Common use of Funding Period Clause in Contracts

Funding Period. The Minister will not contribute to any Eligible Costs incurred by the Recipient prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible Costs incurred prior to the Execution Date exceed twenty percent (20%) of the “Total Estimated Eligible Costs” set out in Form C2 - ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - Statement of Work.

Appears in 2 contracts

Samples: Strategic Innovation Fund Agreement (Spire Global, Inc.), Sif Agreement (Algoma Steel Group Inc.)

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Funding Period. The Minister will not contribute to any Eligible Supported Costs incurred by the Recipient prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible Supported Costs incurred prior to the Execution Date exceed twenty [***] percent (20[***]%) of the “estimated Total Estimated Eligible Supported Costs” set out in Form C2 - ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - Statement of Work.

Appears in 2 contracts

Samples: Strategic Innovation Fund Agreement (AbCellera Biologics Inc.), Strategic Innovation Fund Agreement (AbCellera Biologics Inc.)

Funding Period. The Minister will not contribute to any Eligible Supported Costs incurred by the Recipient prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible Supported Costs incurred prior to the Execution Date exceed twenty *** percent (20***%) of the “estimated Total Estimated Eligible Supported Costs” set out in Form C2 - ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - Statement of Work.

Appears in 2 contracts

Samples: Strategic Innovation Fund Agreement, Strategic Innovation Fund Agreement (VBI Vaccines Inc/Bc)

Funding Period. The Minister will not contribute to any Eligible Supported Costs incurred by the Recipient prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible Supported Costs incurred prior to the Execution Date exceed twenty percent (20%) of the “Total Estimated Eligible Supported Costs” set out in Form C2 - ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - Statement of Work.

Appears in 1 contract

Samples: Sif Agreement (Algoma Steel Group Inc.)

Funding Period. The Minister will not contribute to any Eligible Supported Costs incurred by the Recipient prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible Supported Costs incurred prior to the Execution Date exceed twenty percent (20%) [**]% of the “Total Estimated Eligible Supported Costs” set out in Form C2 - ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - Statement of Work.

Appears in 1 contract

Samples: Strategic Innovation Fund Agreement (Edesa Biotech, Inc.)

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Funding Period. The Minister will not contribute to any Eligible Supported Costs incurred by the Recipient Recipients prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible Supported Costs incurred prior to the Execution Date exceed twenty percent (20%) of the “Total Estimated Eligible Supported Costs” set out in Form C2 - C2—ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - 1—Statement of Work.

Appears in 1 contract

Samples: Sif Agreement (D-Wave Quantum Inc.)

Funding Period. The Minister will not contribute to any Eligible Supported Costs incurred by the Recipient prior to the Eligibility Date or after the Project Completion Date. In no event will Eligible -ported Costs incurred prior to the Execution Date exceed twenty percent (20%) of the “fthe "Total Estimated Eligible Supported Costs" set out in Form C2 - ESTIMATED -ESTIMATED COST BREAKDOWN BY FISCAL YEAR of Schedule 1 - Statement -Statement of Work.

Appears in 1 contract

Samples: Strategic Innovation Fund Agreement (AbCellera Biologics Inc.)

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