MLT Funds definition

MLT Funds. An amount equal to or in excess of 25% of MLT Funds disbursed hereunder and expended by Recipient during the year in accordance with ORS 409.295(2); CFA/DV Funds: An amount equal to or in excess of 25% of the CFA/DV Funds disbursed hereunder and expended by Recipient during each quarter of the fiscal year in accordance with ORS 409.295(2); and FVSPA Funds: During each federal fiscal year (ending September 30) or portion thereof from the effective date of this Agreement through the Availability Termination Date, an amount equal to or in excess of 20% of FVSPA Funds disbursed hereunder and expended by Recipient during each quarter of the fiscal year in accordance with 42 USC 10402(f). The matching resources required to be expended on, or utilized in, implementation of the Program by this section may be in the form of cash derived from other sources or in-kind donations or contributions of property or services, including but not limited to volunteer hours, or any combination of the foregoing whose value equals or exceeds the minimum requirements.

Examples of MLT Funds in a sentence

  • There are sufficient moneys in the CFA/DV Fund; CFA/SA Fund; MLT Funds; and FVPSA accounts, to allow DHS, in the exercise of its reasonable administrative discretion, to make the disbursement.

  • There are sufficient moneys in the CFAA/DV Fund; CFAA/SA Fund; MLT Funds; and FVPSA Funds, to allow DHS in the exercise of its reasonable administrative discretion, to make the disbursement.