STATE MATCHING FUNDS Sample Clauses

STATE MATCHING FUNDS. 13. (1) In relation to untied assistance a State will provide from its own resources and apply funds (“matching funds”) in accordance with this Part.
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STATE MATCHING FUNDS. 14.(1)A State will provide from its own resources during each year of this agreement and apply in accordance with this Part funds (“matching funds”) equivalent in amount to the amount of untied assistance that is provided to the State during that year.
STATE MATCHING FUNDS. The State agrees to provide $ (non-Federal amounts indicated in Part III of the Application) to complete the proposed Fiscal Year 2015 Recreational Boating Safety Program objectives described in the Application. State matching amounts shall be derived from general State revenues, undocumented vessel numbering and license fees, State marine fuels taxes, or from a fund constituted from the proceeds of those taxes and established to finance the State Recreational Boating Safety Program.

Related to STATE MATCHING FUNDS

  • 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.

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