Required Receipts definition

Required Receipts means the documentation describing what works were completed by the Applicant and the associated costs.
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Examples of Required Receipts in a sentence

  • More specifically, the Final Amount payable by the Municipality shall be determined by the Required Receipts and shall be the lesser of fifty percent of the total costs of the construction costs under the Beautification Grant for the construction materials and labour and shall not exceed the amount specified in Subsection 2(1).

Related to Required Receipts

  • Required Reserve means, on any day during a Calculation Period, the product of (a) the greater of (i) the Required Reserve Factor Floor and (ii) the sum of the Loss Reserve, the Interest Reserve, the Dilution Reserve and the Servicing Reserve, times (b) the Net Pool Balance as of the Cut-Off Date immediately preceding such Calculation Period.

  • Required Reserve Amount means, with respect to any Payment Date, 0.25% (or such other higher percentage as may be determined by the Depositor, in its sole discretion, on or prior to the Closing Date) of the difference of the Aggregate Starting Principal Balance less the Yield Supplement Overcollateralization Amount as of the Cutoff Date of all Receivables transferred to the Trust.