Common use of Limitation of Funds Clause in Contracts

Limitation of Funds. All reimbursements under this award shall be limited to amounts currently obligated to the award. The awardee bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 9 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

AutoNDA by SimpleDocs

Limitation of Funds. All reimbursements under this award shall be limited to amounts currently obligated to the award. The awardee bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.commitments.‌

Appears in 6 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

Limitation of Funds. All reimbursements under this ‌ This award shall be limited to amounts currently obligated to the award. The awardee bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 6 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Small Business Innovation Research (Sbir)/Small Business Technology Transfer (Sttr) Phase Ii Cooperative Agreement

Limitation of Funds. All reimbursements under this award shall be limited to amounts currently obligated to the award. The awardee recipient bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 1 contract

Samples: Cooperative Agreement

AutoNDA by SimpleDocs

Limitation of Funds. All reimbursements under this ‌ This award shall be limited to amounts currently obligated to the award. The awardee recipient bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 1 contract

Samples: Small Business Innovation Research (Sbir)/Small Business Technology Transfer (Sttr) Phase Ii Cooperative Agreement

Limitation of Funds. All reimbursements under this award shall be limited to amounts currently obligated to the award. The awardee recipient bears the risk of making its own obligations, expenditures, or commitments above the current obligation of funds on this award and under no circumstance is NSF required to increase the award ceiling to accommodate additional obligations, expenditures, or commitments.

Appears in 1 contract

Samples: Cooperative Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!