Required Match definition

Required Match. In order to receive the School District’s 403(b) contribution, a teacher must match the total School District contribution.
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Required Match means the amount of money an institution must pledge as required by an external funding agency in support of a proposed project for which they are seeking funds. The match does not include in-kind contributions by the institution.
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Examples of Required Match in a sentence

  • Federal Medicaid Outreach and Required Match – Local must equal each other.

  • Final payment is specifically contingent on Grantor’s approval of the nature, form and amount of the Required Match.

  • Payment is specifically contingent on Grantor’s approval of the form and amount of the Required Match.

  • Grantee shall ensure that the Required Match meets the requirements set forth within this Section 3.

  • In the event that Grantee does not meet the Required Match by the end of the Term or any requested extension, Grantor shall have the right to request repayment of Grant funds dispersed in excess of the match funds appropriately documented.

  • Extensions requested by the Grantee due to failure to meet the Required Match as set forth below shall be limited to one (1) extension per Term.

  • Required Match may be either an actual expenditure or an in-kind contribution.

  • To the extent Grantee has not met the Required Match or properly demonstrated the capability to meet the Required Match before the end of the Term of the Agreement, Grantor shall holdback ten percent (10%) of the Grant amount until such time that the Grantee can verify that the remaining Required Match has been met.

  • The Required Match must either specifically cover a portion of the actual costs of the grant-funded project or must be necessary and directly related to the accomplishments of the project objectives.

  • Participant shall document the recognized Required Match on each invoice submitted to MassTech as set forth in Section 5, Payments and Invoices, below, which must be accompanied by the Invoice Certification Form in Attachment D.