PAYMENTS TO GRANTEE. The State shall, in accordance with the provisions of this §7, pay Grantee in the following amounts and using the methods set forth below:
PAYMENTS TO GRANTEE. A. Maximum Amount Payments to Grantee are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Grantee any amount under this Agreement that exceeds the Agreement Maximum for each State Fiscal Year shown on the Signature and Cover Page of this Agreement.
PAYMENTS TO GRANTEE. Payment shall be made as stated in the following schedule, subject to GRANTEE’s satisfactory performance of this AGREEMENT. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $131,670. The Grant Award shall be disbursed to GRANTEE as follows:
PAYMENTS TO GRANTEE. XXXX agrees to pay GRANTEE for the performance of the services, work, and duties, subject to and performed in connection with this AGREEMENT, a sum of money not to exceed the amount set forth in this AGREEMENT. Such sum shall be paid by CITY to GRANTEE on a reimbursement basis for services actually performed by XXXXXXX and for eligible costs actually incurred by and paid by GRANTEE, pursuant to this AGREEMENT, for the cost categories appearing in this Section 1.01. No sum shall be paid until CITY receives a statement or statements in a form approved by CITY and specifying in detail the services performed by, and the costs incurred by and paid by GRANTEE during the period for which payment is requested. Any Program Income received by the GRANTEE shall reduce total allowable payments by the same amount. “Program Income” is defined as income or earnings received by GRANTEE that are directly generated from the use of CDBG funds (as defined at 24 CFR 570.500(a)). It shall be reported by GRANTEE to CITY on a monthly basis. Any Program Income on hand when this AGREEMENT expires or terminates or any Program Income received after this AGREEMENT expires or terminates, shall be promptly paid to CITY. Payment to GRANTEE will be made within thirty (30) calendar days of receipt by CITY of all such required statements and supporting documents, including but not limited to, paid invoices, provided that the items on such statements and supporting data for which payment is requested can properly be paid under this AGREEMENT, HUD regulations 2 CFR 200 applicable to the program, and the CITY-HUD Grant Agreement, as the same may from time to time be amended. In making such determination, CITY may rely upon the certification by GRANTEE that the items appearing on said statement and supporting data are eligible items for payment under this program and AGREEMENT, and such determination by CITY shall in no way constitute a waiver by CITY of its right to recover from GRANTEE the amount of any money paid to GRANTEE on any item which is not eligible for payment under the program and this AGREEMENT. The total amount of such payments to be made to GRANTEE shall be distributed in the following manner for each month during the course of the Project. Any amendments to a line item in the approved budget must receive prior approval from the CITY. Requests for funds must identify the corresponding budget line item and include a certification that the GRANTEE’s financial management system com...
PAYMENTS TO GRANTEE. After satisfactory completion of work requested by Grantor for which Grantor is to reimburse the Grantee, and upon submission by Grantee, in such form as may be requested by Grantor, of a proper invoice for payment of the cost reasonably incurred and accompanied by such evidence in support thereof as may be reasonably required by Grantor, Grantor agrees to make payment for the cost reasonably incurred up to the estimated cost for the work; provided, however, that all payments shall be subject to adjustment for any amount found upon audit or otherwise to have been improperly invoiced. All work shall be performed in a cost-effective manner to minimize the costs to Grantor. Grantee shall permit Grantor to inspect and audit all pertinent books and records of Grantee, and Grantee shall make available for inspection and audit all pertinent books and records of any Person who has performed the work for which costs are being billed to Grantor, so that Grantor may verify the accuracy of costs being billed. Grantee shall supply Grantor with or permit Grantor to make a copy of any books or records, and any portions thereof relating to the cost being billed for such work.
PAYMENTS TO GRANTEE. The State shall, in accordance with the provisions of this §7, pay Grantee in the following amounts and using the methods set forth below: Maximum Amount The maximum amount payable under this Grant to Grantee by the State is Insert Max $ Amount, as determined by the State from available funds. Xxxxxxx agrees to provide any additional funds required for the successful completion of the Work. Payments to Grantee are limited to the unpaid obligated balance of the Grant as set forth in Exhibit Insert letter of applicable Exhibit (A, B, C, etc). The maximum amount payable by the State to Grantee during each State fiscal year of this Grant shall be: in FY in FY in FY in FY in FY in FY Payment
PAYMENTS TO GRANTEE. A. Maximum Amount
PAYMENTS TO GRANTEE. Maximum Amount Payments to Grantee are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Grantee any amount under this Agreement that exceeds the Agreement’s maximum amount shown on the Signature and Cover Pages of this Agreement. Financial obligations of the State payable after the current State Fiscal Year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available. The State shall not be liable to pay or reimburse Grantee for any Work performed or expense incurred before the Grant issuance date or after the Grant expiration Date; provided, however, that Work performed and expenses incurred by Xxxxxxx before the Grant issuance date that are chargeable to an active Federal Award may be submitted for reimbursement as permitted by the terms of the Federal Award and this Grant. Payment Procedures
PAYMENTS TO GRANTEE. The City shall, within thirty (30) days of receipt of Grantee’s Actual Withholding information, pay to Grantee (i) thirty-five percent (35%) of the Actual Withholdings attributable to taxable earnings of up to $55,760,000, and (ii) forty percent (40%) of the Actual Withholdings attributable to taxable earnings of more than $55,760,000 (the “Job Incentive Payment”). Such payments shall be made from the City’s non-tax revenues or shall be in the form of a refundable tax credit against the Grantee’s or an Affiliate’s net profit taxes due to the City as provided in R.C. Section 718.15, as determined by the City.
PAYMENTS TO GRANTEE. TJJD shall pay Grantee, according to the specified schedule, the following grant amounts:
