Grant Commitment definition

Grant Commitment means the approval of The Office of School Construction Grants and Review (“OSCG&R”) for authorization for a State grant commitment.
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Grant Commitment means that amount not to exceed the amount of the Grant which the Grantor is obligated to disburse to the Grantee pursuant to the terms and provisions of this Agreement and subject to the satisfaction of the conditions set forth in this Agreement, as such amount may be adjusted as provided in this Agreement.
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Grant Commitment means a binding agreement to pay grant funds in a lump sum or in installments to an eligible applicant at some future time, but in no event shall any commitment be made later than June 30, 1987. For this purpose, commitments but not the total grant funds disbursed may exceed the allocation limitations established in section 7(c), section 7(d) and section 7(e)of the act with respect to the total aggregate amount available to the pollution control account in section 7(c)(1), section 7(c)(2), and the county allocations of the water supply systems account in section 7(d)(1) of the act for each fiscal year. For the purposes of these rules and regulations, the terms "commit," "committed" and "committing"shall convey the same meaning as the term "commitment."
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Examples of Grant Commitment in a sentence

  • Juveniles served by State Aid Grant Commitment Diversion funds shall meet the definition of Commitment Diversion Eligible Population as defined in the Contract.

  • Conditional Grant Commitment signed, notarized and returned to the Town of Hamburg by client.

  • Please be aware that a Grant Commitment Letter will not be issued by MEA for an incomplete application.

  • WITHHOLDING THE BALANCE OF GRANT AMOUNT: Where a portion of the Grant amount has been disbursed to Lead Project Sponsor and State notifies Agency or Lead Project Sponsor of its decision to withhold the balance of the Grant Commitment pursuant to paragraph 17, the portion that has been disbursed shall thereafter be repaid immediately with interest by Project Sponsors, as directed by State or Agency.

  • In accordance with the RFA, the Applicant will pay a Grant Commitment Fee equal to $2,000, to be paid at closing, and is eligible for reimbursement from the grant funding.

  • Payment of a Grant Commitment Fee equal to 1.0% of the amount of the entire funding amount up to a maximum of $2,000.

  • Protective Services Committee SAFER Grant Commitment LetterMotion by Decker/Kettner to grant a Commitment Letter from the Village with the stipulation that the letter goes to the Village Attorney for approval and the Board has to accept the SAFER Grant if issued carried.

  • MEA will make one of four determinations for each application:• If the application has been found to be eligible for the CHP grant program, and if funds are available within the program, MEA can issue a Grant Commitment Letter;• Require additional information;• Application is eligible for the CHP program but waitlisted due to program demand, MEA can place the project on a waiting list in the event the program is fully subscribed and additional funding becomes available; or,• Reject the application.

  • The Phase I identified no Recognized Environmental Conditions (RECs) on the site.

  • Only juveniles meeting the definition of Commitment Diversion Eligible Population may be served by State Aid Grant Commitment Diversion funds.


More Definitions of Grant Commitment

Grant Commitment means an agreement between the Applicant and the Agency wherein specified grant funds from the Program will be available to the Applicant to complete the Eligible Project within the required timeframe.
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Related to Grant Commitment

  • Option Commitment means the notice of grant of an Option delivered by the Company hereunder to a Service Provider and substantially in the form of Schedule A attached hereto;

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Expiring Credit Commitment has the meaning set forth in Section 2.04(g).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Loan Commitment has the meaning set forth in Section 2.1.