Common use of Partial Funding Clause in Contracts

Partial Funding. This cooperative agreement is partially funded on a cost reimbursement basis without fee or profit. The total estimated cost of the project to be conducted during the TOTAL budget period is $1,708,628 of which the estimated cost to DOE is $1,110,608 and the estimated cost to the Participant is 598,020. The Cumulative DOE Obligation for the current budget period is $422,500 and, subject to the availability of additional funds, DOE anticipates obligating an additional $688,108 hereunder for future budget periods. The Participant shall not be obligated to continue performance of the project beyond the total of: (a) the amount of funds set forth as the Cumulative DOE Obligation for the current budget period in Block 16.b. (1) of the face page, (b) the amount, if any, set forth as DOE Funds Authorized for Carry Over in Block 16.a. (2) of the face page, and (c) the amount of the Participant's corresponding obligation for the current budget period, viz., $422,500 provided, however, that once the Cumulative DOE Obligations for the current budget period have been * Whatever rate was included in CORNING'S cost proposal on which this award is based. increased by DOE to $1,110,608, the Participants' obligation for the current budget period shall be increased to a total of $598,020 and the Participant shall be expected to bring the project (covered by the current budget period) to its conclusion within the amount of $1,110,608, and there is no commitment by DOE to provide any additional funding to the Participant. This cooperative agreement is subject to a refund of unexpended funds to DOE. FEDERAL ASSISTANCE REPORTING CHECKLIST DATED 1/28/99 (Flow-down from DOE Cooperative Agreement No. DE-FCO2-99-EE50580)

Partial Funding. This cooperative agreement is partially funded on a cost reimbursement basis without fee or profit. The total estimated cost of the project to be conducted during the TOTAL current budget period is $1,708,628 1,168,218 of which the estimated cost to DOE is $1,110,608 759,341 and the estimated cost to the Participant is 598,020$408,877. The Cumulative DOE Obligation for the current budget period is $422,500 and292,500, subject to the availability of additional funds, DOE anticipates obligating an additional $688,108 $ -0- hereunder for future the current budget periodsperiod. The Participant shall not be obligated to continue performance of the project beyond the total of: (a) the amount of funds set forth as the Cumulative DOE Obligation for the current budget period in Block 16.b. (1) of the face page, (b) the amount, if any, set forth as DOE Funds Authorized for Carry Over in Block 16.a. (2) of the face page, and (c) the amount of the Participant's corresponding obligation for the current budget period, viz.______________, $422,500 provided, however, that once the Cumulative DOE Obligations for the current budget period have been * Whatever rate was included in CORNING'S UCI's cost proposal on which this award is based. increased by DOE to $1,110,608759,341, the Participants' obligation for the current budget period shall be increased to a total of $598,020 408,877, and the Participant shall be expected to bring the project (covered by the current budget period) to its conclusion within the amount of $1,110,608759,341, and there is no commitment by DOE to provide any additional funding to the Participant. This cooperative agreement is subject to a refund of unexpended funds to DOE. FEDERAL ASSISTANCE REPORTING CHECKLIST DATED 1/28/99 (Flow-down from DOE Cooperative Agreement No. DE-FCO2-99-EE50580)