Request for Additional Funds Sample Clauses

The Request for Additional Funds clause outlines the process by which a party can formally seek extra payment beyond the original contract amount. Typically, this clause specifies the circumstances under which additional funds may be requested, such as unforeseen expenses or changes in project scope, and details the required documentation or approval process. Its core function is to provide a clear and structured method for addressing budget overruns or new financial needs, thereby reducing disputes and ensuring both parties understand how extra costs will be managed.
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Request for Additional Funds i. The Contractor must notify the DCYF in writing when Part C of IDEA funding will be expended before the end of the Contract funding period and any final request for additional funds must be received by The DCYF no later than May 1 of the Contract period. ii. Requests to increase the funding allotment must be received at least one month prior to the date the funds are needed. iii. Any additional funds must be budgeted according to the Exhibit titled Budget and Expenditures Workbook Definitions and Instructions. iv. The Budget Amendment Form, and if applicable, the Subcontractor Budget Amendment Form, provided by the DCYF, must be used.
Request for Additional Funds. 7.4.5.1. The Contractor shall notify ESIT in writing, as soon as the Contractor knows or can project when current funding will be expended before the end of the Contract funding period. 7.4.5.2. Whenever possible in order to prevent signing an amendment after the effective date of the amendment, DEL prefers to have requests to increase the funding allotment at least one month prior to the date the funds are needed. 7.4.5.3. Any additional funds shall be budgeted according to Exhibit E, Budget Definitions and Instructions. 7.4.5.4. The Budget Amendment Form, and if applicable, the Subcontractor Budget Amendment Form, provided by ESIT, shall be used. 7.4.5.5. A final request for additional funds shall be received by ESIT no later than the first day of May, of the Contract period. 7.4.5.6. ESIT shall provide a written response, with instructions on how to proceed, within ten (10) business days of receipt of the Contractor’s written notification.
Request for Additional Funds. 6.5.1. The Contractor will notify ESIT in writing, as soon as the Contractor knows or can project when current funding will be expended before the end of the Contract funding period. 6.5.2. ESIT will provide a written response, with instructions on how to proceed, within ten (10) working days of receipt of the Contractor's written notification. 6.5.3. Any additional funds will be budgeted according to Exhibit E, Budget Definitions and Instructions.
Request for Additional Funds. (a) The Contractor must notify the DCYF in writing when funding will be expended before the end of the Contract funding period and any final request for additional funds must be received by DCYF no later than May 1 of the Contract period. (b) Requests to increase the Contract Budget must be received at least one month prior to the date the funds are needed. (c) Any additional funds must be budgeted according to the Exhibit titled Budget Workbook Definitions and Instructions.

Related to Request for Additional Funds

  • Request for Advance Subject to the following conditions, the Borrower may request an Advance to be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (Hamburg time) 3 Business Days prior to the intended Drawdown Date.

  • Additional Funds In the event that any management investment company in addition to those listed on Appendix A hereto desires to have the Custodian render services as custodian under the terms hereof, it shall so notify the Custodian in writing, and if the Custodian agrees in writing to provide such services, such management investment company shall become a Fund hereunder and be bound by all terms and conditions and provisions hereof including, without limitation, the representations and warranties set forth in Section 18.7 below.

  • Request for a Panel 1. Unless the Parties agree on a different period for consultations, a complaining Party may request in writing the establishment of a Panel if the consultation referred to in the Article 176 (Consultations) fails to resolve a matter within 60 days, after the date of receipt of the request for consultations or 50 days in case of urgent matters. 2. The complaining Party shall deliver the request to the other Party, indicating at least, the reason of the request, the identification of the measure, an indication of the provision of this Agreement that it considers relevant and an indication of the legal basis of the complaint. The Panel will be considered as established on the date of receipt of the corresponding request to the other Party. 3. Unless otherwise agreed by the disputing Parties, the Panel shall be selected and perform its functions in a manner consistent with the provisions of this Chapter.

  • Funding Notice Administrative Agent shall have received a fully executed and delivered Funding Notice.

  • Request for Borrowing The applicable Borrower shall give Administrative Agent notice of (i) each requested Borrowing hereunder, which notice shall be in writing (a “Request for Borrowing”), in the form of Exhibit B hereto. Each Request for Borrowing shall be irrevocable and effective upon receipt by Administrative Agent and shall be furnished to Administrative Agent: (i) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Loans denominated in Dollars to which the Term SOFR or Daily Simple SOFR Option applies; (ii) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Loans denominated in Alternative Currencies to which the Eurocurrency Rate Option applies; (iii) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Loans denominated in Alternative Currencies to which the Daily Simple RFR Option applies; and/or (iv) the same Business Day of the proposed Borrowing Date with respect to the making of a Loan to which the Base Rate Option applies or the last day of the preceding Interest Period with respect to the conversion to the Base Rate Option for any Loan, provided that any such request received by Administrative Agent after 3:00 p.m. (Eastern time) ( 12 noon for Base Rate Option) shall be deemed to have been given by Borrowers on the next succeeding Business Day. Each Request for Borrowing shall specify (A) the amount of such Borrowing, (B) the date of such Borrowing, which shall be a Business Day, (C) the Interest Rate Option, and if applicable, the Interest Period, (D) the Borrowers making the Request for Borrowing, and (E) the amount of each Loan attributable to each Borrower (if applicable); and shall be accompanied or preceded by (x) a duly executed Borrowing Base Certificate dated the date of such Request for Borrowing, (y) such documents as are required to satisfy any applicable conditions precedent as provided in Section 6.2, and (z) an Investment Report dated the date of such Request for Borrowing. Administrative Agent shall promptly give notice of each Request for Borrowing to the Lenders. Each Request for Borrowing submitted by the Borrowers shall be deemed to be a representation and warranty that the conditions specified in Sections 6.1 and 6.2 and, to the extent applicable, Section 6.3, have been satisfied on and as of the date of the applicable Borrowing. No Request for Borrowing shall be valid hereunder for any purpose unless it shall have been accompanied or preceded by the information and other documents required to be delivered in accordance with this Section 2.3.