Annual Funding Allocation definition

Annual Funding Allocation means the amount of Funds that the Province allocates to the Recipient for a Program Year;
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Examples of Annual Funding Allocation in a sentence

  • The Recipient must continue to meet the eligibility criteria set in section B1.1 in each Program Year in order to be eligible to receive an Annual Funding Allocation for that Program Year.

  • The Allocation Notice will set out the Recipient’s Annual Funding Allocation for the Program Year, based on the Recipient’s performance against its housing target in the relevant Performance Year, which will be calculated in accordance with the formula set out in Schedule “G”.

Related to Annual Funding Allocation

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.