Total Estimated USAID Contribution Sample Clauses
The 'Total Estimated USAID Contribution' clause defines the maximum amount of funding that USAID will provide under a specific agreement or contract. This clause typically specifies the total dollar value allocated for the project, setting a clear financial limit for the recipient or contractor. For example, it may state that USAID will contribute up to a certain amount for the duration of the project, regardless of actual costs incurred. Its core practical function is to establish budgetary boundaries, ensuring both parties understand the funding limits and preventing overspending beyond the agreed contribution.
Total Estimated USAID Contribution. USAID's total estimated contribution to achievement of the Objective will be U.S. $ , which will be provided in increments. Subsequent increments will be subject to the availability of funds to USAID for this purpose [Insert one of the following:2 “and the mutual agreement of the Parties, at the time of each subsequent increment, to proceed” OR “and may be provided by USAID upon written notice to the Recipient”]. The Parties agree that each such incremental contribution provided, if any, shall cumulatively increase the total amount of the Agreement set forth in Section 3.1(a) and consequently may increase the Recipient’s contribution under Section
Total Estimated USAID Contribution. USAID’s total estimated contribution to achievement of the Purpose shall not exceed Forty Million United States Dollars (U.S. $40,000,000), which will be provided in increments. Subsequent increments will be subject to the availability of funds to USAID for this purpose and the mutual agreement of the Parties, at the time of each subsequent increment, to proceed.
Total Estimated USAID Contribution. USAID's total estimated contribution to achievement of the Objective will be determined at a later date by USAID, which will notify the Beneficiary of this determination in writing. Subsequent increments will be subject to the availability of funds to USAID for this purpose and the mutual agreement of the Parties, at the time of each subsequent increment, to proceed. The Parties agree that each such incremental contribution provided, if any, shall cumulatively increase the total amount of the Grant set forth in Section 3.1(a).