Principle of Amount Sample Clauses

Principle of Amount. The basis of the appropriations principle of amount is the Anti-Deficiency Act (31 U.S.C. § 1341) which prohibits, in part, authorizing obligations or expenditures in excess of the amount available and involving the government in any contract or other obligation for payment for any purpose in advance of appropriations for such purpose. The intent of the Anti-Deficiency act is to prohibit Federal agencies from incurring obligations for expenditures or liabilities beyond the amount available or beyond the period of availability, to require the Agencies to stay within the “purposes of appropriations,” and “to prohibit any officer or employee of the Government from involving the Government in any contract or other obligation for the payment of money for any purpose, in advance of appropriations made for such purpose. . . .”31 Non-Federal entities are also limited to obligate and expend only the amount made available within the period of performance (period of availability) by the terms and conditions of the project’s Assistance Agreement which include references to OMB circulars and other rules relative to grants and agreements. The application of these prohibitions to SNPLMA is that project obligations and expenditures:  May not exceed the total amount allocated by the Secretary, plus any approved additional funds (contingency funds or SAR), and available on the financial instrument;  May not exceed the amount transferred to, and received by, the agency by the U. S. Treasury for projects under 1151-direct transfer;  May not occur in anticipation of approval of additional funds; and  May not be used to do work not authorized in anticipation of approval of a project change of scope.
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Principle of Amount. ‌ The basis of the appropriations principle of amount is the Antideficiency Act which prohibits, in part, authorizing obligations or expenditures in excess of the amount available and involving the government in any contract or other obligation for payment for any purpose in advance of appropriations for such purpose.
Sample 1

Related to Principle of Amount

  • Definitions and Principles of Interpretation The following definitions in clause 1.1 shall be replaced as follows:

  • Principles of Interpretation and Definitions (1) The singular includes the plural and the plural the singular. The pronouns “it” and “its” include the masculine and feminine. References to statutes or regulations include all statutory or regulatory provisions consolidating, amending, or replacing the statute or regulation. References to contracts and agreements shall be deemed to include all amendments to them. The words “include,” “including,” etc. mean include, including, etc. without limitation. (2) References to a “Section” or “section” shall mean a section of this contract. (3) “Contract” and “Agreement,” whether or not capitalized, refer to this instrument.

  • A1 Definitions and Interpretation A1.1 In this Contract unless the context otherwise requires the following provisions shall have the meanings given to them below:

  • Definitions and Interpretation 1.1 In this Agreement:

  • DEFINITIONS AND INTERPRETATION Definitions 1.1 In this Contract, unless the contrary intention appears: Activity End Date means the date reported as such in a Student Statistical Report for an individual's enrolment in an individual subject. Activity Start Date means the date reported as such in a Student Statistical Report for an individual's enrolment in an individual subject. Apprentice has the meaning given to it in the Act. Approved Training Scheme means a training scheme approved under section 5.5.2 of the Act. Brokering Services means the recruitment of individuals to participate in Skills First subsidised training in exchange for payment from the Training Provider or the student. It excludes activities carried out by individuals who are employees of the Training Provider on the Training Provider’s payroll, whose role includes the identification and recruitment of potential students. Business Day means a day which is not a Saturday, Sunday or a public holiday in Melbourne, Victoria.

  • Application and Interpretation For the purposes of this Chapter:

  • Principles of Construction All references to sections and schedules are to sections and schedules in or to this Agreement unless otherwise specified. All uses of the word “including” shall mean “including, without limitation” unless the context shall indicate otherwise. Unless otherwise specified, the words “hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. Unless otherwise specified, all meanings attributed to defined terms herein shall be equally applicable to both the singular and plural forms of the terms so defined.

  • Interpretation Definitions Unless the context shall otherwise require: words in the singular shall also include the plural, and vice versa; any pronoun shall include the corresponding masculine, feminine and neuter forms; the words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”; the words “herein”, “hereof” and “hereunder” and words of similar import refer to this Agreement in its entirety and not to any part hereof; all references herein to Sections or clauses shall be deemed references to Sections or clauses of this Agreement; any references to any agreement or other instrument or law, statute or regulation are to it as amended, supplemented or restated, from time to time (and, in the case of any law, to any successor provisions or re-enactment or modification thereof being in force at the time); any reference to “law” shall include any supranational, national, federal, state, local, or foreign statute or law and all rules and regulations promulgated thereunder; any reference to a “day” or a number of “days” (without any explicit reference otherwise, such as to business days) shall be interpreted as a reference to a calendar day or number of calendar days; reference to month or year means according to the Gregorian calendar; reference to a “

  • INTERPRETATIONS/ DEFINITIONS For the purpose of this agreement for sale, unless the context otherwise requires,-

  • Definition and Interpretation 1.1 Except as otherwise defined in the terms or context hereof, the following terms in this Agreement shall have the following meanings:

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