Unobligated balance Sample Clauses

Unobligated balance. The unobligated bal- ance is the portion of the funds authorized by the Bureau which has not been obligated by the grantee and is determined by deduct- ing the cumulative obligations from the funds authorized.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Unobligated balance. The Sub-grantee shall promptly refund to WaterAid, without offset or deduction for any reason (except with specific approval) all funds disbursed to Sub-grantee but not expended or irrevocably committed for eligible expenses at the end of the Sub-grant end date. (or, if applicable, on the effective date of a termination notice). Payment by WaterAid will be based on the satisfactory performance of activities under the Cost Reimbursable Subgrant, compliance with all reporting requirements, and will not exceed the obligated amount. Subgrantee’s invoice submissions will be reviewed by WaterAid for allowability of costs under the terms of this Subgrant. Subgrantee agrees to refund promptly to WaterAid any payments by WaterAid that are subsequently suspended or disallowed.
Sample 1Sample 2
Unobligated balance. The Sub-grantee shall promptly refund to WaterAid, without offset or deduction for any reason (except with specific approval) all funds disbursed to Sub-grantee but not expended or irrevocably committed for eligible expenses at the end of the Sub-grant end date. (or, if applicable, on the effective date of a termination notice). Payment by WaterAid will be based on the satisfactory performance of activities under the Cost Reimbursable Sub-grant and compliance with all reporting requirements and will not exceed the obligated amount. Sub-grantee’s invoice submissions will be reviewed by WaterAid for allowability of costs under the terms of this Sub-grant. Sub-grantee t agrees to refund promptly to WaterAid any payments by WaterAid that are subsequently suspended or disallowed. PAYMENTS Option A: Payments will be made on the reimbursement basis. Option B: Advance payments may be made to the Sub-grantee in accordance with the procedures set forth below and current USAID guidelines as issued from time to time. This Subgrant permits advance financing in accordance with the following procedures: Sub-grantee shall be entitled to request an initial advance of up to (90) days, one quarter. All advance requests must be in writing and must be supported by a line item budget of estimated expenditures for each quarter. Subsequent advance requests shall be quarterly. Each advance must be reconciled quarterly after the expiration of the period for which the advance was given and was intended to cover. Failure to reconcile an advance will preclude the Subrecipient from receiving any additional advances until all outstanding advances have been reconciled. Advances will not be given after three months before the end of the Cost Reimbursable Sub-Grant. The subrecipient shall submit a certified Attachment 8, subrecipient Financial Report to WaterAid by the 15th of the following month for expenses under this agreement (see section I.1.a for more information on financial reporting). Funds will be transferred to the Sub-grantee using the below accounts(s): Wire Transfers to the following account(s): Bank Details: Funds: Bank Name: Address: Account Number: Swift Code: (ABA): All advance requests and financial reports shall be directed to the [WaterAid Finance Officer, Grants, Contracts] identified in Section P. Additional funds up to the total estimated amount shown as D. above may be obligated by WaterAid subject to the availability of funding, and satisfactory progress of the pr...
Sample 1
Unobligated balance. The portion of the funds authorized by a DoD Component that has not been obligated by the recipient and is determined by deducting the cumulative obligations from the cumulative funds authorized. [63 FR 12204, Mar. 12, 1998, as amended at 68 FR 47160, Aug. 7, 2003; 72 FR 34998, June 26, 2007]
Sample 1

Related to Unobligated balance

  • PayPal balance The operational part of your account contains your PayPal balance, which is the balance of money available for payments or withdrawals. When you use our payment service to pay another user, you instruct us to transfer the money from your PayPal balance to the recipient’s account. You need to have enough PayPal balance in cleared funds to cover the amount of any payment you make and the transaction fees you owe us at the time of the payment. Other requirements also apply – see the section Making a Payment below. If you have insufficient PayPal balance or have chosen a preferred funding source you are also requesting us to obtain funds on your behalf from your applicable funding source and issue electronic money to your PayPal balance for your payment to be made. When you withdraw your money you need to have enough PayPal balance to cover the value of any withdrawal at the time of the withdrawal. See Adding or Withdrawing Money to know how to get a PayPal balance and how to withdraw it. If your PayPal balance shows a negative amount, this is the net amount you owe to us at the given time. Reserve account Money marked in your account overview as “pending”, “uncleared”, “held” or otherwise restricted or limited at any given time is held in the part of your account which acts as a reserve account. You cannot access and use money stored in the reserve account.

  • Minimum Balance Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

  • Credit Balance We will make a good faith effort to return to you any credit balance that has been on your Account longer than six consecutive Billing Cycles (or, at our discretion, for a shorter time period). You may also request a refund of a credit balance on your Account at any time. We may reduce the amount of any credit balance on your Account by applying the credit balance towards new fees and charges posted to your Account. We do not pay any interest on credit balances.

  • Payment of the balance Within sixty days of completion of the tasks referred to in each order or specific contract, the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents, which are provided for in the Special Conditions: ⮚ a final technical report in accordance with the instructions laid down in Annex I; ⮚ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Holding and using a PayPal balance You will not receive interest or any other earnings on the money in your account. This is because the money in your account is electronic money and European law forbids paying interest on electronic money. Also, electronic money is not a deposit or an investment under Luxembourg law, so the Luxembourg deposit guarantee or investor indemnity schemes administered by the Conseil des Protection des Deposants et des Investisseurs cannot protect you. We may store and move the money in your account in and between: • the PayPal balance; and • the reserve account, at any given time subject further to this user agreement. PayPal balance The operational part of your account contains your PayPal balance, which is the balance of money available for payments or withdrawals. When you use our payment service to pay another user, you instruct us to transfer the money from your PayPal balance to the recipient’s account. You need to have enough PayPal balance in cleared funds to cover the amount of any payment you make and the transaction fees you owe us at the time of the payment. Other requirements also apply – see the section Making a Payment below. If you have insufficient PayPal balance or have chosen a preferred funding source you are also requesting us to obtain funds on your behalf from your applicable funding source and issue electronic money to your PayPal balance for your payment to be made. When you withdraw your money you need to have enough PayPal balance to cover the value of any withdrawal at the time of the withdrawal. See Adding or Withdrawing Money to know how to get a PayPal balance and how to withdraw it. If your PayPal balance shows a negative amount, this is the net amount you owe to us at the given time. Reserve account Money marked in your account overview as “pending”, “uncleared”, “held” or otherwise restricted or limited at any given time is held in the part of your account which acts as a reserve account. You cannot access and use money stored in the reserve account.

  • Available Balance Each time you use your Card, you authorize us to reduce the value available on your Card by the amount of the transaction and any applicable fees, taxes or other charges assessed by the merchant. Transactions that exceed the remaining balance on your Card are prohibited and should be declined at the point of sale. If, notwithstanding an insufficient balance, an authorization is received by the merchant or the merchant uses other means to proceed with the transaction, then you agree to reimburse us for any amount in excess of the Card balance for such a transaction. Refunds for Purchases Made with the Card. Any refund for goods or services purchased with the Card will be made in the form of a credit to the Card and pursuant to the refund policy of the merchants where such goods or services were purchased. If you receive a credit, the credit may not be added to the available funds on the Card for seven (7) business days. You are not entitled to receive a cash refund. Disputes with Merchants. We are not responsible for the delivery, quality, safety, legality or any other aspect of goods and services that you purchase from others with your Card. All such disputes should be addressed to the merchants from whom the goods and services were purchased.

  • Credit Balances No interest or other amount will be paid by the Custodian on any credit balance on an Allocated Account.

  • Leave Balances The President and Vice-President will accrue vacation and sick leave during the period of absence; however, when the President and Vice−President return to state service their leave balances will not exceed their leave balances on the date the period of absence commenced. If the President or Vice-President retire or separate from state service at the end of the period of absence, their leave balances will not exceed their leave balances on the date the period of absence commenced. Reporting of leave will be submitted to the College. All leave requests will be submitted within the required time limits.

  • Negative Balances If your Stripe Account balance (or the Stripe Account balance of any User Group Entity) is negative, or does not contain funds sufficient to pay amounts that you (or a User Group Entity) owe to Stripe, its Affiliates or Customers, then without limiting Stripe’s rights under Sections 4.2 and 4.3 of the General Terms, Stripe may debit the User Bank Accounts by the amount necessary to collect, and pay out to Customers if applicable, the amounts you owe.

  • Remaining Balance Each Receivable has a remaining balance of at least $2,000.99 and not greater than $82,450.59.

Time is Money Join Law Insider Premium to draft better contracts faster.