Eligible Purposes definition

Eligible Purposes means purposes and expenses which are specified in the FOA as being eligible award costs for funding.
Eligible Purposes means (1) the payment or reimbursement of
Eligible Purposes means purposes and expenses which are specified in the NOFA as being eligible for funding.

Examples of Eligible Purposes in a sentence

  • The Awardee shall expend Award funds only for Eligible Purposes in accordance with the RUS approved line item Project budget and Form(s) 481 submitted to RUS prior to the advance of funds.

  • The Qualified Issuer will use Bond Proceeds to make Bond Loans to Eligible CDFIs for Eligible Purposes, as those terms are defined in section 1808.102.

  • In accordance with the Regulations, Eligible CDFIs must finance or refinance Secondary Loans for Eligible Purposes (not including loan loss reserves) that comply with Secondary Loan Requirements.

  • To see if the Town will vote to raise and appropriate the sum of thirty thousand dollars ($30,000) to continue improvements to the recreation complex located on Rt 4 including but not limited to expansion of parking, improving drainage, loaming and seeding and general equipment and improvements to the existing fields.

  • As Secondary Loans are repaid, the Eligi- ble CDFI may, through the Relending Fund, Refinance and substitute as col- lateral for the Bond Loan other loan(s) for Eligible Purposes that meet the re- quired Secondary Loan Requirements, provided that the Eligible CDFI makes Bond Loan payments as required.


More Definitions of Eligible Purposes

Eligible Purposes means working capital necessary to secure a performance bond from a surety to complete contract work. Performance bonds shall be specific to particular contracts. In the case of homebuilders, eligible purpose means construction of a low to moderate income single family owner occupied home. Eligible purposes do not include an insured loan made primarily to pay off or refinance an existing debt to a creditor whose loan is inadequately secured or who is in danger of sustaining a loss.
Eligible Purposes means purposes and expenses which are specified in the as being eligible for funding.
Eligible Purposes means (1) the payment or reimbursement of costs of any “redevelopment project” or other undertaking in furtherance of a “redevelopment plan” in any “area in need of redevelopment” or “area in need of rehabilitation” within the municipality (including, but not limited to, redevelopment projects and undertakings located within the industrial zone), as such terms are defined in the “Local Redevelopment and Housing Law”, P.L.1992, c.79 (C.40A:12A-1 et al.), (2) the making of municipal subsidies or contributions as authorized by P.L.1992, c.79, (3) the payment or reimbursement, within or relating to any urban enterprise zone located within the municipality, of such costs as are enumerated in the definition of “project” as contained in subsection c. of section 29 of P.L.1983, c.303 (C.52:27H-88), without reference to the zone assistance fund or the zone development corporation, (4) the payment of bonds issued for any of the foregoing purposes,
Eligible Purposes means the purposes described in the Scopes of Work.
Eligible Purposes means purposes and expenses which are specified in the ConnectMT Application Guide and program administration manual as being eligible for funding. “Eligible project” may be awarded funding under this section for an eligible project that constitutes an unserved or underserved area as defined. [Section 2 (11) and (12), SB 297]
Eligible Purposes means those ordinary and regular costs incurred by the Borrower in connection with the implementation of the transition process contemplated by Section 22B-120 of the Illinois Pension Code, including for office space and equipment, personnel, and professional services, as well as interest on the Loan.
Eligible Purposes means those ordinary and regular costs incurred by the Borrower in connection with the implementation of the transition process contemplated by such Section 22C-120, including for office space and equipment, personnel, and professional services, as well as interest on the Loan.