Examples of Approved State Program in a sentence
A material change in the scope or purpose of an Approved State Program.
The Participating State remains responsible for resolving any non-compliance issue in conformance with SSBCI program requirements and bringing its Approved State Program or Programs into full compliance with SSBCI requirements as soon as possible.
For example, if an employee spends 45 percent of her time on an SSBCI Approved State Program, the Participating may only charge 45 percent of her salary and benefits to Allocated Funds.
This is crucial be- cause change of government can impair the results achieved through REDD+ programme (e.g. Brazil under Bolsonaro Presidency).A recent report of the IPCC gives a great insight on what could be done for limiting the risk of reversal.
If, for example, staff assigned to the Approved State Program also work on other non-SSBCI programs, the Participating State must ensure that staff accurately record the number of hours spent on the Approved State Program and only use Allocated Funds to pay salaries and benefits in proportion to the number of hours worked.
One loan cannot be enrolled in more than one Approved State Program at the same time.
In addition, a lender may not divide one loan into multiple agreements or notes, each enrolled in an Approved State Program, for the same loan purpose.
The purpose of the Allocation is to assist the Participating State to increase the amount of capital made available by private lenders to small businesses through its Approved State Program.
The Participating State shall be fully positioned within 90-days of the date of this Agreement to act on providing the type of credit support that the Approved State Program was established to provide using the Allocated Funds.
A certification from the Authorized State Official that explains the reason for un-enrollment of each transaction and that the Participating State has undertaken all necessary actions and transactions, in accord with Participating State laws and requirements, to replenish the Approved State Program account.