Local Matching Share definition
Examples of Local Matching Share in a sentence
The Charter School’s Apportionment (“Apportionment”) is contingent upon the Charter School paying its 50% Local Matching Share obligation, which will be paid to the State by way of payments pursuant to the Funding Agreement.
The Charter School will receive initial funding from the State for the Local Matching Share, less any lump sum payments made by, or on behalf of, the Charter School.
The State will provide as a grant funding for fifty percent (50%) of the approved costs for the Facilities and the School District will be responsible for fifty percent (50%) of the approved costs for the Local Matching Share for the Facilities.
The State will provide as a grant funding for fifty percent (50%) of the approved costs for the Facilities, and the Charter School is responsible for a Local Matching Share of fifty percent (50%) of the approved costs for the Facilities.
The State will provide funding for fifty percent (50%) of the approved costs for the Project in the amount of Dollars ($ ) less any amounts received through advance apportionment, and the Charter School will be responsible for the remaining balance of the approved costs for the Local Matching Share for the Project in the amount of Dollars ($ ).
The Apportionment (“Apportionment”) is contingent upon the School District paying its 50% Local Matching Share obligation, which will be paid to the State by way of a lump sum payment.
The Charter School will repay the Local Matching Share to the State by making monthly payment installments, in arrears, as provided for in the schedule of payments (“Payment Schedule”), developed in compliance with section 2.1(D).
The State will provide as a grant funding for fifty percent (50%) of the approved costs for the Facilities and the Charter School will be responsible for fifty percent (50%) of the approved costs for the Local Matching Share for the Facilities.
The Charter School will make its payments on the Local Matching Share to the State through the use of the Intercept Mechanism as described in Section 17199.4 of the Education Code.
The Charter School’s Final Apportionment (“Apportionment”) is contingent upon the Charter School paying its 50% Local Matching Share obligation by making payments to the State pursuant to this Agreement.