Common use of Funding Amount Clause in Contracts

Funding Amount. In accordance with Section 9 of the POA, the Funding Amount is [AMOUNT] which is the lesser of: (i) The Approved Final Cost which is [AMOUNT]; (ii) The Estimated Cost plus five percent of the Estimated Cost which is [AMOUNT]; and (iii) the highest dollar amount that does not cause the Special Charge (Actual) to exceed the lesser of 10 percent of Current Value Assessment for the property up to a maximum of $2,000,000 when the City calculates the Special Charge (Actual) which is [AMOUNT]. (iv) minus the Actual Incentive / Rebate which is [AMOUNT]

Funding Amount. In accordance with Section 9 of the POA, the Funding Amount is [AMOUNT] which is is: (a) the lesser of: (i) The Approved Final Cost which is [AMOUNT]; (ii) The Estimated Cost plus five percent of the Estimated Cost which is [AMOUNT]; and (iii) the highest dollar amount that does not cause the Special Charge (Actual) to exceed the lesser of 10 percent of Current Value Assessment for the property up to a maximum of or $2,000,000 125,000 when the City calculates the Special Charge (Actual) which is [AMOUNT]. (ivb) minus the Actual Incentive / Rebate which is [AMOUNT]

Funding Amount. In accordance with Section 9 of the POA, the Funding Amount is [AMOUNT] $AMOUNT which is is: a. the lesser of: (i) The Approved Final Cost which is [$AMOUNT]; (ii) The Estimated Cost plus five percent of the Estimated Cost which is [$AMOUNT]; andAnd (iii) the highest dollar amount that does not cause the Special Charge (Actual) to exceed the lesser of 10 percent of Current Value Assessment for the property up to a maximum of or $2,000,000 75,000 when the City Town calculates the Special Charge (Actual) which is [$ AMOUNT]. (iv) b. minus the Actual Incentive / Rebate which is [$AMOUNT]