DISBURSEMENT OF PROJECT FUNDS A. Project Funds. WRF will disburse the Project Funds in installments directly to Sub-recipient. The amount of the Project Funds was set based on Sub-recipient’s budget attached in Exhibit C and is a “not to exceed” amount. WRF will not make any payments in excess of such amount. Disbursement of all Project Funds is subject to Sub-recipient’s compliance with this Section III and Exhibit C. Any increase in a budget line item by more than 10% of such line item’s stated budget may require an amendment, even if other budget decreases offset such increase and there is no overall increase to the required Project Funds
Appears in 6 contracts
Samples: Project Funding Agreement, Project Funding Agreement, Project Funding Agreement
