Funding Budget Sample Clauses

Funding Budget. CSK shall provide to the Funding Companies a budget (a) on the date of this Agreement with respect to the period commencing on such date and ending on the last day of its current fiscal year and (b) at least sixty (60) days prior to the beginning of each fiscal year thereafter with respect to such fiscal year, in each case indicating a good faith forecast of the total amount of the Funding Commitment that it anticipates will be outstanding during the period covered by such budget (each an "Original Annual Budget"), which Original Annual Budget shall include a month by month breakdown of such total amount (for each month, the "Original Budgeted Facilities Outstanding"). At least fifteen (15) days prior to the first day of each and every month during the Funding Term, CSK shall provide to the Funding Companies a budget with respect to the immediately succeeding ninety (90) days (each a "Rolling Quarterly Budget"), in each case adjusting (if necessary) each Original Budgeted Facilities Outstanding during the period covered by such Rolling Quarterly Budget; provided that (i) CSK may only adjust the Original Budgeted Facilities Outstanding for the first and second months of such period, as the same first appeared in a Rolling Quarterly Budget (each a "Revised Budgeted Facilities Outstanding"), within a range (the "Range") from such Revised Budgeted Facilities Outstanding having as its upper limit (i) the lower of (A) one hundred twenty percent (120%) of such Revised Budgeted Facilities Outstanding and (B) $4,000,000 in excess of such Revised Budgeted Facilities Outstanding and having as its lower limit (ii) the higher of (A) eighty percent (80%) of such Revised Budgeted Facilities Outstanding and (B) $4,000,000 less than such Revised Budgeted Facilities Outstanding. In addition to such adjustments under the Quarterly Rolling Budgets, CSK may increase any Original Budgeted Facilities Outstanding or any Revised Budgeted Facility

Funding Budget. Define the monetary and financial reporting obligations, if any, of the University and other party(ies) in the agreement.

Funding Budget. The City and the District agree to share the costs of this pre-design scope in proportion to each entities’ population in the 2010 U.S. Census, as follows: City 10,540 (41%), District 14,933 (59%). These percentages may be altered only by mutual agreement of the parties. The budget for the pre-design phase shall not exceed $50,000 without written agreement of the parties.

Funding Budget. The source of funds provided by the DEPARTMENT are from the 2011-2013 and 2013-2015 the Local Toxics Control Account, §302, Subsection 7.* State Maximum Cost Share Rate over all three years: 100% UP TO a maximum of $ xxxxxxxx The effective date of this agreement is from July 1, 2011 to June 30, 2014.* *Year 3 funding is subject to legislative appropriation in the 2013-2015 Biennium.

Funding Budget