Flexible Contribution Funding definition

Flexible Contribution Funding or "FLEX" means a Contribution for a program, service or activity for which any unexpended balances may be used by the Recipient, if conditions specified in this Agreement are met, until the earlier of the end of that program, service or activity and the expiry or termination of this Agreement.
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Flexible Contribution Funding or "FLEX" means a Contribution for a program, service or activity for which any unexpended balances may be used by the Council, if conditions specified in this Agreement are met, until the earlier of the end of that program, service or activity and the expiry or termination of this Agreement.
Sample 1Sample 2
Flexible Contribution Funding or "FLEX" means a Contribution for a program, service or activity for which any unexpended balances may be used by the Council, if conditions specified in this Agreement are met, until the earlier of the end of that program, service or activity and the expiry or termination of this Agreement. "Grant Funding" or "GRANT" means funding for a program, service or activity that may be used by the Council if conditions specified in this Agreement are met. "Set Contribution Funding" or "SET" means a Contribution for a program, service or activity for which any unexpended funding or any ineligible expenditure must be reimbursed to Canada. "Unexpended Fixed Funding" means the amount by which funding provided under this Schedule for a program, service or activity identified as FIXED in Schedule "FED‐1" for a Fiscal Year exceeds the amount that the Council expends on that program, service or activity in that Fiscal Year. 1.2 Where more than one Federal Department provides funding under Streamlined model does not use definitions.
Sample 1

Examples of Flexible Contribution Funding in a sentence

  • The Council shall reimburse to Canada the difference between the amount provided to the Council under Schedule "FED-1" for each Program funded by Flexible Contribution Funding for a Fiscal Year and the amount expended by the Council on that Program (subject to any reallocation of Funding between Programs as may be permitted by a Schedule) in accordance with this Agreement until the end of that Program or the expiry or termination of this Agreement, whichever comes first.

  • The Council may expend Set Contribution Funding, Fixed Contribution Funding and Flexible Contribution Funding only as permitted in this section.

  • Finally, the report only considers political mobilization against contracting out and not business or ideological lobbying in favor of it.


More Definitions of Flexible Contribution Funding

Flexible Contribution Funding means the Funding for Programs listed in Schedule "FED-1" under the heading "Flexible Contribution".
Sample 1
Flexible Contribution Funding means a Contribution for a program, service or activity for which any unexpended balances may be retained by the Recipient, if conditions specified in the funding agreement are met, until the earliest of the end of that program, service or activity, the expiry of the funding agreement, and the early termination of the funding agreement.
Sample 1

Related to Flexible Contribution Funding

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.