Common use of OBLIGATION OF FUNDS Clause in Contracts

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Cooperative Agreement.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Cooperative Agreement.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Agreement. To receive this cost-cost share, the ENTITY must close purchase the agricultural land easements easement and request payment of the NRCS cost-cost share in accordance with section VII of this Cooperative Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Cooperative Agreement.