Common use of CONSISTENCY BETWEEN BUDGETING, FUNDING Clause in Contracts

CONSISTENCY BETWEEN BUDGETING, FUNDING. Each Party agrees to use Funding for Programs substantially as described in their respective and relevant Annual Spending Plans. Each Party may reallocate such Funding across budgeted Programs as needed to achieve KPIs and Program goals identified by the SOC, provided that the reallocation does not materially and adversely affect performance of their Annual Program Plan. In such an event, the Party must report on, and justify, any material reallocations of Program Funding in its next Quarterly Report.