Unallocated Funds definition

Unallocated Funds means any cash held by the Company from time to time; and

Unallocated Funds means, as of any date, (i) the amount of capital contributions received by Parent and which have not been spent by Parent or Owner, plus all available borrowings under an Approved Credit Facility, less (ii) the amount, if any, set aside by Parent or Owner to invest in Development Activities on Assets acquired or to be acquired by Owner, or other expenses of the Parent or Owner.

Unallocated Funds means the Maximum Funded Amount less the sum of (i) the Funded Amount for all completed Approved Projects and (ii) the Approved Amount for all pending Approved Projects.

Examples of Unallocated Funds in a sentence

• Below are the main budget categories used by DYCD in HHS Accelerator Financials: • Personnel Services• Operations and Support• Utilities• Professional Services• Rent• Contracted Services• Indirect Rate• Unallocated Funds Completed budgets are submitted via HHS Accelerator Financials and first routed to the assigned DYCD Program Manager(s).

• Below are the main budget categories used by DYCD in HHS Accelerator Financials: • Personnel Services • Operations and Support • Utilities • Professional Services • Rent • Contracted Services • Indirect Rate • Unallocated Funds Completed budgets are submitted via HHS Accelerator Financials and first routed to the assigned DYCD Program Manager(s).

• Individual Fund Accounts and Unallocated Funds shall be expressed in dollars and cents.

• If the amount of Unallocated Funds is insufficient to pay or provide for any liabilities and expenses, such liabilities and expenses shall be paid or provided for out of Unallocated Shares.

• If Unallocated Funds and Unallocated Shares are exhausted, liabilities and expenses may be paid first from the Individual Fund Accounts, on a pro rata basis, and, if necessary, then from the Individual Shares Accounts, on a pro rata basis.

More Definitions of Unallocated Funds

Unallocated Funds means the portion of Authority reserve funds that have not been either (a) set aside for the purpose of meeting specific Authority Long-term Liabilities or (b) allocated in the Authority budget.

Unallocated Funds means any cash held by or on behalf of the Group and any surplus cash of the Group invested in accordance with clause 3.2 from time to time.

Unallocated Funds means any RAP tax funds that have accumulated due to earned interest, are not spent on the approved projects, or otherwise accumulate in the RAP tax funds.

Unallocated Funds shall have the meaning given to that term in Section 2(b)(i)(3).

Unallocated Funds means those funds which, although appropriated by the Legislature for use by the Commission, have not been specifically designated for a particular type of recipient by the Commission.

Unallocated Funds means Annual Funds which have not been approved by the Recipient in its funding decisions, annual business plan or otherwise for support of identifiable immediate term initiatives or for investment to support identifiable longer-term initiatives;

Unallocated Funds means reserve funds that are not allocated. 1Comment [MF1]: The intent here is to capture that a withdrawing member is entitled to their pro- rata share of all reserve funds, after the reserve balances are adjusted to meet the target ratio in the Reserve Policy. For example, the Operating Reserve target of 67% of $1 million is $670,000. If the adjusted target is now 67% of $500,000 the new “allocated reserve” would be $335,000. Therefore, any amount above $335,000 in the Operating Reserve is available for distribution based on the pro-rata share. Same concept applies to the Recycling Reserve. Kent, please review this section and modify the proposed language to legally comply with this intent.15.2 Disbursement of Unallocated Funds Upon Withdrawal.