Common use of Prompt Payment of Matching Funds Clause in Contracts

Prompt Payment of Matching Funds. The Grantee agrees to provide the proportionate amount of the matching funds promptly as it incurs Project costs or Project costs become due. Each of Grantee’s invoices must include its pro-rata matching fund contribution as reflected in the Approved Project Budget, along with supporting, descriptive and/or explanatory documentation for the matching funds provided.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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