Common use of Formula-based Funding Adjustments Clause in Contracts

Formula-based Funding Adjustments. 3.3.1 Where the amount of funding for any Project for which funding is provided under Schedule "DIAND-2" is changed in accordance with an adjustment factor set out in the Schedule "DIAND-3", Canada shall, by Notice of Budget Adjustment, amend Schedule "DIAND-2" and Schedule "FED-1" accordingly.

Formula-based Funding Adjustments. 3.3.1 Where the amount of any funding to be provided under Schedule "DIAND-1A" will change in accordance with Schedule "DIAND-1B", Canada shall, by Notice of Budget Adjustment, amend Schedule "FED-1" accordingly. 3.3.2 Where the amount of funding for any Project program, service or activity for which funding is provided under Schedule "DIAND-2" is changed in accordance with an adjustment factor set out in the Schedule "DIAND-3DIAND- 3", Canada shall, by Notice of Budget Adjustment, amend Schedule "DIAND-2" and Schedule "FED-1" accordingly.

Formula-based Funding Adjustments. 3.3.1 Where the amount of funding for any Project program, service or activity for which funding is provided under Schedule "DIAND-2" is changed in accordance with an adjustment factor set out in the Schedule "DIAND-3DIAND- 3", Canada shall, by Notice of Budget Adjustment, amend Schedule "DIAND-2" and Schedule "FED-1" accordingly.