Common use of Limitation of Funds Clause in Contracts

Limitation of Funds. All reimbursements under this award shall be limited to amounts currently obligated to the award. The awardee bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 7 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Limitation of Funds. All reimbursements under this award shall be limited to amounts currently obligated to the award. The awardee bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.commitments.‌

Appears in 5 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Limitation of Funds. All reimbursements under this ‌ This award shall be limited to amounts currently obligated to the award. The awardee bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 5 contracts

Samples: www.nsf.gov, www.nsf.gov, www.nsf.gov

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