Common use of Fiscal Impact Requirements Clause in Contracts

Fiscal Impact Requirements. In order for a claim to be reimbursed, the Grantee must show that the scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements (“Requirements”). If these Requirements are in the process of being met, the IEDC may, at its discretion, delay full reimbursement until the Requirements are fully satisfied. Should Grantee fail to meet the Requirements by the Training Deadline, the grant funds will be deobligated by the IEDC and the Grantee may not make any additional claims for reimbursement, even if the Grantee’s performance, after the Training Deadline and before the end of the Reporting Period, meets the Requirements. The Grantee’s obligation to report until the end of the Reporting Period shall remain unchanged.

Fiscal Impact Requirements. In order for a claim to be reimbursed, the Grantee must show that the reasonable and prompt efforts for scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements (“Requirements”“Requirements”). If these Requirements are in the process of being met, the IEDC may, at its discretion, delay full reimbursement until the Requirements are fully satisfied. Should Grantee fail to meet the Requirements by the Training Deadline, the grant funds will be deobligated by the IEDC and the Grantee may not make any additional claims for reimbursement, even if the Grantee’s Grantee’s performance, after the Training Deadline and before the end of the Reporting Period, meets the Requirements. The Grantee’s Grantee’s obligation to report until the end of the Reporting Period shall remain unchanged.

Fiscal Impact Requirements. In order for a claim to be reimbursed, the Grantee must show that the scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements (“Requirements”). If these Requirements requirements are in the process of being met, the IEDC may, at its discretion, delay full reimbursement until the Requirements are fully satisfied. Should Grantee fail to meet the Fiscal Impact Requirements by the Training Deadline, the grant funds will be deobligated by the IEDC and the Grantee may not make any additional claims for reimbursement, even if the Grantee’s performance, after the Training Deadline and before the end of the Reporting Period, meets the Fiscal Impact Requirements. The Grantee’s obligation to report until the end of the Reporting Period shall remain unchanged.

Fiscal Impact Requirements. In order for a claim to be reimbursed, the Grantee must show that the scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements (“Requirements”). If these Requirements are in the process of being met, the IEDC may, at its discretion, delay full reimbursement until the Requirements are fully satisfied. Should Grantee fail to meet receive the Requirements Maximum Grant Amount by the Training Deadline, the remaining balance of grant funds under the award will be deobligated by the IEDC and the Grantee may not make any additional claims for reimbursement, even if the Grantee’s performance, after the Training Deadline and before the end of the Reporting Period, meets the Requirements. The Grantee’s obligation to report until the end of the Reporting Period shall remain unchanged.