Misused Funds definition

Misused Funds means appropriating, using or dealing with the Funding or part of the Funding in a manner: other than in accordance with this Agreement; that constitutes Improper Conduct; or that is considered by us to be at risk of either (a) or (b), whether directly or indirectly and whether intentionally or unintentionally. Objectives means the objectives of the Funded Activity described at Item 2.
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Misused Funds means city or town monies or resources used unlawfully as proscribed by this section.
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Misused Funds means school district monies or resources used
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Examples of Misused Funds in a sentence

  • However, it may not be easy to ascertain whether a Member has intentionally Misused Funds or has done so unintentionally.

  • Possibility of Liability if Family Member/Friend Has Misused Funds • Recent agreements have “responsible party” agree to pay fees from resident’s funds (if RP has access), and apply for Medicaid for resident.

  • OF INSPECTOR GENERAL, VBA’s Fiduciary Program Needs to Improve the Timeliness of Determinations and Reimbursements of Misused Funds (July 21, 2021).

  • Unspent, Unacquitted and Misused Funds Except in the last financial reporting period of the Term (in which case clause 27.2 applies), Where you are fully compliant with this Agreement, and with our written approval, Unspent Funds may be carried over into the next financial reporting period, and those Unspent Funds must be used for the Funded Activity, be identified in subsequent Reports, and be acquitted in accordance with this Agreement.


More Definitions of Misused Funds

Misused Funds means Funds not used for the intended purpose.
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Related to Misused Funds

  • Related Funds means with respect to any Lender that is an Approved Fund, any other Approved Fund that is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

  • Segregated funds means the amount of benefits that would

  • Pledged Funds means all of the Series Pledged Funds.

  • Approved Fund means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.

  • Controlled Investment Affiliate means, as to any Person, any other Person, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;

  • Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.