Cost Share Amount Sample Clauses

Cost Share Amount. Borrower shall expend, in support of the Project, $_,000,000.00 (the “Cost Share Amount”) proportionate to the disbursements as set forth in Section 2.7 of this Agreement. Acceptance of this Agreement by Borrower certifies that the Cost Share Amount will be available to Borrower for use in support of the Project as described in Exhibit
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Cost Share Amount. Borrower shall expend, in support of the Project, $_____________ (the “Cost Share Amount”) proportionate to the disbursements as set forth in Section 2.6 of this Agreement. Acceptance of this Agreement by Borrower certifies that the Cost Share Amount will be available to Borrower for use in support of the Project as described in Exhibit V. The Cost Share Amount shall be made available and used in accordance with the guidelines set forth in Exhibit I and Exhibit III, and Borrower shall be required to account for the expenditure of the Cost Share Amount from time to time during the Term of the Agreement in accordance with the cost share ratio set forth in Exhibit III and Exhibit V. The Cost Share Amount must be used directly in support of the Project and not for coincidental or related/similar allocations. The Cost Share Amount must be necessary and directly allocable to activities that support the Project objectives. Resources designated for cost share cannot be used and counted against the Cost Share Amount if such resources have also been, or will be, counted toward satisfying a cost share requirement of another award of grant or loan funds from Director. If Borrower is unable to satisfy its cost share amount and is able to substitute resources of its own or from other sources in an amount equal to or greater than the Cost Share Amount, Director shall accept the substitution of resources and Borrower shall be deemed to be in compliance with its cost share commitment. In the event Borrower is not able to provide the Cost Share Amount as required by this Agreement, Borrower shall be in default and Director may, in its discretion, either terminate this Agreement and the award of Loan Funds or reduce the award of Loan Funds to be received by Borrower proportionate to the shortfall in the Cost Share Amount. For the sake of clarity, the provision of investment capital in accordance with Section 2.1 and the other provisions of this Agreement is a proper expenditure of the Cost Share Amount.
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Cost Share Amount. For purposes of this Agreement, the term “Subcontractor” means an individual, corporation, partnership or other legal entity having a contract, purchase order or other agreement with the Contractor or with any other Subcontractor for performance of any part of the Study. Subject to the provisions of Clause B(4), in addition to the USTDA Grant Funds provided, the Contractor shall ensure that the Contractor and/or its Subcontractors fund at least [amount of the cost share spelled out in words] United States Dollars (US$ [dollar amount of cost share]) of the costs required to complete the full Terms of Reference (the “Cost Share”), as set forth in the Budget Estimate.
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Cost Share Amount. In addition to the USTDA Grant funds provided, Contractor shall ensure that Contractor and/or its subcontractors cover at least US$ complete the full Terms of Reference (“Cost Share”).
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Cost Share Amount. A. Subject to the limitations contained in Paragraph 10.E, the State of New Mexico shall provide the balance of the Cost Share to Reclamation as follows:
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Related to Cost Share Amount

  • Cost Share Federal and provincial governments support AgriInsurance programs by paying all administration expenses and sharing premium costs with the Insured.

  • Average Contribution Amount For purposes of this Agreement, to ensure that all employees enrolled in health insurance through the City’s HSS are making premium contributions under the Percentage-Based Contribution Model, and therefore have a stake in controlling the long term growth in health insurance costs, it is agreed that, to the extent the City's health insurance premium contribution under the Percentage-Based Contribution Model is less than the “average contribution,” as established under Charter section A8.428(b), then, in addition to the City’s contribution, payments toward the balance of the health insurance premium under the Percentage-Based Contribution Model shall be deemed to apply to the annual “average contribution.” The parties intend that the City’s contribution toward employee health insurance premiums will not exceed the amount established under the Percentage-Based Contribution Model.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Grant Amount The maximum amount payable by the State under this Agreement shall not exceed $2,000,000

  • Adjustment for Volume Deficit If Sale Area Map indicates that there are incompletely Marked subdivisions and if Contracting Officer determines that a deficit in the estimated volume will cause the volume cut to be less than 90 percent of the total estimate shown in A2, Forest Service, upon request by Purchaser, shall des- ignate additional timber within Sale Area. Such additional timber shall be limited to that estimated to be necessary to reach approximately the estimated volumes by species listed in A2. Any such additional designation shall be con- sistent with land and resource management plans.

  • Non pre-priced Adjustment Factor To be applied to Work deemed not to be included in the CTC but within the general scope of the work:

  • Contingent Price Adjustment It is the policy of the State of Oregon that unprocessed timber shall not be exported from lands owned or managed by the STATE or any of its political subdivisions or agencies, in accordance with the terms of current federal law and the Constitution and the laws of the State of Oregon. PURCHASER specifically agrees that Section 1 is a material term of this contract and is part of the consideration offered to STATE in return for STATE's performance. In the event that any federal law or state constitutional provision or law or any provision of this contract concerning export of unprocessed timber is declared invalid by any court or administrative tribunal, PURCHASER agrees to pay to STATE a contingent price in the amount of the difference between the purchase price set forth in this section and the price obtained by PURCHASER for the exported unprocessed timber. The default provisions of OAR 629-032-0000 through 629-032-0070 shall not apply to exported unprocessed timber. In the event that timber made available under this contract is exported in violation of this contract, PURCHASER shall be in material breach of the contract. STATE shall be entitled to cease performance of the contract and recover, in addition to the adjusted price set out above, a further sum estimated to compensate for administrative expense and the economic impact of the violation upon the State and its citizens. In no case shall this additional amount be less than $10,000 per incident.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • Maximum Contract Amount 4.4.1. Notwithstanding any other provision of this Agreement, the City’s maximum payment obligation will not exceed ($_) (the “Maximum Contract Amount”). The City is not obligated to execute an agreement or any amendments for any further services, including any services performed by the Contractor beyond that specifically described in Exhibit A. Any services performed beyond those in Exhibit A or performed outside the Term are performed at the Contractor’s risk and without authorization under this Agreement.

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