Funding Allocation Clause Examples

Funding Allocation. Within 60 days of the Effective Date, the Stewardship Council will set aside and provide for the sum of Three Hundred and Seven Thousand Nine Hundred Ninety-Six Dollars ($307,996) (“Funding Allocation”), to be paid to County based upon the Payment Calculation provided in Exhibit 2.

Funding Allocation. The Department will make available to Councils funding for the period (2015/16) in respect of implementation of the 2011 Act for non-farmed animals. The level of available funding for 2015/16 is £1.1m, which will be subject to ongoing monitoring throughout each financial year. The Department will advise the Project Board of subsequent funding provision when the information is available. The Regional Lead Council shall provide in year monitoring information to allow the Department to meet Department of Finance and Personnel timelines. Additional detail on financial monitoring is provided in Part I of Annex A.

Funding Allocation. The Contractor shall manage the Contract to ensure that services are provided in a manner that allocates the available resources over the life of the Contract.

Funding Allocation. The City will reimburse Durham County DSS not more than a total of $74,000.00 in CDBG funds for comprehensive case management services and/or rental assistance (series of three subsistence payments) to a minimum of 35 households during the period of this contract on the following basis:  Case Manager to provide comprehensive case management services at a rate of $500.00 per household;  Reimbursement for rental assistance (series of three subsistence payments) provided to clients who are 80% AMI or below and on the verge of being evicted as specified in the budget and in the this Scope; At no time shall the City of Durham advance funds to Durham County DSS beyond the amount of money that has been spent on pre-approved eligible CDBG activities, and at no time will CDBG funds be paid unless Durham County DSS has “earned” that reimbursement by meeting their performance goal.

Funding Allocation. 4.1. This agreement sets the context in which PAVO is funded to carry out its work in and for the communities and organisations of Powys. In addition to the grant that invests in the core work of Powys, there exists a diversity of funded relationships based on grants, SLAs, contracts etc. These are the product of a constantly changing environment and a result of a dynamic partnership between PCC and PAVO. 4.2. Funding arrangements between PCC and PAVO will be reviewed annually to reflect the Council’s budget position alongside strategic priorities for the financial year to follow. 4.3. A current schedule of these funded relationships can be seen in Appendix 2.

Funding Allocation. 7.1 In consideration of the partial funding of the services shown above, THE COMMISSIONERS shall pay Successful Service Provider the sum of £XX per annum. The sum thus agreed (“the funding”) will be paid by way of quarterly payments in advance via cheque or BACS system. 7.2 The only adjustments that may be made to the amount given in 7.1 would be as a result of any agreements made between THE COMMISSIONERS and Successful Service Provider following any changes made because of an amendment to the specified service (set out in the attached Service Specification appendix) or changes to the funding available. 7.3 THE COMMISSIONERS funding shall be construed as being sufficient to fund those core services referred to in this agreement. 7.4 THE COMMISSIONERS may withdraw or reduce the funding at any time and for any reason and will follow the requirements of the Gloucestershire Compact which are mirrored in the procedures set out below (7.5-7.7) when making reductions of the allocated funding or withdrawal of the allocated funding. 7.5 THE COMMISSIONERS will give Successful Service Provider clear reasons for the withdrawal or reduction of the funding in writing. 7.6 Where the funding is reduced or withdrawn a minimum of six months written notice will be given by THE COMMISSIONERS to Successful Service Provider. Any costs incurred by Successful Service Provider as a result of the withdrawal or reduction of the payment are to be met from the final six-month payment. Typically, this would include the cost of reducing or winding up services, carrying out redundancies, meeting holiday entitlements of staff made redundant. 7.7 If Successful Service Provider should cease to operate or go into receivership or administration then subject to Charities and Insolvency Law and when other liabilities have been met, any outstanding balances from the funding is to be repaid. Any goods purchased with the funding should be returned to THE COMMISSIONERS. 7.8 All payments to be made under this agreement from THE COMMISSIONERS to Successful Service Provider are exclusive of VAT as the benefit is to a third party and not to THE COMMISSIONERS. 7.9 Where Successful Service Provider gains a surplus of income from grants, fundraising or other sources in any one year, THE COMMISSIONERS will not seek repayment of any part of the funding. Successful Service Provider will maintain a level of reserves appropriate to meet its financial responsibilities. 7.10 Successful Service Provider shall ac...

Funding Allocation. Initial funding for the Program population: is based upon the following allocation by County a. Los Angeles County: $250,000 b. Large: $150,000 c. Medium: $100,000 d. Small: $50,000

Funding Allocation. Service Provider County of Merced Component Merced County Public Defender’s Office Amount $50,000 Total Enrollments -50- Therefore, in consideration of the above Administrative Information and Funding Allocation, which are incorporated into this Agreement by reference, the Parties agree as follows:

Funding Allocation. (a) Each Municipal Funding Party hereby agrees to provide funding to the Corporation over the period of three (3) years payable annually in each year of the term of the Agreement. (b) The Corporation shall invoice each Municipal Funding Party for their funding contribution as described below, such payment to be made forty-five (45) days following the remittance by the Corporation of the invoice, such invoices to be issued by the Corporation on the execution of this Agreement by all Municipal Funding Parties and subsequently on April 1st of each year of the term. (c) The funding commitment for the term for each Municipal Funding Party is set out in the following table: Brampton $167,135 Durham $206,397 Halton $160,038 Mississauga $227,598 Toronto $890,412 York $329,389 (d) The funding commitment outlined in subsection 2.7(c) for each Municipal Funding Party shall increase annually by two (2) percent in each subsequent year of the term of this Agreement commencing as of April 1, 2020. (e) The funding commitments outlined in subsection 2.7(c), and any subsequent funding commitments (after April 1, 2019) shall be subject to individual Municipal Council budgetary approvals for each funding year. (f) There will be no adjustment to the funding payable by a Municipal Funding Party if there is a default in payment by another Municipal Funding Party and in which event the defaulting Municipal Funding Party ceases to continue as a Municipal Funding Party as per the provisions of this Agreement. Likewise, there will be no adjustment to the funding payable by any Municipal Funding Party if a new funding party is approved for participation, under the terms of this Agreement. (g) In the event that any of the Municipal Funding Parties do not meet their funding commitments under this Section 2.7 within a period of thirty (30) days of receiving a notice, pursuant to Section 4.6 hereof, and do not remedy the default within a further period of thirty (30) days following receipt by the Municipal Funding Party of a formal notice asking it to remedy the default, the Municipal Funding Party shall cease to be a Municipal Funding Party and shall no longer be entitled to any of the privileges of being a Municipal Funding Party, including the right to have a representative attend meetings of the Mayors' and Chairs' Strategy Council in accordance with Section 2.1 of this Agreement, and the right to have a representative attend meetings of the EDO Management Council in accordance with ...