Obligated funds definition

Obligated funds means those moneys that are set aside out of the district’s allocation or by the division for payment to a landowner after the commissioners have approved an application for financial incentives.
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Obligated funds means monies from a conservation district's allocated funds that have been committed to a participant after approval of the application by the district board..
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Obligated funds means funds encumbered via a signed (dispatched) purchase order/contract for the purchase of construction, maintenance and repair, commodities and/or services. The purchase order/contract is a legal liability that must be paid upon satisfactory completion of and acceptance of work or delivery.
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Examples of Obligated funds in a sentence

  • Obligated funds remain available for expenditure until September 30, 2022.

  • Obligated funds remain available for expenditure until September 30, 2020.

  • Obligated funds remain available for expenditure until September 30, 2021.

  • Obligated funds remain available for expenditure until September 30, 2024.

  • Funds received by a community empower- ment area shall be administered through a fiscal agent.169.4(3) Obligated funds.

  • Obligated funds reflects the money committed to wastewater projects while disbursed funds represent actual money that has been spent for projects.

  • Obligated funds not expended by December 31, 2026 must be returned to DED for return to Treasury.

  • Obligated funds remain available for expenditure until September 30, 2025, except that HUD may establish an earlier expenditure deadline through a grant agreement (see below).

  • Effective Date: 11/28/2016 Obligated funds must be deobligated when a determination is made that the funds are no longer needed for the purposes for which they were obligated.

  • Obligated funds remain available for expenditure until September 30, 2019.

Related to Obligated funds

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

  • Consolidated Fund means the Consolidated Fund established by this Constitution;

  • Affiliated Fund means with respect to any Investors, each corporation, trust, limited liability company, general or limited partnership or other entity under common control with that Investor (including any such entity with the same general partner or principal investment advisor as that Investor or with a general partner or principal investment advisor that is an Affiliate of the general partner or principal investment advisor of that Investor).

  • Consolidated Funded Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a Consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all purchase money Indebtedness; (c) the maximum amount available to be drawn under issued and outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (f) above of Persons other than the Borrower or any Subsidiary; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary.