Funding Cap definition

Funding Cap has the meaning set forth in Section 3.05.

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Funding Cap means $14,800,000.

Funding Cap. (Dual Enrollment only) means the maximum of 30 semester or 45 quarter hours for which a Georgia high school student may receive payment from the Dual Enrollment funding Program, effective Summer term 2020 (FY 2021). Students who received funding for 18 semester or 27 quarter or less hours, through Spring term 2020, are subject to the Funding Cap, effective Summer term 2020 (FY 2021). Students who received funding for 19 semester or 29 quarter hours or more hours, prior to Summer term 2020 (FY 2021), were granted an additional 12 semester or 18 quarter hours as their Funding Cap effective Summer term 2020 (FY 2021).

Examples of Funding Cap in a sentence

• The term in which the student reaches the Funding Cap, the Eligible Postsecondary Institution may charge Tuition and a prorated portion of the Mandatory Fees and book costs, based on credit hours not covered by Dual Enrollment funding.

• In no event will SaskPower’s obligation related to Optional Road Funding exceed the Optional Road Funding Cap.

• Subject to the potential increase to the Research Funding Cap in accordance with this Section 4.2.7, the preceding sub-sections of this Section 4.2 shall continue in full force and effect with respect to accounting for and paying amounts owed and due under this Section 4.2 from Merck to NGM.

• A student becomes ineligible to continue receiving Dual Enrollment program funding after his or her second (2nd) course withdrawal from an approved Dual Enrollment course(s), occurring Summer term 2020 or later, regardless of the total Paid Hours or Funding Cap calculation.

• Subject to Section 2.3(ii), in the event that the CFB Funding Cap is reached, then CFB may elect not to provide further funding and may terminate the CFB IB Operation as contemplated in Section 8.1(v).

More Definitions of Funding Cap

Funding Cap means an amount fixed as the funding cap for criminal cases by the Commission for a particular financial year (which may vary according to the circumstances to which it is expressed to apply); net amount of legal assistance costs in respect of a criminal case subject to a case management plan, means the gross amount of legal assistance costs for each assisted person to whom the case management plan relates less the amount of any payments the Commission has received or has a reasonable prospect of recovering from each assisted person (whether under this Act or the LSC Act) or a financially associated person;

Funding Cap means an aggregate principal amount equal to the Existing Advances plus $900,000.00.

Funding Cap has the meaning set forth in Section 4.3(b)(iii).

Funding Cap means an amount equal to (i) $22,000,000 less (ii) 25% of any indebtedness or operating cash flow of DAPL Holdings or ETCO

Funding Cap means an amount fixed as the funding cap for criminal cases by the Commission for a particular financial year;

Funding Cap means the funding cap amounts as set out in column (c) of Table 1 of Annex 2;

Funding Cap means an amount equal to (i) $22,000,000 less (ii) 25% of any indebtedness or operating cash flow of DAPL Holdings or ETCO Holdings or their respective Subsidiaries (and also Dakota Access and Energy Transfer Crude Oil Company) used to fund the Specified Projects following the Closing Date.