Grant Distribution Sample Clauses

Grant Distribution. Notification to eligible applicants regarding the amount they have been awarded for the FIRST grant distribution will be made no later than January 31, 2025, and will be applied by the end of the month.
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Grant Distribution. The Subrecipient and OBO agree that the funds will be distributed in accordance with the Subrecipient Funding Disbursement Policies (Exhibit D).
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Grant Distribution. MWMO agrees to disburse the Grant Funds to Grantee in accordance with this section.
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Grant Distribution. The Subrecipient and OBO agree that the funds will be distributed in accordance with the Subrecipient Funding Disbursement Policies (Exhibit D). Grant Expenditure Schedule. The Grant Expenditure Schedule will be based on the timeline provide by the Funding Review Packets, the budget templates and draw requests. All Grant proceeds that remain unexpended the later of eighteen (18) months after the date of the grant agreement or as of June 30, 2026 (or such later date to which OBO shall extend such deadline, in its sole discretion) shall be returned to OBO promptly (and in any event within ten (10) business days thereafter).
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Grant Distribution. Donors may, at the time they create a fund, recommend that the fund be managed as a permanent endowment, quasi endowment, or a non-endowed fund. Donors may also recommend a payout percentage or follow the GECF spending policy. Donors may also specify that no grants be made until the fund reaches a certain dollar amount. All grants from donor funds are subject to the Community Foundation’s variance power as noted above. The grant allocation will be made each January once the fund has achieved a minimum balance of $25,000 and achieved four quarters of earnings. The amount of the grant allocation will be the average of the prior 3-years ending fund balances, or the number of years that the fund has been in existence if less than 3 years, multiplied by the spending policy that is specified in the fund agreement. In the event of a decline of fund values due to market downturn or other factors, subsequent earnings will first be applied to restore the principal of the fund.
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Grant Distribution. Before receiving any incentive monies, applicants will need to submit a finalized hotel room night pick-up report or room night written verification from any utilized Chesapeake lodging property or properties listing the total room pick-up. Additionally, applicants will be required to submit a copy of all eligible invoices and receipts and proof of payment of eligible expenses within 90 days of the end date of the pre-approved meeting or event. If you do not provide verification, your rebate will be forfeited. Rebates will only be issued after the event has occurred and all required documentation has been submitted and verified. Reimbursement will be calculated based on the number of Chesapeake hotel rooms and the total amount of eligible invoices and receipts submitted (up to the maximum award allowed). Funds will be dispersed by check to the host organization once their final packet has been received and reviewed for eligibility, if approved. Organizations should receive a check within four weeks of approval.
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Grant Distribution. The Spending Policy is intended to ensure that distributions are consistent with a donor’s intent when that donor has specified limitations on distributions from a fund. Any such limitations must be specified at the time the fund is established. Please indicate your distribution limitations below: I would like a payout of %. Fund is quasi-endowment, which means may not last forever.
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Grant Distribution. TCC shall provide a Grant (“Grant”) to the Filmmaker in the amount of $ in recognition of being chosen the place submission. All grants shall be paid within 30 days after the Conditions Precedent in section II above are satisfied.
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Grant Distribution. Foundation will pay Grant Recipient the amounts specified in each Grant in accordance with the terms set forth therein. All other amounts set forth in the Grant, if any, are stated in and are payable in ARB. The parties will use their respective commercially reasonable efforts to promptly resolve any payment disputes. Grant Recipient understands and acknowledges that: (i) Foundation will not be involved in the operation of any Grant Recipient Activities; (ii) by providing the Grant, Foundation is only granting ARB to Grant Recipient and is not conducting any Grant Recipient Activities; (iii) Foundation is not, and will not be, registered as a virtual asset service provider under the Virtual Assets Services Providers Act of the Cayman Islands and the ARB tokens have not been, and will not be, registered with the Cayman Islands Monetary Authority; and (iv) this Agreement does not constitute a sale of virtual assets to the public.
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Related to Grant Distribution

  • Award Distribution In the event Lessor accepts Lessee's offer to purchase the Leased Property, or to substitute a new property for the Leased Property, as described in clause (b) of Section 15.4, the entire Award shall belong to Lessee provided no event of default is continuing and Lessor agrees to assign to Lessee all of its rights thereto. In any other event, the entire Award shall belong to and be paid to Lessor, except that, if this Lease is terminated, and subject to the rights of the Facility Mortgagee, Lessee shall be entitled to receive from the Award, if and to the extent such Award specifically includes such items, the following: (a) A sum attributable to the Capital Additions for which Lessee would be entitled to reimbursement at the end of the Term pursuant to the provisions of Section 10.2(c) and the value, if any, of the leasehold interest of Lessee under this Lease; and (b) A sum attributable to Lessee's Personal Property and any reasonable removal and relocation costs included in the Award. If Lessee is required or elects to restore the Facility, Lessor agrees that, subject to the rights of the Facility Mortgagees, its portion of the Award shall be used for such restoration and it shall hold such portion of the Award in trust, for application to the cost of the restoration.

  • Nonqualified Distributions If you do not meet the requirements for a qualified distribution, any earnings you withdraw from your ▇▇▇▇ ▇▇▇ will be included in your gross income and, if you are under age 59½, may be subject to an early distribution penalty tax. However, when you take a distribution, the amounts you contributed annually to any ▇▇▇▇ ▇▇▇ and any military death gratuity or Servicemembers’ Group Life Insurance (SGLI) payments that you rolled over to a ▇▇▇▇ ▇▇▇, will be deemed to be removed first, followed by conversion and employer-sponsored retirement plan rollover contributions made to any ▇▇▇▇ ▇▇▇ on a first-in, first-out basis. Therefore, your nonqualified distributions will not be taxable to you until your withdrawals exceed the amount of your annual contributions, military death gratuity or SGLI payments and your conversions and employer-sponsored retirement plan rollovers.

  • Stock Distribution /Rights Exercise Fee by any Holder of ADS(s), a fee not in excess of U.S. $5.00 per 100 ADSs (or fraction thereof) held for the distribution of ADSs pursuant to (a) stock dividends or other free stock distributions, or (b) an exercise of rights to purchase additional ADSs;

  • Elective Distributions in Cash or Shares Whenever the Company intends to distribute a dividend payable at the election of the holders of Shares in cash or in additional Shares, the Company shall give notice thereof to the Depositary at least 30 days prior to the proposed distribution stating whether or not it wishes such elective distribution to be made available to Holders of ADSs. Upon receipt of notice indicating that the Company wishes such elective distribution to be made available to Holders of ADSs, the Depositary shall consult with the Company to determine, and the Company shall assist the Depositary in its determination, whether it is lawful and reasonably practicable to make such elective distribution available to the Holders of ADSs. The Depositary shall make such elective distribution available to Holders only if (i) the Company shall have timely requested that the elective distribution is available to Holders of ADRs, (ii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7 hereof (including, without limitation, any legal opinions of counsel in any applicable jurisdiction that the Depositary in its reasonable discretion may request, at the expense of the Company) and (iii) the Depositary shall have determined that such distribution is lawful and reasonably practicable. If the above conditions are not satisfied, the Depositary shall, to the extent permitted by law, distribute to the Holders, on the basis of the same determination as is made in the local market in respect of the Shares for which no election is made, either cash upon the terms described in Section 4.1 hereof or additional ADSs representing such additional Shares upon the terms described in Section 4.2 hereof. If the above conditions are satisfied, the Depositary shall establish an ADS Record Date (on the terms described in Section 4.7 hereof) and establish procedures to enable Holders to elect the receipt of the proposed dividend in cash or in additional ADSs. The Company shall assist the Depositary in establishing such procedures to the extent necessary. Subject to Section 5.9 hereof, if a Holder elects to receive the proposed dividend in cash, the dividend shall be distributed upon the terms described in Section 4.1 hereof or in ADSs, the dividend shall be distributed upon the terms described in Section 4.2 hereof. Nothing herein shall obligate the Depositary to make available to Holders a method to receive the elective dividend in Shares (rather than ADSs). There can be no assurance that Holders generally, or any Holder in particular, will be given the opportunity to receive elective distributions on the same terms and conditions as the holders of Shares.

  • Share Distributions Upon the timely receipt by the Depositary of a notice from the Company that it intends to make a distribution that consists of a dividend in, or free distribution of Shares, the Depositary shall establish the ADS Record Date upon the terms described in Section 4.9 of the Deposit Agreement. Upon receipt of confirmation from the Custodian of the receipt of the Shares so distributed by the Company, the Depositary shall either (i) subject to Section 5.9 of the Deposit Agreement, distribute to the Holders as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date, additional ADSs, which represent in the aggregate the number of Shares received as such dividend, or free distribution, subject to the other terms of the Deposit Agreement (including, without limitation, (a) the applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes), or (ii) if additional ADSs are not so distributed, take all actions necessary so that each ADS issued and outstanding after the ADS Record Date shall, to the extent permissible by law, thenceforth also represent rights and interests in the additional integral number of Shares distributed upon the Deposited Securities represented thereby (net of (a) the applicable fees and charges of, and expenses incurred by, the Depositary, and (b) taxes). In lieu of delivering fractional ADSs, the Depositary shall sell the number of Shares or ADSs, as the case may be, represented by the aggregate of such fractions and distribute the net proceeds upon the terms described in Section 4.1 of the Deposit Agreement.