Capacity Funding definition

Capacity Funding means the revenue grant which is HMG’s contribution towards day-to-day resources and administration for the delivery of the Freeport proposal. This is disbursed through the Accountable Body.
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Capacity Funding capacity funding equalling £1 million (or such other sum as agreed between DLUHC, Government and the Accountable Body) provided by DLUHC and/or Government to the Accountable Body to be made available to the Governing Body in accordance with the terms of any relevant agreement or letter;
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Examples of Capacity Funding in a sentence

  • If significant changes are to be made to the Seed Capital or Capacity Funding, DLUHC should be notified in advance through the change process set out in Section 6.10 of this MoU.

  • Participants currently contribute funds into the Flexible Operating, as well as the New Generation and Capacity Funding, accounts on an elective basis.

  • With the exception of the Flexible Operating account and the New Generation and Capacity Funding account, the funds in the Competitive Trust have been retained and invested in securities typically held to maturity.

  • Carlisle and Truro were awarded funding for two programmes each in 2014-19, plus Capacity Funding, totalling £2.6m and £3m respectively.

  • The Capacity Funding (revenue grant) is to support the Freeport to ensure there is sufficient organisational capacity in place for the set up and delivery of the Freeport.

  • DLUHC expects the Governing Body to fully support and cooperate with the Accountable Body to deliver the Seed Capital and Capacity Funding to achieve the objectives of the Freeport.

  • More specifically, if the Council fails to spend the Large Sites Programme Capacity Funding appropriately, it will not have access to the additional £200,000 allocated.

  • I/we hereby certify that all information provided in the attached AHRF Capacity Funding Required Information Form and all supporting documentation are true, accurate and complete.

  • To support the Mayoral Combined Authority in its early stages, Government will provide £250,000 in Mayoral Capacity Funding in 2020/21, once the establishing legislation is made and the Assurance Framework agreed with Government.

  • Any future Mayoral Capacity Funding will be subject to decisions at the Spending Review, in line with arrangements made for other Mayoral Combined Authorities.37) The Mayor will have the power to set a precept on local council tax bills to help pay for the Mayor’s work.

Related to Capacity Funding

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

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

  • CFA means the Central finance Assistance to be provided by the Ministry of New and Renewable Energy Government of India under the Pradhan Mantri Urja Suraksha xxxx Xxxxxxx Xxxxxxxxxxx (PM-XXXXX) scheme as per the Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM- XXXXX Scheme issued on date 4-12-2020 with subsequent amendment/s, if any. “Changein Law” shallhavethemeaningascribedtheretoinArticle12of thisAgreement; “Commercial Operation Date(COD)” shallmeanthedate certified by the DISCOM’s committee upon successful commissioning (as perprovisionsofthis Agreement)ofthe project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • 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:

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • JPMorgan Chase Bank means JPMorgan Chase Bank, N.A. and its successors.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • JPMorgan Chase means JPMorgan Chase Bank, N.A. and its successors.

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

  • Project Funding means the funding for the Services;

  • Electric cooperative means an electric utility provider formed or organized as an electric cooperative under the laws of this state or elsewhere. An electric cooperative shall also include an incorporated city utility provider. “Generation and transmission electric cooperative” means an electric cooperative which owns both transmission lines and property which is used to generate electricity. “Distribution electric cooperative” means an electric cooperative other than a generation and transmission electric cooperative or a municipal electric cooperative association.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Investment Strategy is the processes and policies implemented by the Investment Manager for pursuing a particular investment objective managed by an Investment Team.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

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

  • Electric Facility means a Generator or an electric transmission facility.

  • Alternative education program means a school or separate class group designed to best serve students’ educational needs and interests and assist students in achieving the academic standards of the district and the state.

  • CFAF means the currency of the Borrower;

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