Common use of Budget Creation and Amendment Clause in Contracts

Budget Creation and Amendment. (a) The Parties acknowledge that on or prior to the date hereof, the Redeveloper has advanced to the Agency funds, which funds have been deposited by the Agency in the interest-bearing Project Operating Account and the Agency will disburse the same for the Agency and on behalf of the City in accordance with this Agreement against payment of Reimbursable Expenses described in Section 20.1 based upon invoices for work actually performed.

Budget Creation and Amendment. (a) A. The Parties parties acknowledge that on or prior to the date hereof, the Redeveloper has advanced to the Agency funds, which funds that have been deposited by the Agency in the interest-bearing Project Operating Account and the Agency Account. Such funds will disburse the same for the Agency and on behalf of the City be disbursed in accordance with this Agreement against payment of Reimbursable Expenses expenses described in Section 20.1 6.1, based upon invoices for work actually performedperformed and approved pursuant to this Section 6.2.

Budget Creation and Amendment. (a) The Parties acknowledge that on or prior to the date hereof, the Redeveloper has advanced to the Agency funds, which funds have been deposited by the Agency in the interest-bearing Project Operating Account and the Agency will disburse the same for the Agency and on behalf of the City in accordance with this Agreement against payment of Reimbursable Acquisition Expenses described in Section 20.1 based upon invoices for work actually performed.