Allocated Grant definition

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 and “Firm Scheme Grant” shall (unless the context precludes such interpretation) include every Tranche thereof.
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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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Examples of Allocated Grant in a sentence

  • The parties will agree to meet within ten (10) Business Days of the date of such notification to discuss and agree in good faith whether any changes need to be made to the Approved Bid and/or the Allocated Grant to reflect the Grant Recipient's under performance in relation to delivery of the Approved Bid.

  • Where the schemes covered by Allocated Grant fall within scheme types described in paragraph 108 of the Shared Ownership and Affordable Homes Programme 16/21 Prospectus (the Prospectus), additional provisions may be required in the resulting contract to reflect the nature of the relevant scheme.

  • VATThe payment of any Allocated Grant is inclusive of Value Added Tax.

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

  • 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.

  • However, Security Deposit is not being demanded from registered vendor under limited tendering system but failure to participate or execute the contract will invite penal action against the Delinquent Registered Vendor.

  • 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.

  • Based on the School’s total student grant funding amount of $207,717 and a cohort of 182 eligible students, the Allocated Grant Award per student is $1,141.30.

  • A Specified Default will entitle the Agency to: (a) terminate the Contract; (b) withhold all capital grant then due to the Grant Recipient in relation to any Firm Scheme unless that Firm Scheme has started on site and received the first tranche payment (a Continuing Firm Scheme); and (c) re-allocate the balance of the Allocated Grant.

  • The Allocated Grant Amount with respect to Conveyance Pipeline Phase 2, Index-Linked, using as the Base Contract Year the Contract Year in which an Allocated Grant Amount was received by the City and further using as the Payment Contract Year the Contract Year in which the Conveyance Pipeline Phase 2 Payment is due.


More Definitions of Allocated Grant

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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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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Related to Allocated Grant

  • Unallocated Basis means that the Person in whose name Gold is so held is entitled to receive delivery of Gold standing to the credit of that Person’s account, but that Person has no ownership interest in any particular Gold that the custodian maintaining that account owns or holds.

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”

  • Allocated interests means the following interests allocated to each unit:

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Allocated Amount has the meaning set forth in Section 2.6 hereof.

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

  • Allocation shall have the meaning set forth in Section 2.7.

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(ix).

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

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Allocation Area means that part of a military base development area to which an allocation provision of a declaratory resolution adopted under section 16 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • REMIC I Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • REMIC II Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC II Remittance Rate for REMIC II Regular Interest AA minus the Marker Rate, divided by (b) 12.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit:

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Pro Rata Allocation The allocation of the principal portion of Realized Losses to the Senior Certificates (other than the Class R and Class P Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss shall first be allocated to the Class P Certificates, and the remainder of such loss shall be allocated as set forth above), and the allocation of the interest portion of Realized Losses to all Classes of Certificates (other than the Class R and Class P Certificates) pro rata according to the amount of interest accrued but unpaid on each such Class, in reduction thereof, and then to the Senior Certificates (other than the Class R, Class P and Class X Certificates), on the one hand, and the Class B Certificates, on the other hand, pro rata according to their respective aggregate Class Principal Balances, in reduction thereof in the manner provided in the succeeding paragraphs of this definition. The principal portion of a Realized Loss on any Mortgage Loan allocated to the Class A Certificates pursuant to this definition of "Pro Rata Allocation" shall be allocated in reduction of the respective Class Principal Balances of the Subgroup 1, Subgroup 2 and Subgroup 3 Certificates as follows:

  • 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.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Required Allocations means any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix).

  • Claims Allocation and Handling Agreement means the agreement of that name approved by XXX;

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.