Notice of Funds Availability definition

Notice of Funds Availability or “NOFA” shall mean the notice published by the CDFI Fund in the Federal Register that announced the availability of funds for the Capital Magnet Fund. The applicable NOFA for this Assistance Agreement is as listed on the signature page.
Notice of Funds Availability or “NOFA” means, with respect to a Mortgage Loan, the written Notice of Availability of Funds, as amended from time to time.
Notice of Funds Availability or NOFA shall mean the notice published by the CDFI Fund in the Federal Register that announced the availability of funds for the program funding round identified in the signature page of this Assistance Agreement. Partnership shall mean partnership between a Certified CDFI and a Federally Insured Depository Institution (FIDI) with a primary mission to serve targeted Investment Areas, or a partnership between two or more Certified CDFIs to accomplish the strategic goal(s) set forth in the Applicant’s Application. Payment shall mean a transfer(s) of SDL Program Assistance from the CDFI Fund to the Recipient pursuant to this Assistance Agreement. Performance Goals shall mean the performance goals and measures as described in Schedule 1. Performance Period End Date shall mean the Performance Period End Date specified in Section C of Schedule 1 hereto. Period of Performance shall mean the period beginning on the Announcement Date and ending on the Performance Period End Date. Professional Service Costs shall mean professional and consultant services rendered by persons who are members of a particular profession or possess a special skill, and who are not officers or employees of the Recipient, in accordance with section 200.459 of the Uniform Requirements. Payment for a consultant’s services may not exceed the daily equivalent of the current maximum rate paid to an Executive Schedule Level IV Federal employee. Prohibited Practices shall mean the prohibited practices as outlined in section 3.8(d) of this Assistance Agreement. Program Income shall mean gross income earned by the Recipient as a result of the Federal award as defined in the Uniform Requirements. Recipient shall mean the entity that receives SDL Program Assistance under this Assistance Agreement. Regulated Institutions shall mean Insured Credit Unions, Insured Depository Institutions, State- Insured Credit Unions, and Depository Institution Holding Companies. Service Request shall mean a written inquiry or notification submitted to the CDFI Fund via AMIS.

Examples of Notice of Funds Availability in a sentence

  • Notice of Funds Availability (NOFA) announcements will include language that requires prospective project proposals to include as part of the initial development team, a SBE Architectural firm either in the position of prime or part of a joint venture.

  • A Notice of Funds Availability (NOFA) is issued when funding for a grant competition has been appropriated by Congress (or a Notice of Funding Opportunities (NOFO) is issued when funding for a grant competition is anticipated but not yet available).

  • However, the POP is subject to change based on changes in the HMA Guidance and Notice of Funds Availability.

  • More- over, notwithstanding paragraphs (a)(1) and (a)(2)(ii) of this section, the Fund reserves the right to require an entity to have been certified as described in § 1805.201(a) prior to its submission of an application for assistance, as set forth in an applicable Notice of Funds Availability.

  • The Servicing Release Fee compensation may be changed by MFA from time to time by amendment to this Notice of Funds Availability.

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  • If a State or U.S. Terri- tory does not apply for or fails to give adequate notice of its intent to apply for a formula-based grant as announced by the Corporation and published in ap- plications and the Notice of Funds Availability, the Corporation will use the amount of that State’s allotment to make grants to eligible entities to carry out AmeriCorps programs in that State or Territory.

  • Subpart F—Applications for Assistance§ 1805.600 Notice of Funds Availability.Each Applicant shall submit an ap- plication for financial or technical as- sistance under this part in accordance with the applicable Notice of Funds Availability published in the FEDERAL REGISTER.

  • Suggested Audit Procedures• Review Hazard Mitigation Assistance Guidance and Notice of Funds Availability requirements and cross-check against awarded projects.• Test expenditures and related records for adherence to approved budget activity.

  • The project is also subject to the terms of the Notice of Funds Availability for the fiscal year competition in which the funds were awarded and to the applicable annual appropriations act.


More Definitions of Notice of Funds Availability

Notice of Funds Availability means, with respect to a Mortgage Loan, the written Notice of Availability of Funds, as amended from time to time, which is incorporated by reference into the Compliance Agreement or Mortgage Purchase Agreement for a Mortgage Loan.

Related to Notice of Funds Availability

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.

  • Availability Notice has the meaning given to it in the Grid Code;

  • Availability Block means $15,000,000.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Borrowing Notice is defined in Section 2.8.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Canadian Availability means, at any time, an amount equal to (a) the lesser of (i) the aggregate Canadian Revolving Commitments at such time and (ii) the Canadian Borrowing Base at such time, minus (b) Commitment Reserves established with respect to the Canadian Loan Parties and/or the Canadian Collateral at such time minus (c) the Aggregate Canadian Credit Exposure at such time.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Availability Certificate means a certificate substantially in the form of Annex 3 hereto, appropriately completed and duly signed by your Authorized Officer.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.