Ceiling amounts definition

Ceiling amounts means the largest amount of financial assistance the department can provide to an individual project. Ceiling amounts vary based on factors including the type of project and whether a loan or a grant is awarded.
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Examples of Ceiling amounts in a sentence

  • All applications not requesting Federal Tax Credits under the requirements of IRC Section 42(h)(4)(b) and Section 10326 of these Regulations (for buildings financed by tax-exempt bonds) shall compete for reservations of Credit Ceiling amounts during designated reservation cycles.

  • Ceiling amounts will vary (see below), and will include direct, indirect, facilities, and administrative costs.

  • The Fixed Pricing of Price Ceiling amounts on the contract are the Maximum amount, or cost, allowed on the Contract.

  • Ceiling amounts in budget years 02-05 include additional funds for anticipated scale-up of existing activities.Note: Applicants should only apply for the first budget period funding taking into consideration the first budget period floor and the first budget period ceiling.

  • Ceiling amounts and match requirements vary depending on the project and source of funds.

  • Special factors that justify these published higher fees (which do exceed "Ceiling" amounts) include, but are not limited to: The relatively high cost of construction and land within the State of New Mexico; and the lack of state or local funded soft second financing or operating subsidies; and the general inability of local governments to donate land and/or other services to worthy Projects due to the state’s "Anti-Donation" clause.

  • ISCs employ a wide range of strategies to engage with their learners, from involving them in their assessment and learning programme through to surveys and student councils.

  • Ceiling amounts and match requirements vary depending on the project.

Related to Ceiling amounts

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

  • Maximum Drawing Amount means at the time in question the sum of the maximum amounts which LC Issuer might then or thereafter be called upon to advance under all Letters of Credit which are then outstanding.

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Ceiling Rate means, with respect to any Calculation Period, the rate set forth as the “Ceiling Rate” on the attached Schedule I.

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Rounding Amount means, if the Relevant Currency is (a) USD or EUR, 1,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, (b) JPY, 100,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, or (c) any other currency, such amount approved by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Allocable Amounts, when used with respect to any Senior Indebtedness, means all amounts due or to become due on such Senior Indebtedness less, if applicable, any amount which would have been paid to, and retained by, the holders of such Senior Indebtedness (whether as a result of the receipt of payments by the holders of such Senior Indebtedness from the Company or any other obligor thereon or from any holders of, or trustee in respect of, other indebtedness that is subordinate and junior in right of payment to such Senior Indebtedness pursuant to any provision of such indebtedness for the payment over of amounts received on account of such indebtedness to the holders of such Senior Indebtedness or otherwise) but for the fact that such Senior Indebtedness is subordinate or junior in right of payment to (or subject to a requirement that amounts received on such Senior Indebtedness be paid over to obligees on) trade accounts payable or accrued liabilities arising in the ordinary course of business.

  • 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

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Reimbursement Amounts As defined in Section 3.22.

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

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Ceiling means the height above the ground or water of the base of the lowest layer of cloud below 6 000 m (20 000 ft) covering more than half the sky;

  • Floating Amount means, for any Payment Date an amount equal to the floating amount payable by the Swap Counterparty to the Issuer for such date pursuant to the Interest Rate Swap.

  • Additional Refinancing Amount means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Allowable Amount is defined in the EOC. In addition: • Coinsurance is calculated from the Allowable Amount or Benefit maximum, whichever is less.

  • Closing Amount has the meaning set forth in Section 2.3.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • amount when used in regard to securities, means the principal amount if relating to evidences of indebtedness, the number of shares if relating to capital shares and the number of units if relating to any other kind of security.

  • Undisputed Amounts has the meaning set forth in Section 2.04(c)(iii).

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

  • Maximum Swingline Amount means $5,000,000.

  • Excess Amounts means Available Monies after distributions made in accordance with Section 7.05.