Approval of Funding Requests Clause Samples

The 'Approval of Funding Requests' clause establishes the process and requirements for obtaining authorization before funds are disbursed or committed. Typically, this clause outlines who has the authority to approve funding, the documentation or justification needed, and any thresholds or conditions that must be met for approval. For example, it may require that all funding requests above a certain amount receive written approval from a designated manager or committee. The core function of this clause is to ensure financial oversight and control, preventing unauthorized or inappropriate use of funds and promoting accountability within the organization.
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Approval of Funding Requests. The Trustee shall approve any funding request that meets the requirements of this State Trust Agreement and its Appendices. If a Beneficiary submits multiple pending Eligible Mitigation Action funding requests that exceed the allocated funds available to the Beneficiary, the Trustee shall contact the Beneficiary for direction regarding the allocation and timing of payments for each such request. Within 60 Days after receipt of each Eligible Mitigation Action funding request, the Trustee shall transmit to the requesting Beneficiary and post on the State Trust’s public- facing website a written determination either: (i) approving the request; (ii) denying the request; (iii) requesting modifications to the request; or (iv) requesting further information. A Beneficiary may use such written determination as proof of funding for any DERA project application that includes Trust Funds as a non-federal voluntary match, as described in Appendix D-2. The Trustee shall respond to any modified or supplemental submission within 30 Days of receipt. Each written determination approving or denying an Eligible Mitigation Action funding request shall include an explanation of the reasons underlying the determination, including whether the proposed Eligible Mitigation Action meets the requirements set forth in ▇▇▇▇▇▇▇▇ ▇-▇ or Appendix D-4. The Trustee’s decision to approve, deny, request modifications, or request further information related to a request shall be reviewable, upon petition of the United States or the submitting Beneficiary, by the Court.
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Approval of Funding Requests. The Trustee shall approve any funding request that meets the requirements of this Indian Tribe Trust Agreement and its Appendices. Within 60 Days after receipt of each Eligible Mitigation Action funding request, the Trustee shall transmit to the requesting Beneficiary and post on the Indian Tribe Trust’s public-facing website a written determination either: (i) approving the request;
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Approval of Funding Requests. The Trustee shall approve any funding request that meets the requirements of this Agreement and its Attachments, and furthers the purposes of this Trust. Within 60 Days after receipt of each Eligible Mitigation Action funding request, the Trustee shall transmit to the requesting Beneficiary and post on the Trust’s public-facing website a written determination either: (i) approving the request; (ii) denying the request; (iii) requesting modifications to the request; or (iv) requesting further information. A Beneficiary may use such written determination as proof of funding for any DERA project application that includes Trust Funds as a non- federal voluntary match, as described in Appendix D-2. The Trustee shall respond to any modified or supplemental submission within 30 Days of receipt. Each written determination approving or denying an Eligible Mitigation Action funding request shall include an explanation of the reasons underlying the determination, including whether the proposed Eligible Mitigation Action meets the requirements set forth in ▇▇▇▇▇▇▇▇ ▇-▇ and furthers the purposes of this Trust. The Trustee’s decision to approve, deny, request modifications, or request further information related to a request shall be reviewable, upon petition of the United States or the submitting Beneficiary, by the Court.
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Approval of Funding Requests. The Trustee shall approve any funding request that meets the requirements of this Agreement and its Attachments, and furthers the purposes of this Trust. Within 60 Days after receipt of each Eligible Mitigation Action funding request, the Trustee shall transmit to the requesting Beneficiary and post on the Trust’s public-facing website a written determination either: (i) approving the request; (ii) denying the request; (iii) requesting modifications to the request; or (iv) requesting further information. A Beneficiary may use such written determination as proof of funding for any DERA project application that requires includes a Trust Funds as a non-federal DERA cost shareVvoluntary Mmatch, as described in Appendix D-2. The Trustee shall respond to any modified or supplemental submission within 30 Days of receipt. Each written determination approving or denying an Eligible Mitigation Action funding request shall include an explanation of the reasons underlying the determination, including whether the proposed Eligible Mitigation Action meets the requirements set forth in Appendix D-2 and furthers the purposes of this Trust. The Trustee’s decision to approve, deny, request modifications, or request further information related to a request shall be reviewable, upon petition of the United States or the submitting Beneficiary, by the Court.
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Approval of Funding Requests. The Trustee shall approve any funding request that meets the requirements of this Indian Tribe Trust Agreement and its Appendices. The Trustee shall transmit to the requesting Beneficiary via Intralinks and post on the Indian Tribe Trust’s public-facing website a written determination either: (i) approving the request; (ii) denying the request; (iii) requesting modifications to the request; or (iv) requesting further information according to the following schedule: for the first funding cycle -- within 60 Days after the deadline for Beneficiaries to submit a revised EMA Certification Form (Appendix D-4); and for the second through fifth funding cycles -- within 60 Days after the deadline for Beneficiaries to submit an EMA Certification Form (Appendix D-4) in each funding cycle; provided that, if the Trustee requests a modification to an EMA Certification Form (Appendix D-4) or additional information from a Beneficiary, the Beneficiary shall submit a modified EMA Certification Form (Appendix D-4) or the additional information to the Trustee no later than 30 Days after receiving the Trustee’s request via Intralinks. The Trustee shall transmit to the requesting Beneficiary via Intralinks and post on the Indian Tribe Trust’s public-facing website a written determination either approving or denying the modified EMA Certification Form (Appendix D-4) within 30 days after receipt of the modified EMA Certification Form (Appendix D-4) or additional information from the Beneficiary. A Beneficiary may use such written determination as proof of funding for any DERA project application that includes Trust Funds as a non- federal voluntary match, as described in Appendix D-2 (Eligible Mitigation Actions and Mitigation Action Expenditures). Each written determination approving or denying an Eligible Mitigation Action funding request shall include an explanation of the reasons underlying the determination, including whether the proposed Eligible Mitigation Action meets the requirements set forth in ▇▇▇▇▇▇▇▇ ▇-▇ (Eligible Mitigation Actions and Mitigation Action Expenditures) or Appendix D-4 (EMA Certification Form). The Trustee’s decision to approve, deny, request modifications, or request further information related to a request shall be reviewable, upon petition of the United States or the submitting Beneficiary, by the Court.
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Related to Approval of Funding Requests

  • Funding Request The Borrower hereby requests the Funding pursuant to Section 2.1 and Section 2.3 of the Loan Agreement.

  • Request for clarification of the report 1. Within 10 days of the release of the report, either of the disputing Parties may submit a written request to the Panel, a copy of which shall be sent to the other Party, for clarification of any items the Party considers requires further explanation or definition. 2. The Panel shall respond to the request within 10 days following the submission of such request. The clarification of the Panel shall only be a more precise explanation or definition of the original contents of the report, and not an amendment of such report. 3. The filing of this request for clarification will not postpone the effect of the Panel report nor the deadline for compliance of the adopted decision, unless the Panel decides otherwise.

  • Application Approval Our representative will notify you (or one of you, if there are co-applicants) of the Application approval, execute the Lease agreements for signature prior to occupancy, and, once complete, credit the application deposit of all applicants toward the required security deposit.

  • Source of Funding DHS shall provide funding information to all subrecipient/contractors for audit purposes, including the name of the program, the federal agency where the program originated, the Assistance Listing number and the percentages of federal, state and local funds constituting the agreement.

  • Request for Waiver A. Prior to submission of a request for a partial or total waiver, Bidder/Contractor shall speak to the Designated Contacts of the OGS Office of Minority- and Women-Owned Business Enterprises for guidance. B. In accordance with 5 NYCRR § 142.7, a Bidder/Contractor who is able to document good faith efforts to meet the goal requirements, as set forth in clause VII below, may submit a request for a partial or total waiver on Form BDC 333, accompanied by supporting documentation. A Bidder may submit the request for waiver at the same time it submits its MWBE Utilization Plan. If a request for waiver is submitted with the MWBE Utilization Plan and is not accepted by OGS at that time, the provisions of clauses V(C), (D) & (E) will apply. If the documentation included with the Bidder’s/Contractor’s waiver request is complete, OGS shall evaluate the request and issue a written notice of acceptance or denial within twenty (20) business days of receipt. C. Contractor shall attempt to utilize, in good faith, any MBE or WBE identified within its MWBE Utilization Plan, during the performance of the Contract. Requests for a partial or total waiver of established goal requirements made subsequent to Contract award may be made at any time during the term of the Contract to OGS, but must be made no later than prior to the submission of a request for final payment on the Contract. D. If OGS, upon review of the MWBE Utilization Plan and Monthly MWBE Contractor Compliance Reports determines that Contractor is failing or refusing to comply with the contract goals and no waiver has been issued in regards to such non-compliance, OGS may issue a notice of deficiency to the Contractor. The Contractor must respond to the notice of deficiency within seven (7) business days of receipt. Such response may include a request for partial or total waiver of MWBE contract goals.