MATCH CONTRIBUTION Sample Clauses

The Match Contribution clause defines the obligation of one party to match the financial or resource contributions made by another party, typically within a joint venture, partnership, or grant arrangement. In practice, this means that if one party invests a certain amount or provides specific resources, the other party is required to contribute an equivalent amount or value, ensuring parity in investment or support. This clause is essential for maintaining fairness and balance between parties, preventing disproportionate contributions, and ensuring that both sides remain equally committed to the project's success.
MATCH CONTRIBUTION. For every dollar of Continuum funds requested from the Agency, the Contractor must provide forty cents ($.40) in match contribution. Match may take the form of cash or the valuation of non-cash contributions (in-kind). In-kind may be in the form of services, materials, or equipment given without charge to the Contractor. Match must be used to support the Agency funded projects. Match must be determined on standard objective sources and must be verifiable. Match contributions may only be claimed in the same month as utilized (i.e., cannot consider a year’s lease in one lump sum; it must be credited monthly). When reporting match contributions, a separate, additional Expenditure Report from must be completed and marked accordingly in the upper right corner (see Appendix C). Contractors may elect to report match contributions within the same contract line items as approved, or elect to itemize the match contributions by type. One lump sum total titled match will no longer be accepted. The Match Expenditure Report form and supporting documentation shall be the last section of the invoice package. Acceptable forms of match and documentation are:
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MATCH CONTRIBUTION. ‌ 5.12.1 Each Fiscal Year, Subrecipient shall provide a required match contribution to offset the total cost of providing Program Services. Subrecipient's match contribution shall be reflected in Exhibit W (Budget). The match contribution is the non-Federal share of funding provided by Subrecipient to support the Subaward activities and it may take the form of a cash match contribution, an in-kind match contribution and/or both. This match is calculated as a percentage of the Maximum Annual Subaward Sum reflected in Paragraph 5.0 (Subaward Sum).
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MATCH CONTRIBUTION. 5.12.1 Each Fiscal Year, Subrecipient shall provide a required match contribution to offset the total cost of providing Program Services. Subrecipient's match contribution shall be reflected in Exhibit W1 (Budget for Title III C-1 Program Services), Exhibit W2 (Budget for Title III C-2 Program Services) and Exhibit W3 (Budget for Title III B Program Services). The match contribution is the non-Federal share of funding provided by Subrecipient to support the Subaward activities and it may take the form of a cash match contribution, an in-kind match contribution and/or both. This match is calculated as a percentage of the Maximum Annual Subaward Sum reflected in Paragraph 5.0 (Subaward 5.12.2 The match contribution requirements for this Subaward include the following: 5.12.2.1 Title III C-1 Program Services: fifteen percent (15%) of the Maximum Annual Subaward Sum as outlined in Exhibit AA (Guidelines for Developing Budget for Title III C-1 Program Services). 5.12.2.2 Title III C-2 Program Services: fifteen percent (15%) of the Maximum Annual Subaward Sum as outlined in Exhibit BB (Guidelines for Developing Budget for Title III C-2 Program Services). 5.12.2.3 Title III B Program Services: fifteen percent (15%) of the Maximum Annual Subaward Sum as outlined in Exhibit CC (Guidelines for Developing Budget for Title III B Program Services).
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MATCH CONTRIBUTION. For every dollar of Continuum funds requested from the Agency, the Contractor must provide forty cents ($.40) in match contribution. Match may take the form of cash or the valuation of non-cash contributions (in-kind). In-kind may be in the form of services, materials, or equipment given without charge to the Contractor. Match must be used to support the Agency funded projects. Match must be determined on standard objective sources and must be verifiable. Match contributions may only be claimed in the same month as utilized (i.e., cannot consider a year’s lease in one lump sum; it must be credited monthly). Deliverables for match may be broken down into In-kind, Building usage and Cash Match with acceptable supporting documentation. The invoice will reflect the grand total of all match deliverable types. Acceptable forms of match and documentation are:
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MATCH CONTRIBUTION. ‌ 5.12.1 Subrecipient shall provide a required match contribution to offset the total cost of providing Program Services for the Fiscal Year. Subrecipient's match contribution shall be reflected in Exhibit W1 (Budget for TLAP OAA Title III B), Exhibit W2 (Budget for TLAP OAA Title III E FCSP) and Exhibit W3 (Budget for TLAP OAA Title III E FCSP-GR). The match contribution is the non-Federal share of funding provided by Subrecipient to support the Subaward activities and it may take the form of a cash match contribution, an in-kind match contribution and/or both. This match is calculated as a percentage of the Maximum Subaward Sum reflected in Paragraph 5.0 (Subaward Sum). 5.12.2 The match contribution requirement for OAA Title III B is fifteen percent (15%) of the Maximum Annual Subaward Sum allocated for OAA Title III B. 5.12.3 The match contribution requirement for OAA Title III E is twenty-five percent (25%) of the Maximum Annual Subaward Sum allocated for OAA Title III E.
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MATCH CONTRIBUTION. The Recipient agrees to provide a Match Contribution in the amount of the Match Contribution set forth on the Cover Page of this Agreement. This Match Contribution amount is based on the budget, funding sources, and amounts submitted by the Recipient in its application and during the negotiation of this Agreement. Any Match Contribution changes or adjustments requested by the Recipient must be approved, in advance and in writing, by the Project Manager and may require an amendment to this Agreement. Only expenses that would be considered eligible under the Guidelines will be counted towards the Recipient’s Match Contribution. Any costs incurred prior to the adoption of Proposition 1 on November 4, 2014, will not count towards the Recipient’s Match Contribution. If, at Work Completion, the Recipient has provided a Match Contribution in an amount that is less than the Match Contribution set forth on the Cover Page of this Agreement, the State Water Board may proportionately reduce the Project Funds amount and/or Recipient’s Match Contributions amount, upon approval of the Deputy Director of the Division, provided the reduced amount(s) satisfy statutory requirements and Guidelines.
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MATCH CONTRIBUTION. ‌ 5.12.1 Each Fiscal Year, Contractor shall provide a required match contribution to offset the total cost of providing Program Services which are reflected in Exhibit W1 (Budget for Title III C-1 Program Services) and Exhibit W2 (Budget for Title III C-2 Program Services). The match contribution is the non-Federal share of funding provided by Contractor to support the Contract activities and it may take the form of a cash match contribution, an in-kind match contribution and/or both. Therefore, the Maximum Annual Contract Sum reflected in Paragraph 5.0 (Contract Sum) as the amount funded by County provides eighty-five percent (85%) of Contractor's total funding for Program Services and, annually, Contractor shall provide the required match contributions using other resources/contributions. 5.12.2 The match contribution requirements for this Contract are outlined in Exhibit AA (Guidelines for Developing Budget for Dietary Administrative Support Services (DASS) Program (Title III C-1 Services) and Exhibit BB (Guidelines for Developing Budget for Dietary Administrative Support Services (DASS) Program (Title III C-2 Services).
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Related to MATCH CONTRIBUTION

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.