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

  • Subject to the terms and conditions hereof, at each Closing payment of the purchase price for the Securities sold on such Closing Date shall be made by Federal Funds wire transfer, against delivery of such Securities, and such Securities shall be registered in such name or names and shall be in such denominations, as the Placement Agent may request at least one business day before the time of purchase (as defined below).

  • The total not-to-exceed amount includes the following: Total Federal Funds: $526,568.00 Total State Funds: $0.00 Under this Grant Agreement funds will be allocated per Project FY and all expenditures under the Grant Agreement must be within the identified Project FY and in accordance with the Project FY Budget.

  • The total not-to-exceed amount includes the following: Total Federal Funds: $170,000.00 Total State Funds: $0.00 All expenditures under the Grant Agreement will be in accordance with Attachment B - Budget.

  • Except for services hereinafter specifically listed to be furnished solely at DOTD’s expense or solely at the Entity’s expense, the cost of this Project will be a joint participation between DOTD and the Entity, with DOTD or the Entity contributing the local match of the participating approved project Stage/Phase and the Federal Highway Administration, hereinafter referred to as “FHWA,” contributing Federal Funds through DOTD, as shown in the Funding Table.

  • The total not-to-exceed amount includes the following: Total Federal Funds: $366,365.00 Total State Funds: $0.00 Funds will be allocated for eac beginning July 1 and ending June 30 each year, under this Grant Agreement.


More Definitions of Federal Funds

Federal Funds means funds available through Title IV, Part A, and Title V, Part A.
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 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 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.
Federal Funds means funds received from the federal