City Funding Amount Sample Clauses

City Funding Amount. On the terms and conditions of this Agreement, City agrees to disburse funds in a total amount not to exceed ONE HUNDRED AND FIFTY THOUSAND DOLLARS ($150,000) for design, preconstruction, and permitting work subject to forecasted availability. Metro shall use the funds solely for the Project and on the terms and conditions set forth herein. Both Parties will be responsible for determining financial resources over and above the initial amount through subsequent amendment to this Agreement to cover any and all remaining Project costs and Metro will be responsible for managing the completion of the Project.
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City Funding Amount. On the terms and conditions of this Agreement, City agrees to disburse funds from the City’s General Fund to Metro in a total amount not to exceed ONE MILLION SIX HUNDRED THOUSAND DOLLARS ($1,600,000) subject to forecasted availability. Metro may use the funds solely for Operating Support and on the terms and conditions set forth herein. Metro will be responsible for providing financial resources over and above the disbursed amount to cover any and all other additional operating costs and will continue to operate Portland’5 in accordance with the Management Agreement regardless of the City’s contribution. Table One below outlines the costs that are deemed “Operating Support” as they contribute to the stewardship of the City’s assets.
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Related to City Funding Amount

  • Bidding Amount 8.1. The Auctioneer shall have discretion to determine the increase of bidding rate based on the total number of Registered E-Bidders and value of the property auctioned.

  • Settlement Funding and Payments 4.1 Class Workweeks and Aggrieved Employee Pay Periods. Based on a review of its records to date, Defendant estimates that there are 140 Class Members who collectively worked a total of 12,500 Workweeks, and 109 Aggrieved Employees who worked a total 2,402 of PAGA Pay Periods.

  • Abortion Funding Limitation Contractor understands, acknowledges, and agrees that, pursuant to Article IX of the General Appropriations Act (the Act), to the extent allowed by federal and state law, money appropriated by the Texas Legislature may not be distributed to any individual or entity that, during the period for which funds are appropriated under the Act:

  • Initial Payment Interconnection Customer shall elect (and provide its election to the Transmission Provider within five days of the commencement of negotiation of the GIA pursuant to Section 11.2 of the GIP) to make either 1) an initial payment equal to twenty (20) percent of the total cost of Network Upgrades, Transmission Owner Interconnection Facilities, Transmission Owner’s System Protection Facilities, Distribution Upgrades and/or Generator Upgrades (if the In-Service Date is less than or equal to five (5) years of the initial payment date); or 2) an initial payment equal to ten (10) percent of the total cost of Network Upgrades, Transmission Owner Interconnection Facilities, Transmission Owner’s System Protection Facilities, Distribution Upgrades and/or Generator Upgrades (if the In-Service Date exceeds the initial payment date by more than five (5) years); or 3) the total cost of Network Upgrades, Transmission Owner Interconnection Facilities, Transmission Owner’s System Protection Facilities, Distribution Upgrades and/or Generator Upgrades in the form of security pursuant to Article 11.6. The initial payment shall be provided to Transmission Owner by Interconnection Customer pursuant to this Article 11.5 within the later of a) forty-five (45) Calendar Days of the execution of the GIA by all Parties, or b) forty-five (45) Calendar Days of acceptance by FERC if the GIA is filed unexecuted and the payment is being protested by Interconnection Customer, or c) forty-five (45) Calendar Days of the filing if the GIA is filed unexecuted and the initial payment is not being protested by Interconnection Customer. If the Interconnection Customer made its milestone payments in the form of cash and the Interconnection Customer elects a cash initial payment, then the Transmission Provider shall transfer those funds to the Transmission Owner on the Interconnection Customer’s behalf.

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