Allocated Grant definition

Allocated Grant and “Firm Scheme Grant” shall (unless the context precludes such interpretation) include every Tranche thereof.
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Allocated Grant means [ ], being the maximum amount of grant payable by Homes England to the Grant Recipient in respect of the Approved Bid (as the same may be amended from time to time in accordance with the terms of this Agreement);
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Allocated Grant means the amount of Grant approved by the Lead
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Examples of Allocated Grant in a sentence

  • If an Indicative Scheme has failed to achieve Firm Scheme status by such date the Agency shall be entitled permanently to withdraw the Indicative Allocation and the Allocated Grant figure shall be reduced commensurately.

  • Named Project Grant to the Grant Recipient, the Allocated Grant shall be reduced by a commensurate amount.

  • If an Indicative Scheme has failed to achieve Firm Scheme status by such date Homes England shall be entitled permanently to withdraw the Indicative Allocation and the Allocated Grant figure shall be reduced commensurately.

  • If the Grant Recipient: withdraws the Indicative Scheme from the Approved Bid; or fails to notify Homes England within the period prescribed in Condition 4.8.2 as to which option it wishes to pursue, Homes England shall be entitled permanently to withdraw the Indicative Allocation and the Allocated Grant figure shall be reduced commensurately.

  • For shared ownership schemes, the Allocated Grant Amount or the Resulting Amount (as applicable) is apportioned according to the market values of the dwellings at practical completion of the scheme.

  • Where Homes England pays Firm Scheme Grant to the Grant Recipient, the Allocated Grant shall be reduced by a commensurate amount.

  • Firm Scheme Grant to the Grant Recipient, the Allocated Grant shall be reduced by a commensurate amount.

  • Any surveyor so appointed shall use his professional skill and judgement in determining a fair and reasonable apportionment of the Allocated Grant Amount or the Resulting Amount (as applicable) in relation to the land and buildings being disposed of.

  • Homes England has agreed to make the Allocated Grant available to the Grant Recipient to provide the Move On Dwellings subject to and in accordance with the terms and conditions of this Agreement.

  • Homes England has agreed to make the Allocated Grant available to the Lead Partner to procure the provision of the Move On Dwellings subject to and in accordance with the terms and conditions of this Agreement.


More Definitions of Allocated Grant

Allocated Grant means [ ], being subject to Condition 4, the maximum amount of grant payable by the Agency to the Grant Recipient in respect of the Programme Offer;
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Allocated Grant means [ ], being the maximum amount of grant payable by the Agency to the Grant Recipient pursuant to this Agreement (as may be amended from time to time in accordance with this Agreement); Area means a geographical area prescribed by the Agency from time to time in which a Help to Buy Agent operates; Balancing Sum means such sum as represents the amount by which Public Sector Subsidy in respect of the Firm Scheme exceeds the Actual Development Costs incurred by the Grant Recipient in the delivery of the Firm Scheme; Bid means the submission by the Grant Recipient in its application for funding including any supporting information; Building Contract means the contract entered into between the Grant Recipient and the Building Contractor relating to the construction and development of the Firm Scheme;
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Allocated Grant means [ ], being, subject to Condition 4 and Condition 8, the maximum amount of grant payable by the Agency to the Developer in respect of the Approved Bid;
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Related to Allocated Grant

  • Allocation has the meaning set forth in Section 3.3.

  • Final Allocation has the meaning set forth in Section 2.3.

  • Allocation Area means that part of a redevelopment project area to which an allocation provision of a declaratory resolution adopted under section 15 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Agreed Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution as determined by the General Partner. The General Partner shall use such method as it determines to be appropriate to allocate the aggregate Agreed Value of Contributed Properties contributed to the Partnership in a single or integrated transaction among each separate property on a basis proportional to the fair market value of each Contributed Property.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.