Examples of Funding Agreement in a sentence
The Contractor will be paid a maximum of $297,815.90 for implementation of the Project, as follows: Compensation in exchange for implementation of the Project pursuant to this SCIA will be paid by the UCRC from the funds the UCRC receives from Reclamation for the Pilot Program, pursuant to the Funding Agreement.
Consistent with the terms and obligations of the Funding Agreement, Reclamation is an intended third-party beneficiary of this SCIA and may enforce the terms of this SCIA against the Contractor in the same manner as the UCRC.
On September 28, 2010, Council approved Resolution No. 10-293, authorizing the execution of a Local Project Advance Funding Agreement (LPAFA) with TxDOT for the installation of the Arlington Center to Center Communication System.
The UCRC may terminate this SCIA unilaterally if required by changes in federal or state law or regulation; if the Colorado Division of Water Resources, through its employees or agents, determines that the Project is causing or is likely to cause material injury to other vested water rights; or by early termination of the Funding Agreement.