Annual Funding definition

Annual Funding means the monthly contribution level established by the Healthcare Plan Committee and approved by the City Council representing the contributions to the City Medical Plan from the City of Rapid City and the payroll deductions from employees and the payments from former employers.
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Annual Funding means the annual amount received from UBCM in two instalments in July and December of each year.
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Annual Funding has the meaning provided in Section 5.4. --------------
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Examples of Annual Funding in a sentence

  • The Subrecipient shall implement the scope of work (“Scope of Work”) described in Attachment A, hereof fully and in accordance with the terms of the Annual Funding Plan approved by the City and submitted to HUD in application for funds to carry out the Project and the Certifications which were submitted concurrently with the Annual Funding Plan.

  • Subrecipient shall also undertake the same obligations to the City that the City has undertaken to HUD pursuant to said Annual Funding Plan and Certifications.

  • The Annual Funding Plan and Certifications form is hereby incorporated by reference into this contract fully as if set forth herein.

  • This document shall set Annual Funding increases at a minimum of 5% and a maximum of 14% as determined by the Fund needs to finance the Expected Plan Costs for the forthcoming year; plus or minus the Fund needs to move towards meeting or maintaining the Ideal Fund Balance Target for the forthcoming year.


More Definitions of Annual Funding

Annual Funding means funding from the Minister, the Health Authorities, and the University directly to a Department as set out in the Schedules for each Department as attached hereto.
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Annual Funding means the annual amount received from UBCM in two installments in each year.
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Related to Annual Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”