Grants and Loans. The Company or MPWMD may each pursue and receive grants, state revolving fund loans, or other forms of reimbursement for Environmental and Permitting Costs from local, state, or federal sources. To the extent allowable under the terms of each grant or loan, the Parties intend and agree that all receipts will be credited against Environmental and Permitting Costs incurred or to be incurred by MPWMD and the Company on a proportional basis.
Appears in 4 contracts
Samples: Sharing Agreement, Sharing Agreement, Sharing Agreement