Appropriation Payments definition

Appropriation Payments means the payment related to the Bonds to be made by the City pursuant to, and in accordance with the schedule attached as an exhibit to, the Coop- erative Agreement, which payments are subject to annual appropriation by this Council.
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Appropriation Payments means the payment related to the Bonds to be made by the County pursuant to, and in accordance with the schedule attached as an exhibit to, the Cooperative Agreement, which payments are subject to annual appropriation by this Board and shall be paid from motor fuel excise tax or any available resources of the County to the extent lawfully available to make Appropriation Payments.
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Appropriation Payments means the payment related to the Bonds to be made by the City pursuant to, and in accordance with the schedule attached as an exhibit to, the Cooperative Agreement, which
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Examples of Appropriation Payments in a sentence

  • Upon the determination of the Director of Finance, which may be based on the written advice of a Financial Advisor, that it is to the financial advantage of the City and in the City’s best interests, the Director of Finance is authorized to cooperate with the Port Authority to negotiate and provide for the terms of the Bonds and the Appropriation Payments, which Appropriation Pay- ments shall be equal to the Debt Ser- vice Charges on the Bonds plus the amount of Administrative Expenses.

  • In any given fiscal year, if the City Council determines to not obligate the then-considered Appropriated Amount, then the City will be under no obligation to fund the Annual Appropriation Payments scheduled to become due in the following fiscal year, and the Company will have no rights whatsoever to compel the City to make such Annual Appropriation Payments, to seek damages relative thereto, or to compel the funding of such Payments in future fiscal years.

  • Further, the aggregate Annual Appropriation Payments to be made in each fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, assuming there are Annual Appropriation Payments due on December 1, 2024 and on June 1, 2025, the aggregate maximum amount of such Annual Appropriation Payments would be determined by the Appropriated Amount determined for certification by December 1, 2023).

  • In any given fiscal year, if the City Council determines to not obligate the then- considered Appropriated Amount, then the City will be under no obligation to fund the Annual Appropriation Payments scheduled to become due in the following fiscal year, and the Company will have no rights whatsoever to compel the City to make such Annual Appropriation Payments, to seek damages relative thereto, or to compel the funding of such Payments in future fiscal years.

  • Further, the aggregate Annual Appropriation Payments to be made in each fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, assuming there are Annual Appropriation Payments due on December 1, 2023 and on June 1, 2024, the aggregate maximum amount of such Annual Appropriation Payments would be determined by the Appropriated Amount determined for certification by December 1, 2022).

  • President Porter gave a report on enrollment for Winter term, saying the undergraduate enrollment is up from last year, and close to coming in on the credit hours the administration had estimated .The President reported on the Strategy for Managing the Deferral of State Appropriation Payments in January and February 1983.

  • Company D’s submission, however, was subject to various contingencies, including the completion of satisfactory due diligence.7 This expression of intent also lacked a definite timeline, as well as a marked up merger agreement.

  • This data will be sourced from the School Appropriation Payments Application (SAPA) following the last appropriation payment for the year.

  • For example, assuming that both Certificates of Occupancy are issued for the Project by June 30, 2024, then the Annual Appropriation Payments will be made on each December 1 and June 1, beginning on December 1, 2024.

  • Insufficient Appropriation Payments pursuant to this Agreement are subject to the availability of applicable federal and/or state funding from the Department and their appropriation and authorized expenditures under State law.


More Definitions of Appropriation Payments

Appropriation Payments set forth on APPENDIX B. Thereafter, during the months of July in 24 fiscal years ending 2013, 2014, 2015, and 2016, the City (jointly with either the Receiver or an 25 administrative and finance officer appointed by the Director for the City) shall withdraw from the
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Related to Appropriation Payments

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Termination Payments has the meaning specified in Section 10(a).

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Payments refers to anything of value, including cash, gifts, travel expenses, entertainment, offers of employment, provision of free services, and business meals. It may also include event sponsorships, consultant contracts, fellowship support, job offers, and charitable contributions made at the request of, or for the benefit of, an individual, his or her family, or other relations, even if made to a legitimate charity.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Principal Relocation Payment A payment from any Loan Group to REMIC 1 Regular Interests other than those of their corresponding Loan Group as provided in the Preliminary Statement. Principal Relocation Payments shall be made of principal allocations comprising the Principal Amount from a Loan Group.

  • Incentive Payments means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received by the Borrower in any fiscal year aged less than 120 days.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Bonus Payments means that portion of the bonus payments received by the

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Cumulative Insurance Payments As defined in the Series Supplement.

  • Total Payments means those payments so described in Section 6.2 hereof.