Base Funding Sample Clauses
The Base Funding clause defines the minimum or initial amount of financial support that one party is obligated to provide under an agreement. Typically, this clause specifies the exact sum, payment schedule, and any conditions attached to the disbursement of these funds, such as milestones or deliverables that must be met. By clearly outlining the baseline financial commitment, the clause ensures both parties understand the guaranteed level of funding, thereby reducing uncertainty and helping to allocate financial risk.
Base Funding. Award will be issued June 2020 for FY20. Funds can be used from March 27, 2020-December 30, 2020. Unspent funds during FY20 are eligible for carry forward to FY21 once FY20 Q4 Revenue and Expense Reports are submitted.
Base Funding. Each Party shall contribute an equal share of funds sufficient for the execution of Greenhouse Gas Inventory, Administrative Support, and future ▇▇▇▇▇▇▇▇ Climate Mitigation Plan updates. This equal share will be based on the approved budget.
Base Funding. Base Funding shall be paid in 1999 at the rate of $44,641,079 per quarter. Base Funding shall be paid in 2000 at the rate of $31,000,000 in the first quarter of 2000; $30,783,910 in the second quarter of 2000; $61,000,000 in the third quarter of 2000; and $51,000,000 in the fourth quarter of 2000. Base Funding shall be paid in 2001 at the rate of $39,325,000 per quarter.
Base Funding. An annual contribution of $235,520,472 in base funding for minority-language education and second-language instruction to support the entire education continuum, from preschool to post-secondary. This contribution is allocated among the provinces and territories according to the following historical breakdown. Subject to Subclauses 4.1 and 4.2, the base funds will be automatically renewed for one year following the expiry of this Protocol. Newfoundland and Labrador 1,301,551 2,639,295 3,940,846 ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island 1,545,732 1,076,602 2,622,334 Nova Scotia 3,896,725 3,761,355 7,658,080 New Brunswick 16,659,358 5,043,334 21,702,692 Quebec4 46,525,473 18,406,662 64,932,135 Ontario 54,992,678 24,090,634 79,083,312 Manitoba 6,774,749 5,540,451 12,315,200 Saskatchewan 2,693,018 4,039,526 6,732,544 Alberta 5,310,966 8,894,859 14,205,825 British Columbia 6,036,572 10,067,846 16,104,418 Yukon 1,235,800 977,100 2,212,900* Northwest Territories 1,382,850 1,204,705 2,587,555* Nunavut 772,885 649,746 1,422,631* *In recognition of the unique status of the territories, the Government of Canada commits to showing flexibility in allocating funding under the territorial action plans.
Base Funding. The Free City Program shall receive base funding from the City as follows: Year 1 (Fall 2019 and Spring 2020) – Fifteen Million Dollars ($15 Million); Academic Year 2 – Fifteen Million Seven Hundred Thousand Dollars ($15.7 Million); Academic Year 3 – Sixteen Million Four Hundred Thousand Dollars ($16.4 Million); Academic Year 4-10 – (Sixteen Million Four Hundred Thousand Dollars) $16.4 Million plus the CPI factor as determined by the City’s Controller.
Base Funding. The County’s base funding (“Base Funding”) of NVCT shall be an amount equal to sixty percent (60%) of the total amount appropriated by the County Board to fund NVCT Services during a fiscal year and shall be held in an Arlington-only account. The Base Funding shall be paid to NVCT by the County in semi-annual installments of sixty percent (60%) of the total annual Base Funding on December 10 and on June 10 of each fiscal year during the Term of this Agreement. The Base Funding may be used by NVCT only for the purposes of NVCT’s general operations and staff activities conducted within Arlington County, and/or associated with properties located in Arlington County, including:
1. A portion of NVCT salaries and benefits relating to NVCT staff involved in land preservation that support the Scope of Service in Section IV of this Agreement.
2. A portion of the NVCT salaries and benefits of stewardship staff who monitor conserved Arlington properties, and associated stewardship expenses, which assure compliance with the terms of the easement. Taxes incurred due to NVCT’s ownership of preserved properties in Arlington are considered stewardship expenses and may be paid from the Base Funding.
3. NVCT public outreach expenses, including NVCT staff costs, incurred in the production of printed materials, community presentations and other outreach activities in Arlington County and in NVCT’s service area outside of Arlington County if Arlington County residents are directly invited to the event or outreach activity held in the service area outside of Arlington County.
4. A portion of expenses for NVCT employee professional development in current and emerging issues in land conservation, such as attendance at the conference of Virginia’s United Land Trusts (VaULT) and the national land conservation conference (the Land Trust Alliance Rally) and the National Conservation Training Center run by the Fish and Wildlife Service and The Conservation Fund in Shepherdstown, West Virginia.
5. An event in Arlington (to be determined) as referenced in Section IV.E., with in-kind assistance from the County, which would provide meeting space without cost to the NVCT, and possibly other staff and materials, if deemed appropriate by the County.
Base Funding. The City will pay RACC base funding from special appropriations, as determined by this Agreement and the City’s Office of Management and Finance (OMF).
a. The base funding for this Agreement in FY 2021-2022 is $3,771,363.
b. Base funding will increase annually based on the consumer price index used by the City and other factors determined by the City’s Budget Office.
c. The City will provide written notice thirty (30) calendar days in advance if RACC’s base funding will be reduced as a result of: (1) severe financial restraints resulting in the curtailment of City budgets; or
Base Funding. The parties agree to provide ongoing base funding (recurrent and capital) on a 50:50 basis, with the contribution considered as matching over a five year period. The parties are separately responsible for appropriation by the Commonwealth and Queensland Parliaments of the base funding for the Joint Field Management Program as agreed under the Field Management Business Strategy, and will take reasonable steps to secure this funding. The distribution of base funding in any given year is in accordance with the Annual Business Plan. A periodic review of base funding will be considered by the Great Barrier Reef Ministerial Forum on a five-yearly basis, or a shorter period if agreed by the Ministerial Forum. The parties may agree to vary base funding including through indexing to the consumer price index or other price parameter index agreed by the parties following this review. Base funding may be subject to periodic supplementation, to address changing operational needs and provide for major capital investments such as vessel replacement or upgrade or construction of facilities. Either party may contribute funds to the Joint Field Management Program for a particular year or years in addition to its share of the agreed base operational and/or capital funding and these will be expended in accordance with the Field Management Business Strategy. This does not oblige the other party to match the additional funds. Either party may undertake actions and make capital investments related to field management of marine and national parks within their jurisdiction separate to the Joint Field Management Program. Such additional activities and investments should seek to complement the Joint Field Management Program. The Joint Field Management Program in the Great Barrier Reef World Heritage Area will be supported through in-kind contributions from a range of Commonwealth and Queensland government agencies who undertake field management and compliance activities to address their own areas of responsibility. The planning and delivery of the Joint Field Management Program will be coordinated with those agencies to ensure the most cost efficient and effective delivery of services. Revenues collected in accordance with the Great Barrier ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇ and Regulations in the course of activities undertaken pursuant to the Joint Field Management Program will be paid to the Authority and do not form a part of Joint Field Management Program funds. Revenues collected in ac...
Base Funding. 4.1 Objective
Base Funding. The parties agree to provide ongoing base funding (recurrent and capital) on a 50:50 basis, with the contribution considered as matching over a five year period. The parties are separately responsible for appropriation by the Commonwealth and Queensland Parliaments of the base funding for the Joint Field Management Program as agreed under the Field Management Business Strategy, and will take reasonable steps to secure this funding. The distribution of base funding in any given year is in accordance with the Annual Business Plan. A periodic review of base funding will be considered by the Great Barrier Reef Ministerial Forum on a five-yearly basis, or a shorter period if agreed by the Ministerial Forum. The parties may agree to vary base funding including through indexing to the consumer price index or other price parameter index agreed by the parties following this review. Base funding may be subject to periodic supplementation, to address changing operational needs and provide for major capital investments such as vessel replacement or upgrade or construction of facilities.