Purpose of Funds Sample Clauses

Purpose of Funds. COMMISSION is providing grant funds to GRANTEE for the programs and services described in Exhibits A and B in order to assist GRANTEE in improving service systems, changing policies, or providing programs in one or more of the established goals of outcome areas of “Families,” “Communities,” “Early Care and Education Systems,” and “Health-Related Systems” outlined in the First 5 LA 2015-2020 Strategic Plan: Focusing for the Future.
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Purpose of Funds. With respect to projects to be funded in the State of Texas, the Plea Agreements require NFWF to administer and disburse the Funds as follows: To remedy harm and eliminate or reduce the risk of future harm to Gulf Coast natural resources, NFWF shall use [the Funds] to conduct or fund projects to remedy harm to resources where there has been injury to, or destruction of, loss of, or loss of use of those resources resulting from the Macondo oil spill. NFWF shall consult with appropriate state resource managers, as well as federal resource managers that have the statutory authority for coordination or cooperation with private entities, to identify projects and to maximize the environmental benefits of such projects.
Purpose of Funds. The Company shall procure that monies raised from the Investors’ subscription for the Investor Shares will be used for the purposes of the Company’s working capital requirements and such other matters as the Board shall decide.
Purpose of Funds. By receipt of funds from WCCLS, each Contractor agrees to expend those funds to provide library services according to Contractor’s established policies, and to ensure that Contractor’s library facilities are open for public use by all Eligible Users. Contractors must spend all funds received from WCCLS on library operations. Funds received from WCCLS cannot be used for new building construction, building expansion, or land acquisition. Funds may be used for building lease costs.
Purpose of Funds. CMAQ funds made available under this AGREEMENT are to be used in cooperation with the DEPARTMENT for TDM activities. The purpose shall be to provide educational, promotional and / or other related TDM assistance within the Northern Virginia District. A scope of work is attached in accordance with ARTICLE III which promotes the reduction of single-occupant auto usage in order to achieve at least one of the following objectives: • Reduction of traffic congestion • Promotion of alternative transportation modes • Improvement of air quality
Purpose of Funds. All monies provided by Members pursuant to this Agreement shall be used solely to achieve the Purposes of this Agreement and shall not be considered as payment for any fines, penalties or monetary sanction.
Purpose of Funds. The funds that are deposited into the DTG Operations Escrow Accounts pursuant to Sections 5.4(a)(i), 5.4(a)(iii) and 5.4(a)(vii) of this Agreement shall be used by the Qualified Intermediary to repay the liabilities that must be repaid upon the disposition by DTG Operations of Exchanged Vehicles Subject to Liabilities. The funds that are deposited into the Thrifty Escrow Accounts pursuant to Sections 5.4(a)(ii), 5.4(a)(iv) and 5.4(a)(viii) of this Agreement shall be used to repay the liabilities that must be repaid upon the disposition by Thrifty of Exchanged Vehicles Subject to Liabilities. The funds that are deposited into the RCFC Escrow Accounts pursuant to Sections 5.4(a)(ix) of this Agreement shall be used to repay the liabilities that must be repaid upon the disposition by RCFC of Exchanged Vehicles Subject to Liabilities.”
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Purpose of Funds. The funds that are deposited into the Dollar Escrow Accounts pursuant to Sections 5.4(a)(i), 5.4(a)(iii) and 5.4(a)(vii) of this Agreement shall be used by the Qualified Intermediary to repay the liabilities that must be repaid upon the disposition by Dollar of Exchanged Vehicles Subject to Liabilities. The funds that are deposited into the Thrifty Escrow Accounts pursuant to Sections 5.4(a)(ii), 5.4(a)(iv) and 5.4(a)(viii) of this Agreement shall be used to repay the liabilities that must be repaid upon the disposition by Thrifty of Exchanged Vehicles Subject to Liabilities.
Purpose of Funds. The parties intend and agree that (i) the funds deposited into the RCFC Escrow Accounts pursuant to Sections 5.5(a)(i) and 5.5(a)(ii) of this Agreement will be used to acquire RCFC Replacement Vehicles, (ii) the funds deposited into the Dollar Escrow Accounts pursuant to Sections 5.5(a)(iii), 5.5(a)(iv) and 5.5(a)(v) of this Agreement will be used to acquire Dollar Replacement Vehicles and (iii) the funds deposited into the Thrifty Escrow Accounts pursuant to Sections 5.5(a)(vi), 5.5(a)(vii) and 5.5(a)(viii) of this Agreement will be used to acquire Thrifty Replacement Vehicles.
Purpose of Funds. Program Administrator shall use and expend the ARP Funds and Supplemental Funds solely for the purposes set forth in, and in accordance with this Agreement including Exhibit A, Statement of Work, which is attached hereto and made a part hereof. Five percent (5%) of the total amount of the ARP Funds and Supplemental Funds ($180,000) will be paid to Program Administrator as fees to administer the program and up to $70,000 to reimburse third party costs, including but not limited to audit/legal fees, from the City’s General Fund. The entirety of the $3.6 million shall be paid out as grant
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