Common use of Award Disbursement Clause in Contracts

Award Disbursement. The maximum not-to-exceed amount payable to Grantee under this Grant Agreement, which includes allowable expenses, is $200,000. City will not disburse funds to Grantee in excess of the not-to-exceed amount and will not disburse funds until this Grant Agreement has been signed by all parties. Xxxxxxx understands and agrees that City’s participation in this Agreement is contingent on City receiving appropriations, limitations, allotments or other expenditure authority sufficient to allow City, in the exercise of its reasonable administrative discretion, to participate in this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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Award Disbursement. The maximum not-to-exceed amount payable to Grantee under this Grant Agreement, which includes allowable expenses, is $200,00081,011. City will not disburse funds to Grantee in excess of the not-to-exceed amount and will not disburse funds until this Grant Agreement has been signed by all partiesParties. Xxxxxxx Grantee understands and agrees that City’s participation in this Grant Agreement is contingent on City receiving appropriations, limitations, allotments or other expenditure authority sufficient to allow City, in the exercise of its reasonable administrative discretion, to participate in this Grant Agreement.

Appears in 1 contract

Samples: Grant Agreement

Award Disbursement. The maximum not-to-exceed amount payable to Grantee under this Grant Agreement, which includes allowable expenses, is $200,000. City will not disburse funds to Grantee in excess of the not-to-exceed amount and will not disburse funds until this Grant Agreement has been signed by all parties. Xxxxxxx Grantee understands and agrees that City’s participation in this Agreement is contingent on City receiving appropriations, limitations, allotments or other expenditure authority sufficient to allow City, in the exercise of its reasonable administrative discretion, to participate in this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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Award Disbursement. The maximum not-to-exceed amount payable to Grantee under this Grant Agreement, which includes allowable expenses, is $200,000125,000. City will not disburse funds to Grantee in excess of the not-to-exceed amount and will not disburse funds until this Grant Agreement has been signed by all parties. Xxxxxxx Grantee understands and agrees that City’s participation in this Agreement is contingent on City receiving appropriations, limitations, allotments or other expenditure authority sufficient to allow City, in the exercise of its reasonable administrative discretion, to participate in this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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