Common use of DISBURSEMENTS: BCHMC-DELIVERED INITIATIVES Clause in Contracts

DISBURSEMENTS: BCHMC-DELIVERED INITIATIVES. 7.1. BCHMC is responsible for disbursement of CMHC Funding and Cost-Matched Funding for each Project and to each Recipient. CMHC Funding and Cost-Matched Funding must be disbursed to Project and Recipients in accordance with this Agreement not later than four years following the date of Commitment, but in any event not later than March 31, 2027 or, in the case of ongoing contributions, within twenty years following the date of Commitment but not later than March 31, 2043.

DISBURSEMENTS: BCHMC-DELIVERED INITIATIVES. 7.1. BCHMC is responsible for disbursement of CMHC Funding and Cost-Matched Funding for each Project and to each Recipient. CMHC Funding and Cost-Matched Funding must be disbursed to Project and Recipients in accordance with this Agreement not later than four years following the date of Commitment, but in any event not later than March 31, 2027 2030 or, in the case of ongoing contributions, within twenty years following the date of Commitment but not later than March 31, 20432046.