Common use of Demonstration of Matching Funds Clause in Contracts

Demonstration of Matching Funds. Pursuant to TEX. HEALTH & SAFETY CODE § 102.255(d) and T.A.C. § 703.11, RECIPIENT has an amount of funds equal to [***] of the amount of the Grant to be disbursed each fiscal year of the Contract term dedicated to the same area of cancer research that is the subject of the Grant as demonstrated by the form incorporated herein to Attachment C. The RECIPIENT shall update the matching funds certification annually for each fiscal year that Grant funds are disbursed. The update must be on or before the anniversary of the Effective Date.

Appears in 2 contracts

Samples: Cancer Research Grant Contract (Mirna Therapeutics, Inc.), Cancer Research Grant Contract (Mirna Therapeutics, Inc.)

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Demonstration of Matching Funds. Pursuant to TEX. HEALTH & SAFETY CODE § 102.255(d) and T.A.C. § 703.11, RECIPIENT has an amount of funds equal to [***] one-half of the amount of the Grant to be disbursed each fiscal year of the Contract term dedicated to the same area of cancer research that is the subject of the Grant as demonstrated by the form incorporated herein to Attachment C. The RECIPIENT shall update the matching funds certification annually for each fiscal year that Grant funds are disbursed. The update must be on or before the anniversary of the Effective Date.

Appears in 2 contracts

Samples: Cancer Research Grant Contract (Bellicum Pharmaceuticals, Inc), Cancer Research Grant Contract (Bellicum Pharmaceuticals, Inc)

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