Examples of Share Percentage in a sentence
The Recipient agrees to provide the Minimum Match Share Percentage of Total Allowable Project Costs, even if the Agreement is terminated early or otherwise ends before project completion.
The Minimum Match Share Percentage is the Minimum Match Share Required (as specified on the CEC-146) divided by the Total of Reimbursable Amount and Minimum Match Share Required (as specified on the CEC-146).
Athletic Co-curricular (contingent on participation) State Share Percentage – Unrestricted Basic Aid Foundation FundingOnce the base cost is calculated, which is estimated to be as high as $7,202 per pupil when fully phased in, the FSFP calculates a state share percentage (SSP) calculation.
For example, if the CEC-146 specifies the following, Reimbursable Amount $200,000 Minimum Match Share Required $50,000 Total of Reimbursable Amount and Minimum Match Share Required $250,000 Minimum Match Share Percentage of Total Allowable Project Costs 20% the Recipient agrees to be liable for a minimum of 20% ($50,000 divided by $250,000) of Total Allowable Project Costs.
Without limiting any of the Energy Commission’s other rights or remedies, the Recipient agrees that if it fails to provide the Minimum Match Share Percentage of Total Allowable Project Costs, and if requested by the Energy Commission, the Recipient shall repay an amount to ensure the Recipient provides, at a minimum, the Minimum Match Share Percentage of Total Allowable Project Costs.