Common use of Funds Availability Clause in Contracts

Funds Availability. Member acknowledges that the Subsidy is subject to funds availability and rationing. Funding deferrals or funding denials are likely to occur, and the Bank shall not be liable for losses incurred for such delays, denials or Subsidy recaptures.

Appears in 9 contracts

Sources: Homeboost Down Payment Assistance Master Agreement, Homeownership Initiatives Master Agreement, Homeownership Initiatives Master Agreement

Funds Availability. Member acknowledges that the Subsidy is subject to funds availability and rationingavailability. Funding deferrals or funding denials are likely to occur, and the Bank shall not be liable for losses incurred for such delays, denials or Subsidy recaptures.

Appears in 6 contracts

Sources: Elevate Small Business Grant Master Agreement, Disaster Relief Program Master Agreement, Disaster Relief Program Master Agreement