Incrementality. Any Funds that the Recipient may receive from Canada are not intended to replace or displace existing sources of funding for the Recipient’s tangible capital assets. The Recipient will ensure that its total annual expenditures on tangible capital assets over the life of the Agreement, on average, will not be less than the Base Amount.
Appears in 7 contracts
Samples: Municipal Funding Agreement, Municipal Funding Agreement, Municipal Funding Agreement
