Funding Cap definition

Funding Cap has the meaning set forth in Section 3.05.

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).

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.

Examples of Funding Cap in a sentence

• 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.

• 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.

• Courses which the student, dropped, withdrew, failed or stopped attending for which the student received funding counts toward the 30 semester and 45 quarter hours program Funding Cap.

• Upon receipt of a Funding Notice, the Developers, and District if it has only deposited a portion of its funds, shall have fifteen (15) business days to deposit with Escrow the second twenty-five percent (25%) of their pro rata share of the Funding Cap and District shall deposit a second twenty-five percent (25%) of the Excess Construction Costs, if any (the “Second Payment”).

• Without prejudice to the generality of the foregoing, the Authority in that regard agrees to: • Complete all such documents and perform all such acts as may be required by the Supplier, Authority or the ESFA to enable the Supplier to recover the Charges (other than the Costs Above the Funding Cap, if any) from the ESFA in such instalments of such frequency and amount, and commencing on such date, as is prescribed by or for which provision is made in the Funding Rules.

More Definitions of Funding Cap

Funding Cap has the meaning assigned in Section 2.1 hereof.

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; related trials—trials are related trials if the charges the subject of each trial are founded on the same facts or form, or are a part of, a series of offences of the same or a similar character (whether or not relating to the same accused person).

Funding Cap. $75,000,000 subject to adjustment, up or down, in accordance with Section 2.04(b), but in no event to exceed $88,000,000.

Funding Cap. Yes Amount:(pound)450,000 Initial Prepayment: UK Sales - 70% of approved eligible debts Non-Notifiable Debts: Cash, pro-forma & credit card sales. Exports to non-OECD countries. Sales to Associated Companies (Ultralife Batteries Inc.) Sales to customers who are also suppliers. Sales to customers in the USA who receive prod, directly from Ultralife Batteries Inc. Projected Annual Turnover (inc. VAT): (pound)5,500,000 (excluding non-notifiable debts) Customer Credit Terms Standard: 30 days from date of invoice Exceptional: 60 days from date of invoice CHARGE FOR SERVICES 60 days from date of invoice Proposed Commission Charge: 0.55% per annum Subject to VAT at the standard rate and expressed as a percentage of gross annual sales turnover.

Funding Cap means $1,000 for each acre under production of hybrid or vinifera wine grapes (classes 5 to 10f) up to the Maximum Available Grant defined over 5 years of the MVIP, namely under the Wine and Grape Strategy (2015 to 2019) and under the Canadian Agricultural Partnership (the Partnership) (2020).

Funding Cap means (a) from and after March 28, 1996 through March 27, 1997, the sum of TWO MILLION FIVE HUNDRED DOLLARS ($2,500,000); and (b) from and after June 1, 1997 through March 27, 1998, the sum of SEVEN MILLION FIVE HUNDRED THOUSAND DOLLARS ("7,500,000").

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