Advance funds definition

Advance funds means monies approved for known costs to the applicant before the quarterly report is due.
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Advance funds has the meaning specified in Section 4.01(d).
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Advance funds means monies approved for known costs to the applicant before the semi-annual report is due.
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Examples of Advance funds in a sentence

  • The Initial Deposit and Additional Advance funds are hereinafter collectively referred to as the “Deposit.” Applicant shall make the Additional Advance within five (5) business days of the GSA’s written request therefor.

  • Advance funds are contingent upon the Commission’s availability of cash flow.

  • Advance funds of up to $10,000 may be available to applicants located in low-income communities who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding.

  • Advance funds or securities in furtherance of settling securities transactions and other financial-market transactions under this Agreement.

  • Advance funds will be considered when the applicant can demonstrate significant benefits as defined in these guidelines and rely on High-Priority Grade Crossing Improvement and Separation set-aside funds as a non-federal match in a federal grant application to increase the competitiveness of the project.

  • Advance funds are to be used for ordinary and necessary business expenses of the University.

  • Lender shall not be required to Advance funds hereunder for any category or line item of Project Loan Costs in excess of the amount specified for such line item or category in the Project Loan Budget, subject to Sections 2.1.6 and 2.1.7 hereof and 5.1.33 of the Building Loan Agreement (or other reallocations approved by Lender in its sole discretion).

  • Applicants must demonstrate control of the site for which they are applying for Capital Advance funds.

  • If selected, an awardee will receive a fund reservation for the approved Capital Advance funds.

  • Capital Advance funds cannot cover the costs associated with atriums, bowling alleys, swimming pools, saunas, hot tubs, and similar luxury amenities.


More Definitions of Advance funds

Advance funds means any fund paid in advance by DDS to the Borrower pursuant to Section III(3) of the DDS Agreement for services not yet rendered by the Borrower, including DDS’s reimbursements to the Borrower for its expenditures that are then applied to replenish Advance Funds. The Borrower is indebted to DDS for the amount of Advance Funds received by the Borrower for any fiscal year, until such amount is either repaid by the Borrower or DDS or reduced through offset by DDS against reimbursement claims submitted by the Borrower to DDS.
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Advance funds means monies approved for known costs to the applicant within the grant period before the semi-annual reportbefore the semi-annual report is due.
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Advance funds means any fund paid in advance by DDS to the Borrower pursuant to Section III(3) of the DDS Agreement for services not yet rendered by the Borrower, including DDS’s reimbursements to the Borrower for its expenditures that are then applied to replenish Advance Funds. The Borrower is indebted to DDS for the amount of Advance Funds received by the Borrower for any fiscal year, until such amount is either
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Related to Advance funds

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.