Financial Obligations of the Parties. All of the parties’ financial obligations under this Agreement are contingent upon appropriation, budgeting, and availability of specific funds to discharge those obligations. Nothing in this Agreement constitutes a debt, a direct or indirect multiple fiscal year financial obligation, a pledge of the parties’ credit, or a payment guarantee by either party to the other.
Financial Obligations of the Parties. 1. The subject of the Project shall be supported by the Fund with an amount of up to €10,000.00. • the 1st installment in the amount of 80% within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund, • the 2nd (and final) installment in the amount of 20% within 15 working days after the Final Report is approved by the Fund.
Financial Obligations of the Parties. 6.1 As of the Effective Date, the costs for Part I of the Project are estimated at EURO 4,500,000.00 (in words: EURO Four Million Five Hundred Thousand), and for Part II of the Project at EURO 1,500,000.00 (in words: EURO One Million Five Hundred Thousand), totaling EURO 6,000,000.00 (in words: EURO Six Million) for completion of the Ancrod Facilities.
Financial Obligations of the Parties. Each party’s financial obligations under this Agreement are contingent upon appropriation, budgeting, and availability of specific funds to discharge those obligations. Nothing in this Agreement constitutes a debt, a direct or indirect multiple fiscal year obligation, a pledge of the credit of either party, or a payment guarantee by either party to the other party. EXECUTED as of the date first set forth above. CITY AND COUNTY OF BROOMFIELD Mayor SEAL ATTEST: City Clerk, City and County of Broomfield APPROVED AS TO FORM: City Attorney, City and County of Broomfield Boulder County Board of Commissioners By: Chair of the Board of County Commissioners ATTEST: Clerk to the Board CITY OF LONGMONT MAYOR ATTEST: CITY CLERK DATE APPROVED AS TO FORM: ASSISTANT CITY ATTORNEY DATE PROOFREAD DATE APPROVED AS TO FORM AND SUBSTANCE: ORIGINATING DEPARTMENT DATE CITY OF BOULDER, a Colorado home rule city Xxxxx Xxxxxx-Xxxxxxxxxx City Manager Date: ATTEST: City Clerk Date: APPROVED AS TO FORM: City Attorney's Office
Financial Obligations of the Parties. TIME OF PERFORMANCE;
Financial Obligations of the Parties. The Department and the Participating Entity acknowledge that this Agreement is not intended to create financial obligations as between the parties. However, in the event that costs are incurred as a result of either or both of the parties performing their duties or responsibilities under this Agreement, each party agrees to be responsible for their own costs. The Department and the Participating Entity acknowledge that the services described in this agreement are contingent upon grant award funding. Accordingly, in the event that federal grant funding is awarded for the purpose of this Agreement, then the Participating Entity shall notify the Department in writing within ten (10) days of Participating Entity’s being informed of that decision so that the Department is aware this contingency has been met and the Agreement has become effective. In the event that federal grant funding is not awarded for the purpose of this Agreement, then the Participating Entity shall notify the Department in writing within ten (10) days of Participating Entity’s being informed of that decision. Said notice shall function as a mutual termination of this Agreement, and no further action to terminate the Agreement as contemplated by Section VI below will be required of either party.
Financial Obligations of the Parties. The Participating Entity shall reimburse the Department for all costs incurred by the Department resulting from the utilization of this Agreement. This will include, but is not limited to the following:
