Calendar Year Allocation definition

Calendar Year Allocation means the amount of the Water Protection Fund that, for a given calendar year, is conditionally committed to (a) Subsidies for Qualified Projects first appearing on the Intended Use Plan Project Listing published in the same calendar year as the year in which the Board makes conditional commitments to subsidize these Qualified Projects, (b) Pre-existing Projects considered in that same calendar year.
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Calendar Year Allocation means the amount of the Water Protection Fund that is committed to Subsidies for Qualified Projects in the calendar year that corresponds to the Intended Use Plan Project Listing for that same calendar year.
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Calendar Year Allocation means the amount of the Water Protection Fund that will be used for subsidy awards for Projects in the calendar year that corresponds to the Intended Use Plan Project Listing for that same calendar year.
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Examples of Calendar Year Allocation in a sentence

  • The Uncommitted Funds that the Board, in its discretion, determines are available in a given calendar year shall be the Calendar Year Allocation to be awarded to Participating Local Government Units for Qualified Projects first appearing on the Intended Use Plan Project Listing for that year and to Pre-existing Projects.

  • In each calendar year, prior to determining the Calendar Year Allocation, the Board, in its complete discretion, shall decide whether to restrict and/or utilize funds from the reserve.

  • In each calendar year after the reserve fund has been established, prior to determining the Calendar Year Allocation, the Board, in its complete discretion, shall decide whether to set aside additional funds for the reserve fund.

  • The Board, in its complete discretion, shall determine the portion of the Uncommitted Funds to be committed for the Calendar Year Allocation to be awarded to Participating Local Government Units for Qualified Projects first appearing on the Intended Use Plan Project Listing for that year.

  • Each calendar year, the Board shall commit up to [ %] of the Uncommitted Funds within the Water Protection Fund for the Calendar Year Allocation to be awarded to Participating Local Government Units for Qualified Projects first appearing on the Intended Use Plan Project Listing for that calendar year.

  • Each calendar year, the Board shall use up to [ %] of the Uncommitted Funds within the Water Protection Fund for the Calendar Year Allocation to be awarded to Participating Local Government Units for Qualified Projects first appearing on the Intended Use Plan Project Listing for that calendar year.

  • In each calendar year after the reserve fund has been established, prior to determining the Calendar Year Allocation, the Board, in its complete discretion, shall decide whether to restrict and/or utilize funds froorm the reserve.

  • The Uncommitted Funds that the Board, in its discretion, determines are available in a given calendar year shall be the Calendar Year Allocation to be awarded to Participating Local Government Units for Qualified Projects first appearing on the Intended Use Plan Project Listing for that year and to Pre-existing Projects and later entering into a Project Regulatory Agreement.

  • For instance, if requests for funding were filed for four Qualified Projects and the Calendar Year Allocation is $2 million, then each Project receives a subsidy of $500,000.00 • Option 2: [If Debt Service Model] The Debt Service Pro Rata Percent times the Calendar Year Allocation.

Related to Calendar Year Allocation

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.