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).

Appears in 2 contracts

Samples: Grant Agreement, Research and Development Grant Agreement

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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 ).

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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