Common use of FISCAL YEAR BUDGETING Clause in Contracts

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 (Project Components and Cashflow). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 (Project Components and Cashflow), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection 3.1 (Commitments by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection 3.1 (Commitments by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 B.2 (Project Components and CashflowBudget). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 B.2 (Project Components and CashflowBudget), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection Section 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 B.2 (Project Components and CashflowBudget). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 B.2 (Project Components and CashflowBudget), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection Section 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 B.2 (Project Components and Cashflow). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 B.2 (Project Components and Cashflow), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection 3.1 (Commitments Contribution by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection 3.1 (Commitments Contribution by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 (Project Components and Cashflow). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 (Project Components and Cashflow), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection 3.1 (Commitments by Canada) may be reduced by the amount of the requested re-re- allocation. If the contribution payable by Canada pursuant to Subsection 3.1 (Commitments by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution funding payable by Canada for each Fiscal Year of the Project is as set out in section A.1 c) ii. of Schedule B2 A (Project Components and CashflowProgram Details). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in section A.1 c) ii. of Schedule B2 A (Project Components and CashflowProgram Details), the Recipient British Columbia may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 3.3 Section 5 (Appropriations and Funding LevelsAppropriations), Canada agrees to make reasonable efforts to accommodate the RecipientBritish Columbia’s request. The Recipient British Columbia acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant in accordance with to Subsection 3.1 Section 3 (Commitments by Canada) may be reduced by the amount of the requested re-re- allocation. If the contribution payable by Canada pursuant in accordance with to Subsection 3.1 Section 3 (Commitments by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project Agreement is set out in Schedule B2 B (Project Components and CashflowThe Projects). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project Agreement is less than the estimated amount in Schedule B2 B (Project Components and CashflowThe Projects), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection Section 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or and/or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 (Project Components and Cashflow). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 B.2 (Project Components and Cashflow), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection 3.1 (Commitments by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection 3.1 (Commitments by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution payable by Canada for each Fiscal Year of the Project is set out in Schedule B2 B.2 (Project Components Budget and Cashflow). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in Schedule B2 B.2 (Project Components Budget and Cashflow), the Recipient may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection Section 3.3 (Appropriations and Funding Levels), Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) may be reduced by the amount of the requested re-allocation. If the contribution payable by Canada pursuant to Subsection Section 3.1 (Commitments Contribution by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.

FISCAL YEAR BUDGETING. a) The amount of the contribution funding payable by Canada for each Fiscal Year of the Project is as set out in section A.1 c) ii. and A.2 c) i of Schedule B2 A (Project Components and CashflowProgram Details). b) If the actual amount payable by Canada in respect of any Fiscal Year of the Project is less than the estimated amount in section A.1 c) ii. and A.2 c) i of Schedule B2 A (Project Components and CashflowProgram Details), the Recipient GNWT may request that Canada re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 3.3 Section 5 (Appropriations and Funding LevelsAppropriations), Canada agrees to make reasonable efforts to accommodate the RecipientGNWT’s request. The Recipient GNWT acknowledges that requests for re-allocation of Project funding will require appropriation adjustments or federal Crown approvals. c) In the event that any requested re-allocation of Project funding is not approved, the amount of Canada’s contribution payable pursuant in accordance with to Subsection 3.1 Section 3 (Commitments by Canada) may be reduced by the amount of the requested re-re- allocation. If the contribution payable by Canada pursuant in accordance with to Subsection 3.1 Section 3 (Commitments by Canada) is so reduced, the Parties agree to review the effects of such reduction on the overall implementation of the Project and to adjust the terms and conditions of this Agreement as appropriate.