Common use of FISCAL YEAR BUDGETING Clause in Contracts

FISCAL YEAR BUDGETING. Subject to the conditions in this Agreement, Canada agrees to commit funds for the Project for a Fiscal Year in accordance with the table of estimated contributions in Schedule B.2. If, in a Fiscal Year, an amount less than the estimated is paid or payable by Canada, Canada will, subject to Section 3.4 (Appropriations and Funding Levels), make reasonable efforts to re-allocate the difference to a subsequent Fiscal Year.

Appears in 1 contract

Samples: Contribution Agreement

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FISCAL YEAR BUDGETING. Subject to a) If the conditions actual amount payable by Canada in this Agreement, Canada agrees to commit funds for respect of any Fiscal Year of the Project for a Fiscal Year in accordance with the table of estimated contributions in Schedule B.2. If, in a Fiscal Year, an amount is less than the estimated is paid or payable by Canadaamount per Fiscal Year set out in Schedule B.3 of Schedule B, the Recipient may request that Canada will, subject to Section 3.4 (Appropriations and Funding Levels), make reasonable efforts to re-allocate the difference between the two amounts to a subsequent Fiscal Year. Subject to Subsection 4.3, Canada agrees to make reasonable efforts to accommodate the Recipient’s request. The Recipient acknowledges that requests for re-allocation of Project funding shall require appropriation adjustments or federal Crown approvals.

Appears in 1 contract

Samples: Climate Action Incentive

FISCAL YEAR BUDGETING. Subject to the conditions in this Agreement, Canada agrees to commit funds for the Project for a Fiscal Year in accordance with the table of estimated contributions in Schedule B.2. If, in a Fiscal Year, an amount less lesser than the estimated contribution is paid or payable by Canada, Canada will, subject to Section 3.4 (Appropriations and Funding Levels)3.4, make reasonable efforts to re-allocate the difference to a subsequent Fiscal Year.

Appears in 1 contract

Samples: Contribution Agreement

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FISCAL YEAR BUDGETING. Subject to the terms and conditions in of this Agreement, Canada agrees to commit funds for the Project for a Fiscal Year in accordance with the table of estimated contributions in Schedule B.2. If, B. If in a Fiscal Year, Year an amount less lesser than the estimated contribution is paid or payable by Canada, Canada will, subject to Section 3.4 (Appropriations and Funding Levels), make reasonable efforts will not be obliged to re-allocate the difference to a subsequent future Fiscal Year.

Appears in 1 contract

Samples: legacycontent.halifax.ca

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