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 are estimated to be sufficient until the Obligation ends on XXXX, 2019.

  • Obligated funds in this Agreement total $166,000 to support the Saratoga Area Senior Coordinating Council (“SASCC”) and the West Valley Community Services of Santa ▇▇▇▇▇ County, Inc.

  • Any Obligated funds shall be Expended by SUBRECIPIENT by June 30, 2024.

Related to Obligated funds

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

  • Related Fund means, with respect to any Lender that is an investment fund, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor.