Common use of WRF Clause in Contracts

WRF. If WRF has received the full Co-funder funding from each of the Co-funder(s) by following the Effective Date, WRF will disburse the Project Funds to the Sub-recipient as detailed in this MFRA and Exhibit C. WRF’s disbursement of the Project Funds shall be subject to WRF first having received full corresponding payment from all the Co-funder, and may further be subject to WRF’s receipt of its own funding from appropriate sources. In no event, shall WRF be required to disburse the Co-funder funding if WRF itself has not received same from Co-funder(s).