Common use of Administration Allowance for Forecasting Clause in Contracts

Administration Allowance for Forecasting. FII will, based on the aggregate total of the FII Project Funding in all Recipient Agreements between the Recipient and FII in effect on March 31, 2021, pay up to 3% Administration Allowance for Forecasting according to the following formula. b = $ Eligible Costs at year end (as approved in Annual Report) c = $ Forecast Eligible Costs (as approved in Interim 2 Report) x = Administration Allowance for Forecasting Where (a ≤ 0.03c), x = 0.03b Where (0.03c < a ≤ 0.06c), x = (6%-a)b Where (a >0.06c), x = 0 Notwithstanding the above formula, FII will pay 3% Administration Allowance for Forecasting if the difference between b and c is less than $3,000.

Administration Allowance for Forecasting. FII will, based on the aggregate total of the FII Project Funding in all Recipient Agreements between the Recipient and FII in effect on March 31, 20212019, pay up to 3% Administration Allowance for Forecasting according to the following formula. b = $ Eligible Costs at year end (as approved in Annual Report) c = $ Forecast Eligible Costs (as approved in Interim 2 Report) x = Administration Allowance for Forecasting Where (a ≤ 0.03c), x = 0.03b Where (0.03c < a ≤ 0.06c), x = (6%-a)b Where (a >0.06c), x = 0 Notwithstanding the above formula, FII will pay 3% Administration Allowance for Forecasting if the difference between b and c is less than $3,000.

Administration Allowance for Forecasting. FII will, based on the aggregate total of the FII Project Funding in all Recipient Agreements between the Recipient and FII in effect on March 31, 20212020, pay up to 3% Administration Allowance for Forecasting according to the following formula. b = $ Eligible Costs at year end (as approved in Annual Report) c = $ Forecast Eligible Costs (as approved in Interim 2 Report) x = Administration Allowance for Forecasting Where (a ≤ 0.03c), x = 0.03b Where (0.03c < a ≤ 0.06c), x = (6%-a)b Where (a >0.06c), x = 0 Notwithstanding the above formula, FII will pay 3% Administration Allowance for Forecasting if the difference between b and c is less than $3,000.