Common use of Match Ratio Clause in Contracts

Match Ratio. Participant must match MassTech funds at a : ratio, expended ratably with the reimbursable costs. Participant’s total match contribution shall be a minimum of [WRITE OUT AMOUNT] Dollars ($X).

Match Ratio. Participant must match MassTech funds at a : ratio1:1 ratio during the grant period, however to the extent practicable match should be expended ratably with the reimbursable costs. Participant’s total match Required Match contribution shall be a minimum of [WRITE OUT AMOUNT] Dollars ($X$ ICMContractAmount ).