Examples of Uncommitted Funds in a sentence
The Board retains discretion to discontinue, reduce or suspend Subsidies if the Uncommitted Funds are insufficient to meet the total Subsidy commitments – both ongoing obligations for Subsidies awarded in prior years and new awards.
Each calendar year, the Board shall consider the amount of deposits into the Water Protection Fund and the amounts required to maintain sufficient reserves per Section 8.1 to determine and establish the amount of any Uncommitted Funds.
The Uncommitted Funds that the Board, in its discretion, determines are available in a given calendar year shall be the Calendar Year Allocation to be awarded to Participating Local Government Units for Qualified Projects first appearing on the Intended Use Plan Project Listing for that year and to Pre-existing Projects.
The Board retains discretion to discontinue, reduce or suspend subsidies if the Uncommitted Funds in the Water Protection Fund are insufficient to meet the total subsidy commitments – both ongoing obligations for subsidies awarded in prior years and new awards.
The Board has complete discretion to determine the portion of the Water Protection Fund that comprises Uncommitted Funds, including discretion to withdraw funds from reserve so that they are deemed Uncommitted Funds.
There are sufficient funds available for both projects in the CPF Uncommitted Funds.
Make sure it matches the electronic Project Programming Request form.• Uncommitted Funds: May only be from those programs identified in Section 16B.
Committed and Uncommitted Funds The Commission will regard funds as committed when they are programmed by the Commission or when the applicant with discretionary authority over the funds has made its commitment to the project by ordinance or resolution.
In the event that after June 2, 2012, the Donor instructs the Bank to refund the Uncommitted Funds amount to the Donor, the written notification of the Donor will contain the account information necessary for such refund.
Committed / Uncommitted Funds The Commission will program and allocate funding to projects in whole thousands of dollars and will include a project only if it is fully funded from a combination of ATP funds and other committed funds.