Common use of Amount of Grant Clause in Contracts

Amount of Grant. The amount of this grant is Seventy Thousand Dollars ($70,000); provided, however, that in the event state funds available to the Commission under §305.230 RSMo are reduced so that the Commission is incapable of completely satisfying its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for work that is not actually performed. The release of all funding under this Agreement is subject to review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Amount of Grant. The amount of this grant is Seventy Sixty Thousand Dollars ($70,00060,000); provided, however, that in the event state funds available to the Commission under §305.230 RSMo are reduced so that the Commission is incapable of completely satisfying its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for work that is not actually performed. The release of all funding under this Agreement is subject to review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 1 contract

Samples: Grant Agreement

Amount of Grant. The amount of this grant is Seventy Eighty-Five Thousand Dollars ($70,00085,000); provided, however, that in the event state funds available to the Commission under §305.230 RSMo are reduced so that the Commission is incapable of completely satisfying its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for work that is not actually performed. The release of all funding under this Agreement is subject to review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 1 contract

Samples: Grant Agreement

Amount of Grant. The amount of this grant is Seventy Sixty-Nine Thousand Dollars ($70,00069,000); provided, however, that in the event state funds available to the Commission under §305.230 RSMo are reduced so that the Commission is incapable of completely satisfying its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for work that is not actually performed. The release of all funding under this Agreement is subject to review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 1 contract

Samples: Grant Agreement

Amount of Grant. The amount of this grant is Seventy One Hundred Twenty- Nine Thousand Nine Hundred Forty-One Dollars ($70,000129,941); provided, however, that in the event state funds available to the Commission under §305.230 RSMo are reduced so that the Commission is incapable of completely satisfying its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for improvements or work that is are not actually performed. The release of all funding under this Agreement is subject to review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 1 contract

Samples: Aid Agreement

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Amount of Grant. The amount Commission agrees to reimburse the Sponsor up to a maximum of this grant is Seventy Eight Thousand Dollars ($70,0008,000); provided, however, that in the event that state funds available to the Commission under §section 305.230 RSMo are reduced so that the Commission is incapable of unable to completely satisfying satisfy its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for work that is not actually performed. The release of all funding under this Agreement is subject to the Commission’s review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 1 contract

Samples: Agreement

Amount of Grant. The amount of this grant is Seventy Thirty Thousand Dollars ($70,00030,000); provided, however, that in the event state funds available to the Commission under §305.230 RSMo are reduced so that the Commission is incapable of completely satisfying its obligations to all the Sponsors for the current state fiscal year, the Commission may recompute and reduce this grant. The designation of this grant does not create a lump sum quantity contract, but rather only represents the amount of funding available for qualifying expenses. In no event will the Commission provide the Sponsor funding for work that is not actually performed. The release of all funding under this Agreement is subject to review and approval of all project expenses to ensure that they are qualifying expenses under this program.

Appears in 1 contract

Samples: Grant Agreement

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