AMOUNT OF GRANT/PAYMENTS Sample Clauses

AMOUNT OF GRANT/PAYMENTS. A. The total amount of the Subgrant for State Fiscal Years (SFY) 2024 and 2025 and grant specific terms and conditions such as, but not limited to, the applicable period of performance, will be provided to Subgrantee in formal notices. The Departments will provide this funding expressly to perform the Subgrant activities described in ARTICLE I of this Subgrant Agreement. This amount will be determined by the methodology required by OAC Chapter 5101:9-6. ODJFS will notify Subgrantee of revisions to subgrant amounts and terms through the issuance of supplementary notices as changes arise. B. Subgrantee will limit cash draws to the minimum amount needed for actual, immediate requirements in accordance with the Cash Management Improvement Act, 31 CFR 205, 45 CFR 75, 2 CFR 400 and ODJFS requirements including Chapter 7 of the Fiscal Administrative Procedures Manual. Subgrantee agrees that amounts submitted as the basis for claims for reimbursement will not exceed the amount of actual cash expenditures for lawfully appropriate purposes under the terms of the subaward in question. C. Subgrantee understands that availability of funds is contingent on appropriations made by the Ohio General Assembly or by funding sources external to the State of Ohio, including federal funds. If at any time the Departments’ Directors determines that state or federal funds are insufficient to sustain existing or anticipated spending levels, said Director may reduce, suspend, or terminate any allocation, reimbursement, cash draw, or other form of financial assistance as the Director determines appropriate. If the Ohio General Assembly or the external funding source fails at any time to continue funding the Departments for the payments due under this Subgrant Agreement, this Subgrant Agreement will be terminated as of the date funding expires without further obligation of ODJFS or the State of Ohio. D. In all circumstances under which budgetary information is maintained or is required to be maintained for a grant, Subgrantee must be able to reconcile budgetary expenditures to actual costs when required by the Departments. E. As a subrecipient of federal funds, Subgrantee hereby specifically acknowledges its obligations relative to all federal funds provided under this Subgrant Agreement pursuant to OMB 2 CFR 200, 2 CFR 300, 2 CFR 400, as well as 45 CFR 75, 45 CFR 95, and 45 CFR 96, including but not limited to, the following federal rules: 1. Standdards for financial management system...
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AMOUNT OF GRANT/PAYMENTS. A. The total amount of the Grant is Total Dollar Amt Dollars ($Total) ODJFS will provide GRANTEE with funds in an amount up to SFY1 Dollar Amt Dollars ($SFY1) for State Fiscal Year SFY1 and up to SFY2 Dollar Amt Dollars ($SFY2) for State Fiscal Year SFY2 expressly to perform the Grant activities described in ARTICLE I. GRANTEE understands that the terms of this Agreement do not provide for compensation in excess of the total amount listed in this section. GRANTEE hereby waives the interest provisions of ORC 126.30. B. Compensation will be made as reimbursement for actual expenditures incurred and paid by GRANTEE during the billing period pursuant to GRANTEE’s accepted budget or cost proposal included in the Application OR attached as Attachment [INSERT BUDGET] OR as follows It is further agreed that reimbursement of travel expenditures shall not exceed [SFY1 Travel Dollar Amount] Dollars ($SFY1 Travel) for SFY [SFY1] and [SFY2 Travel Dollar Amount] Dollars ($SFY2) for SFY [SFY2], which amounts are included in the total compensation figures above. Expense reimbursement authorized by this section is limited to actual and necessary expenses subject to the limits as established pursuant to ORC 126.31, which are set forth in OAC 126-1-02, as well as any other laws, regulations, or Governor's Executive Orders limiting travel expenses. XXXXXXX expressly agrees not to submit claims for expenses which do not meet the requirements of this section and further agrees to submit all claims to the ODJFS Agreement Manager for approval prior to submitting a claim for reimbursement under ARTICLE III, above. C. GRANTEE will submit three (3) copies of detailed invoices on a monthly/ quarterly/ one- time basis to the ODJFS Bureau of Accounts Payable at 00 Xxxx Xxxxx Xxxxxx, 00xx Xxxxx, Xxxxxxxx, Xxxx 00000. XXXXXXX agrees to use an invoice instrument to be prescribed by ODJFS and will include in each invoice: 1. XXXXXXX’s name, complete address, and Federal Tax Identification number; 2. Agreement number and dates; 3. Purchase order number; 4. Amount and purpose of the invoice; 5. Description of activities performed during the billing period; and 6. Receipt or other proof of costs paid by GRANTEE for which XXXXXXX is seeking reimbursement. X. XXXXXXX expressly understands that ODJFS will not compensate GRANTEE for any work performed prior to XXXXXXX’s receipt of notice from the ODJFS Agreement Manager that the provisions of ORC 126.07 have been met as set forth in ARTICLE II, n...
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AMOUNT OF GRANT/PAYMENTS. A. This grant is in the total amount of [insert subgrant amount] dollars ($ .00). B. Payment will be made to Grantee by Grantor [insert basis of payment].
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AMOUNT OF GRANT/PAYMENTS. A. ODM will provide GRANTEE with funds during State Fiscal Year 2020 and State Fiscal Year 2021 to provide services and/or resources for authorized applications. GRANTEE understands that the terms of this Agreement do not provide for compensation in excess of the approved funding authorizations for GRANTEE. The grant funds shall not be used to pay for separate administrative costs. X. Xxxxx payments will be made to GRANTEE by ODM through the Ohio Administrative Knowledge System (OAKS) in the form of debit payments upon approval. GRANTEE shall account for the grant payments in a format developed by ODM, including submitting receipts or other proof of payment for expenditures. C. GRANTEE must conduct a funds reconciliation of the grant funds no later than 30 calendar days from the end of each approved authorization period. GRANTEE will return any grant funds that exceed actual expenditures paid by GRANTEE as requested by ODM. ODM will instruct GRANTEE on the manner in which to return the unused funds. D. GRANTEE understands that availability of funds is contingent on appropriations made by the Ohio General Assembly or by funding sources external to the ODM. If the Ohio General Assembly or the external funding source fails at any time to continue funding OOM for the payments due under this Agreement, this Agreement will be terminated as of the date funding expires without further obligation of OOM or the State of Ohio.
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AMOUNT OF GRANT/PAYMENTS. A. The total amount of the Grant is and 00/100 Dollars ($0.00). ODJFS will provide GRANTEE funds in the amount up to and 00/100 Dollars ($0.00) for State Fiscal Year (SFY) 200_ expressly for the performance of the activities described in ARTICLE I of this Grant Agreement. GRANTEE hereby waives the interest provisions of section 126.30 of the Ohio Revised Code (ORC). B. Funds will be paid on a basis upon submission of actual, allowable expenses incurred and paid during the billing period and GRANTEE’s submission of three (3) copies of the respective invoice to the Director of the Governor’s Office of Faith-Based and Community Initiatives, 00 Xxxxx Xxxx Xxxxxx, 0xx Xxxxx, Xxxxxxxx, XX 00000-0000. Each request will contain: 1. GRANTEE’s name, complete address, and Federal Tax Identification number; 2. GRANTEE’s purchase order number; 3. Grant Agreement number and dates; 4. The amount and purpose of the reimbursement; 5. Description of activities performed during the billing period; and 6. Receipt or other proof of expenses incurred by GRANTEE during the billing period. C. GRANTEE expressly understands that ODJFS will not compensate GRANTEE for any work performed prior to GRANTEE’s receipt of notice from the GOFBCI Grant Manager that the provisions of ORC 126.07 have been met as set forth in ARTICLE II, nor for work performed after the ending date specified in ARTICLE II. D. GRANTEE expressly understands that ODJFS does not have the ability to compensate GRANTEE for invoices submitted after The State of Ohio purchase order has been closed. GRANTEE must submit final invoices for payment no later than ninety (90) days after the ending date of this Grant Agreement. Failure to do so will be deemed a forfeiture of the remaining compensation due hereunder. E. Subject to the provisions of ORC 126.07 and ORC 131.33, which will at all times govern this Grant Agreement, ODJFS represents that: 1. It has adequate funds to meet its obligations under this Grant Agreement; 2. It intends to maintain this Grant Agreement for the full period set forth in ARTICLE II and has no reason to believe that sufficient funds will not be available to make all payments due hereunder; and 3. It will use its best efforts to obtain the appropriation of necessary funds during the term of this Grant Agreement. GRANTEE understands that availability of funds is contingent on appropriations made by the Ohio General Assembly or funding sources external to the State of Ohio, such as federal funds. I...
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Related to AMOUNT OF GRANT/PAYMENTS

  • Grant Payments All grant payments are requested by submitting a Grant Payment Request. Payment Requests and supporting documentation must be submitted on the DOS Grants System at xxxxxxxxx.xxx. The total grant award shall not exceed $[award], which shall be paid by the Division in consideration for the Grantee’s minimum performance as set forth by the terms and conditions of this Agreement. The grant payment schedule is outlined below: a. All payments will be made in the amounts identified with the Deliverables in Section 1 of this Agreement. b. All payments will be made in accordance with the completion of those Deliverables.

  • Payment of Grant On or before the 30th day following the close of each calendar quarter that falls within the Term, Grantee shall submit an invoice to Project Monitor detailing all Project Account costs for the prior three calendar months, to the extent that the prior three calendar months fall within the Term, along with all supporting documentation and support therefor, as described in Paragraph 7 of this Grant Contract. Costs contained in untimely, unsupported, or otherwise incomplete invoices shall be deemed Unauthorized Costs, for which Sponsor shall not be liable, directly or indirectly. Grantee shall submit invoices to the Human Services Office via email on the following dates: For the period of July – September, due on or before October 31, 2024 For the period of October – December, dues on or before January 31, 2025 For the period of January – March, due on or before April 30, 2025 For the period of April – June, due on or before June 30, 2025 Xxxxxxx’s invoices submitted hereunder shall be handled as all other claims against the Sponsor. No payment shall be made for Unauthorized Costs. The Sponsor shall authorize payment for Xxxxxxx’s invoices only after Project Monitor assures the Sponsor in writing that Services rendered by Grantee prior to the date of making the claim were performed in accordance with the Grant Contract, and that all costs conform to the Project Budget. Such assurance shall include the submission of all supporting documentation and support for costs as described in Paragraph 7 of this Grant Contract.

  • Dividend Equivalent Payments Until your RSUs convert to Shares, if MSCI pays a dividend on Shares, you will be entitled to a dividend equivalent payment in the same amount as the dividend you would have received if you held Shares for your vested and unvested RSUs immediately prior to the record date. No dividend equivalents will be paid to you with respect to any canceled or forfeited RSUs. MSCI will decide on the form of payment and may pay dividend equivalents in Shares, in cash or in a combination thereof, unless otherwise provided in Exhibit C. MSCI will pay the dividend equivalent when it pays the corresponding dividend on its common stock or on the next regularly scheduled payroll date. The gross amount of any dividend equivalents paid to you with respect to RSUs that do not vest and convert to Shares shall be subject to potential recoupment or payback (such recoupment or payback of dividend equivalents, the “Clawback”) following the cancellation or forfeiture of the underlying RSUs. You consent to the Company’s implementation and enforcement of the Clawback and expressly agree that MSCI may take such actions as are necessary to effectuate the Clawback consistent with applicable law. If, within a reasonable period, you do not tender repayment of the dividend equivalents in response to demand for repayment, MSCI may seek a court order against you or take any other actions as are necessary to effectuate the Clawback.

  • Grant Amount The maximum amount payable by the State under this Grant Agreement shall not exceed $<INSERT AMOUNT>.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Nonqualified Distributions If you do not meet the requirements for a qualified distribution, any earnings you withdraw from your Xxxx XXX will be included in your gross income and, if you are under age 59½, may be subject to an early distribution penalty tax. However, when you take a distribution, the amounts you contributed annually to any Xxxx XXX and any military death gratuity or Servicemembers’ Group Life Insurance (SGLI) payments that you rolled over to a Xxxx XXX, will be deemed to be removed first, followed by conversion and employer-sponsored retirement plan rollover contributions made to any Xxxx XXX on a first-in, first-out basis. Therefore, your nonqualified distributions will not be taxable to you until your withdrawals exceed the amount of your annual contributions, military death gratuity or SGLI payments and your conversions and employer-sponsored retirement plan rollovers.

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Method of Exercise Payment Issuance of New Warrant;

  • Period of Exercisability Section 3.1 - Commencement of Exercisability (a) Options shall become exercisable as follows: Percentage of Option Date Option Shares Granted As to Which Becomes Exercisable Option Is Exercisable ------------------- --------------------- After the first anniversary of the Trigger Date 20% After the second anniversary of the Trigger Date 40% After the third anniversary of the Trigger Date 60% After the fourth anniversary of the Trigger Date 80% After the fifth anniversary of the Trigger Date 100% Notwithstanding the foregoing, (x) no Options shall become exercisable prior to the time the Plan is approved by the Company's stockholders, and (y) subject to the immediately preceding clause (x), the Options shall become immediately exercisable as to 100% of the shares of Common Stock subject to such Options immediately prior to a Change of Control (but only to the extent such Options have not otherwise terminated or become exercisable). (b) Notwithstanding the foregoing, no Option shall become exercisable as to any additional shares of Common Stock following the termination of employment of the Optionee for any reason other than a termination of employment because of death or Permanent Disability of the Optionee, and any Option (other than as provided in the next succeeding sentence) which is non-exercisable as of the Optionee's termination of employment shall be immediately cancelled. In the event of a termination of employment because of such death or Permanent Disability, the Options shall immediately become exercisable as to all shares of Common Stock subject thereto.

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