet such actual Cost of Project.

  • Eligibility Requirements The Trustee hereunder shall at all times (i) be a corporation or association having its principal office in a state and city acceptable to the Seller, organized and doing business under the laws of such state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, or shall be a member of a bank holding system, the aggregate combined capital and surplus of which is at least $50,000,000, provided that its separate capital and surplus shall at all times be at least the amount specified in Section 310(a)(2) of the Trust Indenture Act of 1939, (ii) be subject to supervision or examination by federal or state authority and (iii) have a credit rating or be otherwise acceptable to the Rating Agencies such that neither of the Rating Agencies would reduce their respective then current ratings of the Certificates (or have provided such security from time to time as is sufficient to avoid such reduction) as evidenced in writing by each Rating Agency. If such corporation or association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section the combined capital and surplus of such corporation or association shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.08.

  • Uniform Administrative Requirements A. Contractor, if a governmental entity or public agency, shall comply with the requirements and standards of OMB Circular No. A-87, “Principles for Determining Costs Applicable to Grants and Contracts with State, Local and Federally Recognized Indian Tribal Governments”, OMB Circular A-133, “Audits of State, Local Governments and Non-Profit Organizations”, and applicable sections of 24 CFR §85 “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments”, as set forth in 24 CFR §570.502(a).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!