Financial Allocation Sample Clauses

Financial Allocation. 2.1 The BFI’s financial settlement for 2016-20 is as set out in its Spending Review Settlement letter and any further allocation letters.

Financial Allocation. In consideration of the development, delivery and completion of the Project, grant funding in the sum of €X (“Grant Funding”) is being allocated to the Grantee by the Department – subject to internal annual Estimates, and budget processes and the requirement to secure any necessary sanctions, at which point the final 20XX allocation will be confirmed and notified to the Grantee. The Grant Funding for the Project is being provided by XXX. Money will be drawn down through submission of a grant recoupment form to the Creative Ireland Programme in the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media. The Grantee agrees that the Grant Funding subject to this SLA may be recouped by the Department if, in the opinion of the Department, the Grantee fails to deliver as agreed per Work Schedule in Appendix I. Funding provided under this agreement must be drawn down within the calendar year specified as per Appendix II, and requests for draw down should be submitted by mid-November each relevant year to ensure payment processing before year end. If for some reason full draw down is not expected, the Grantee must inform the Department at the earliest opportunity.

Financial Allocation. 2.1. The BTA’s financial settlement for 2020-21 is set out in its Spending Review Settlement letter from the Permanent Secretary. This letter includes the conditions of funding and the programme/admin split of the resource budget. 2.2. The BTA’s resource budget for the financial year 2020-21 is £39.14m (excluding depreciation). This represents an increase, in real terms, on 2019-20. The budgetary split between VisitBritain and VisitEngland should mirror the split in 2019-20. 2.3. The BTA’s capital settlement for 2020-21 is £0.186m. 2.4. The BTA were also awarded £5.5m to continue the Discover England Fund into 2020-21.

Financial Allocation. The NHMF’s financial settlement for 2016-20 is as set out in its Spending Review Settlement letter of 3 March 2016 and any further allocation letters.

Financial Allocation. The overall indicative amount made available under this Call for Proposals is EUR 1.800.000,00. AICS reserves the right to not allocate all available funds. The budget requested from AICS for each project proposal submitted under this call must fall between the following minimum and maximum amount:  minimum amount: EUR 300.000,00  maximum amount: EUR 500.000,00 No transfer of funds is foreseen in the frame of this call for proposals. All the expenses occurred in the implementation of the winning projects will be directly managed by AICS mainly through work, service and supply contracts signed with the private sector (contractors). The Applicants shall co-finance the project with an in-kind or in cash contribution equal to at least the 10% and maximum 50% of the total budget of the action. The balance (i.e. the difference between the total cost of the action and the amount requested from AICS) must be financed from sources other than the funds made available under this Call. The procurement procedures described in point 2.5 shall be applied for the purchase of all goods, services and works included in the Application Form, even if the funds made available under this Call for Proposals will finance only part of the related costs.

Financial Allocation. The Department will write formally to the Heritage Council setting out current and capital allocations for the year 2020. The grant allocation is dependent on the ability of the Heritage Council to show the delivery of the objectives outlined above in addition to any other performance monitoring processes that may be introduced. The Heritage Council will provide:  Cash flow statements with each request for draw-down funds;  Details of the balance in each and every account held by the Heritage Council with each request for a draw-down of funds;  Draw-down requests broken down into their component parts of o Capital o Non-pay Current o Pay o Pension(ongoing cost) o Pension Lump Sums o Overtime o Allowances o Employers PRSI Payment of each draw-down is dependent on compliance with the procedures above and with any further requirements outlined in this document. 5% of both the current and capital allocations to the Heritage Council are conditional on satisfactory progress in relation to the output targets outlined at 7 under and can be withheld if necessary. In addition, the Heritage Council agrees to provide:  Annual profiles of expected draw-down broken down by the headings above;  Reconciliations between draw-down and actual expenditure (broken down by the headings above) as and when required;  All information in relation to financial and performance monitoring information requests within time-frames agreed with the Department.

Financial Allocation. The Department will formally write to the University setting out: Its annual funding allocation. The manner in which payment will be made, i.e. instalments. The University will provide: A letter with the University’s letterhead seeking payment of each funding instalment. A valid Tax Clearance Cert from the Irish Revenue Commissioners. Supplier Bank Account details. Academic and financial reports in respect of each academic year for which funding is being requested. Payment of each draw-down is dependent on compliance with the procedures above and with any further requirements outlined in this document.

Financial Allocation. Details of the financial allocation for the section is shown at Appendix C.

Financial Allocation. Details of budgetary provision are included as annual Corporate budgets, published annually on our website. The Councils maintain their own legal services to provide support to service areas. There is also financial provision made to enable the use of external legal services, where appropriate.