Common use of Initial Budget Clause in Contracts

Initial Budget. To initially fund the budget for this Activity Agreement, the Activity Participants agree to contribute a total of $51,447.82 in equal shares. In the event the Activity Participants have contributed initial funding for purposes of the Activity Agreement through a separate form of agreement, then the amounts paid under such agreement shall be credited against the initial costs for all Activity Participants required by this Section, with appropriate adjustments for any overpayments.

Initial Budget. To initially fund the budget for this Activity Agreement, the Activity Participants agree to contribute a total of $51,447.82 36,465.54 in equal shares. In the event the Activity Participants have contributed initial funding for purposes of the Activity Agreement through a separate form of agreement, then the amounts paid under such agreement shall be credited against the initial costs for all Activity Participants required by this Section, with appropriate adjustments for any overpayments.

Initial Budget. To initially fund the budget for this Activity Agreement, the Activity Participants agree to contribute a total of $51,447.82 1,000,000 according to the Participation Percentages referenced in equal sharesSection 10 below and described in Exhibit “B” to this Activity Agreement. In This initial budget amount will be used, among other purposes, to reimburse the event Authority for costs paid to support the Activity Participants have contributed initial funding for purposes of Reservoir Expansion Project from March 1, 20223 onward using funds from the Activity Agreement through a separate form of agreement, then the amounts paid under such agreement shall be credited against the initial costs for all Activity Participants required by this Section, with appropriate adjustments for any overpaymentsAuthority’s Fiscal Year 2023 Leg/Ops budget.

Initial Budget. To initially fund the budget for this Activity Agreement, the Activity Participants agree to contribute a total of $51,447.82 $ according to the Participation Percentages referenced in equal shares. In the event the Section 10 below and described in Exhibit “B” to this Activity Participants have contributed initial funding for purposes of the Activity Agreement through a separate form of agreement, then the amounts paid under such agreement shall be credited against the initial costs for all Activity Participants required by this Section, with appropriate adjustments for any overpaymentsAgreement.

Initial Budget. To initially fund the budget for this Activity Agreement, the Activity Participants agree to contribute a total of $51,447.82 $ 333,000 according to the Participation Percentages referenced in equal sharesSection 10.1 below and described in Exhibit “C” to this Agreement. In the event the Activity Participants have contributed initial funding for purposes of the Activity Agreement through a separate form of agreement, then the amounts paid under such agreement shall be credited against the initial costs for all Activity Participants required by this Section, with appropriate adjustments for any overpayments.