Determination of Funding Amount. The Funding Amount is an amount that equals 50% of the Direct Analysis Costs up to a maximum amount of $50,000 (ex GST). Subject to clause 5.1(a) the Funding Amount will be determined as follows: where 50% of the Direct Analysis Costs are less than the Funding Offer, the Funding Amount will be 50% of the actual Direct Analysis Costs; or where 50% of the Direct Analysis Costs are more than the Funding Offer, the Funding Amount will be the Funding Offer.
Appears in 5 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Determination of Funding Amount. (a) The Funding Amount is an amount that equals 50% of the Direct Analysis Project Costs up to a maximum amount of $50,000 250,000 (ex GST). .
(b) Subject to clause 5.1(a) ), the Funding Amount will be determined as follows: :
(i) where 50% of the Direct Analysis Project Costs are less than the Funding Offer, the Funding Amount will be 50% of the actual Direct Analysis Project Costs; or or
(ii) where 50% of the Direct Analysis Project Costs are more than the Funding Offer, the Funding Amount will be the Funding Offer.
Appears in 3 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Determination of Funding Amount. (a) The Funding Amount is an amount that equals 50% of the Direct Analysis Costs up to a maximum amount of $50,000 (ex GST). .
(b) Subject to clause 5.1(a) the Funding Amount will be determined as follows: :
(i) where 50% of the Direct Analysis Costs are less than the Funding Offer, the Funding Amount will be 50% of the actual Direct Analysis Costs; or or
(ii) where 50% of the Direct Analysis Costs are more than the Funding Offer, the Funding Amount will be the Funding Offer.
Appears in 2 contracts
Samples: Funding Agreement, Funding Agreement
Determination of Funding Amount. β
(a) The Funding Amount is an amount that equals 50% of the Direct Analysis Costs up to a maximum amount of $50,000 (ex GST). .
(b) Subject to clause 5.1(a) the Funding Amount will be determined as follows: :
(i) where 50% of the Direct Analysis Costs are less than the Funding Offer, the Funding Amount will be 50% of the actual Direct Analysis Costs; or or
(ii) where 50% of the Direct Analysis Costs are more than the Funding Offer, the Funding Amount will be the Funding Offer.
Appears in 1 contract
Samples: Funding Agreement
Determination of Funding Amount. β
(a) The Funding Amount is an amount that equals 50% of the Direct Analysis Project Costs up to a maximum amount of $50,000 250,000 (ex GST). .
(b) Subject to clause 5.1(a) ), the Funding Amount will be determined as follows: :
(i) where 50% of the Direct Analysis Project Costs are less than the Funding Offer, the Funding Amount will be 50% of the actual Direct Analysis Project Costs; or or
(ii) where 50% of the Direct Analysis Project Costs are more than the Funding Offer, the Funding Amount will be the Funding Offer.
Appears in 1 contract
Samples: Funding Agreement