Federal Funds definition

Federal Funds means federal or other immediately available funds which at the time of payment are legal tender for the payment of public and private debts in the United States of America.
Federal Funds means funds received from the federal government under a categorical grant or similar program and does not include federal funds received under a revenue sharing arrangement.

Examples of Federal Funds in a sentence

  • Xxxxx Xxxxx Act requirements will be met when Federal Funds are used for construction and/or repair of buildings or as otherwise required by applicable statute or regulation.

  • When required in a SOW Agreement the Attachment G: STATE OF VERMONT- FEDERAL TERMS SUPPLEMENT (Non- Construction) for all Contracts and Purchases of Products and Services Using Federal Funds shall apply to a SOW Agreement.

  • Total Amount of Federal Funds Awarded to System Agency: $6,858,807.00 G.

  • To the extent Party B is entitled to hold Cash, the Interest Rate payable to Party A on Cash shall be as selected below: [x] Federal Funds Effective Rate - the rate for that day opposite the caption “Federal Funds (Effective)” as set forth in the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • The total not-to-exceed amount includes the following: Total Federal Funds: $1,300,589.00 Total State Funds: $0.00 All expenditures under the Grant Agreement will be in accordance with Attachment B, Budget.


More Definitions of Federal Funds

Federal Funds means all funds paid to LPHA under this Agreement that OHA receives from an agency, instrumentality or program of the federal government of the United States.
Federal Funds means funds available through Title IV, Part A, and Title V, Part A.
Federal Funds means all funds paid to County under this Agreement that OHA receives from an agency, instrumentality or program of the federal government of the United States.
Federal Funds means those funds awarded to the State pursuant to the Clean Water Act (33 U.S.C. §1251 et seq.) or the Safe Drinking Water Act (42 U.S.C. §300f et seq.), as the same may from time to time be amended and supplemented.
Federal Funds means all funds paid to County under this Agreement that OHA receives from an agency, instrumentality, or program of the federal government of the United States.
Federal Funds means funds received from the federal
Federal Funds means the funds provided by FEMA to fund performance of the Work, which may be used to reimburse Pre-award Costs, if authorized in this Grant.