FISCAL YEAR FUNDING CARRYOVERS. At the end of each Fiscal Year during the Term, each Party may request to Carryover any unspent Funding received from the other Party during that Fiscal Year. Such requests must be received in writing to the contact set forth in Section 10.3 in time for inclusion in that Party’s required budget submission. A Xxxxxxxxx request is deemed approved unless the other Party in writing to the contact identified in Section 10.3 denies the requests. All Carryover Funding remains subject to the terms of the Agreement and must be reflected in a Reconciliation Submittal provided to the other Party by September 30 of the following Fiscal Year.
