Common use of Determination of Funding Amount Clause in Contracts

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

AutoNDA by SimpleDocs

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€Œ (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

AutoNDA by SimpleDocs

Determination of Funding Amount. β€Œ (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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!