Common use of Cost Sharing Liability Clause in Contracts

Cost Sharing Liability. The Research Project Awardee’s liability to fund the Research Project Award shall be limited to the total “Research Project Awardee’s Share” value identified in the OTA Task Order or Project Approval Letter (PAL) and identified by the CM in a Research Project Award. If a Research Project Awardee exceeds the amount of cost share identified in a Research Project Award, neither the Government nor the CM will be obligated to increase the Government funding for the project.

Appears in 2 contracts

Samples: Base Agreement, Base Agreement

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Cost Sharing Liability. The Research Project Awardee’s liability to fund the Research Project Award shall be limited to the total “Research Project Awardee’s Share” value identified in the OTA pOTA Task Order or Project Approval Letter (PAL) and identified by the CM in a Research Project Award. If a Research Project Awardee exceeds the amount of cost share identified in a Research Project Award, neither the Government nor the CM will be obligated to increase the Government funding for the project.. REPRESENTATIONS AND WARRANTIES‌

Appears in 1 contract

Samples: Base Agreement

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Cost Sharing Liability. The Research Project Awardee’s liability to fund the Research Project Award shall be limited to the total “Research Project Awardee’s Share” value identified in the OTA pOTA Task Order or Project Approval Letter (PAL) and identified by the CM in a Research Project Award. If a Research Project Awardee exceeds the amount of cost share identified in a Research Project Award, neither the Government nor the CM will be obligated to increase the Government funding for the project.

Appears in 1 contract

Samples: Base Agreement

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