Fund Disbursement. First installment of the Grant-in-aid will be released after issue of the GLA subject to fulfillment of the terms and conditions for such release by the relevant Parties. Further release of funds shall be subject to satisfactory progress against the objectives, outputs, milestones and targets specified in the Project which progress shall be determined by BIRAC and on submission of audited/certified statements of accounts and utilization certificates as provided for in Point 2 (a).
Fund Disbursement. The Subrecipient may request reimbursement by submitting the SLFRF requisition form attached hereto as Exhibit 4 (“Requisition Form”) with backup documentation detailing itemized expenditures by activity and cost categories. All SLFRF funds must be requested on the SLFRF Requisition Form provided. No funds may be disbursed until all required reports and supporting documentation are submitted. The City of Providence reserves the right to request additional compliance documentation before disbursing funds. The Subrecipient shall not request disbursement of funds until funds are needed for reimbursement of eligible costs. The amount of each request must be limited to the amount needed and the proposed use of the funds must be documented and in accordance with the Program Budget, and all SLFRF regulations/guidance. In the event the Subrecipient fails to pay contractors, subcontractors, vendors or others with claims against the Program, the City of Providence reserves the right to withhold all remaining program funds until payments and/or all conflicts/liens are resolved. The Subrecipient pledges to undertake contracts and subcontracts and manage payments using mechanisms that protect the interests of the Subrecipient and the City of Providence, such as retaining portions of contracts until completion and requiring bonds, warranties and insurance as appropriate. The Subrecipient will obtain competitive pricing quotes or bids for all services, contracts or purchases, in compliance 2 CFR 200.317-326 – Procurement Standards and the Manual. SLFRF Commitment The City of Providence agrees to disburse SLFRF funds subject to the terms and conditions contained in this Contract Agreement. Such disbursements shall not, in the aggregate, exceed that amount designated for total funding listed on page two (2) of this Contract Agreement and as detailed in the Program Budget. In no instance shall the City of Providence be liable for any costs incurred in excess of this commitment (hereinafter referred to as the “SLFRF commitment”), nor for any unauthorized or ineligible costs. Expenses that are out of compliance with this Contract Agreement may be determined ineligible and may be subject to repayment and/or recapture by USDT and/or the City of Providence.
Fund Disbursement. Grantees will be reimbursed as fol- lows:
Fund Disbursement. (a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Companies and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Companies and for purposes of this Section 13.1 the Agent is using the funds of the Agent.
Fund Disbursement. Unless Tenant terminates this Lease pursuant to and in accordance with Section 10.3, the proceeds of any Property Damage Policy shall be disbursed as follows, subject to the rights of the Leasehold Mortgagees with respect to funds payable directly to Tenant:
Fund Disbursement a. FC shall be disbursed on singing of GLA. It shall be calculated proportionately from the date of signing of GLA. For the subsequent year FC shall be disbursed at the beginning of the next Financial Year. All funds released shall be subject to satisfactory progress against the objectives, outputs, milestones and targets specified whose progress shall be determined by DIO.
Fund Disbursement. PGE will disperse 75% of the DCF Award within ten (10) business days after signing this Agreement. PGE will disperse the remainder of the DCF award amount within thirty business
Fund Disbursement. The Subrecipient may request reimbursement as frequently as once a month, but in no case less than once a quarter, by submitting the attached Appendix C form which details itemized COC expenditures by activity and cost categories. ALL COC funds must be requested on the Draw Request Form (see Appendix C). No funds will be disbursed until all required reports and substantiating documentation are submitted.
Fund Disbursement. The Subrecipient must submit the SLFRF/ARPA Reimbursement Form (Exhibit 3) to request fund disbursement. The County of St. Clair shall have 30 days to make payment after receipt of the SLFRF reimbursement form and all required documentation as provided herein and in Section 2. The Subrecipient shall be entitled to reimbursement only after submission to the County of St. Clair of sufficient documentation showing itemized expenditures by activity and cost categories. Fund disbursement requests must be limited to the amount needed, and the use of the funds must be documented and in accordance with the Program Budget and all SLFRF regulations/guidance. The County of St. Clair reserves the right to request additional documentation before disbursing funds. The Subrecipient will obtain competitive pricing quotes or bids for all services, contracts, or purchases in compliance with 2 CFR 200.317-326 – Procurement Standards and the Manual.
Fund Disbursement. All funds disbursed by Grantee to the Subrecipient under this Agreement shall be made pursuant to this Agreement and following receipt, review, and approval of a final report on the Services. In addition:
