Grant advance definition

Grant advance means the portion of the grant award paid to the grantee after returning a signed grant agreement and prior to project implementation.
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Examples of Grant advance in a sentence

  • GRANTEE will return any Grant advance funds that exceed actual expenditures paid by GRANTEE and confirmed by invoices.

  • Additionally, the Company has reclassified the outstanding IDB Grant advance as a separate line item on the face of the accompanying Consolidated Balance Sheets.

  • The Grants line item is normally negative but due to receiving a CAP Grant advance of $160,000.

  • The programme will address the latest updates, promoting and celebrating the impact of the Factoring and Commercial Finance Industry in supporting the real economy and employment in Europe.

  • The currency of the ADB loan advance account is EUR, and for the ADF Grant advance account is US dollar.

  • Revenues consisted of $45,286.91 in property taxes, $4,579.37 in interest income, $1,100.00 in Friends of the Preserve donations, a $50.00 FK Elson donation, and a $15,000.00 DNR Lake Planning Grant advance.

  • The Statement of Operations showed $20,236.14 in revenues over the last three months ending June 30th, including a$15,000.00 DNR Lake Planning Grant advance.

  • The Bank shall not: • Grant advance against other bank’s deposit.

  • The amount of the Grant advance payment shall be rounded down to the nearest Czech crown.

  • The WDNR also provided a Grant advance of $5,947.09 to the District.

Related to Grant advance

  • Equipment Advance is defined in Section 2.1.1.

  • Term Advance has the meaning specified in Section 2.01(a).

  • SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Eligible advance means an advance made before August 19, 1993.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Prime-based Advance means an Advance which bears interest at the Prime-based Rate.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Revolving Advance has the meaning given in Section 2.1.

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Lender pursuant to Section 2.02(b).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • ABR Advance means an Advance which bears interest at the ABR Rate.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Nonrecoverable Advance Any portion of an Advance previously made or proposed to be made by the Master Servicer that, in the good faith judgment of the Master Servicer, will not be ultimately recoverable by the Master Servicer from the related Mortgagor, related Liquidation Proceeds or otherwise.