Common use of Maximum Amount of Compensation Clause in Contracts

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,918. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91858,289 . The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91887,445. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91874,974 . The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,918191,090. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 2023, or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEEXXXXXXX's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 20202021-21 22 (if applicable), including compiled, reviewed reviewed, or audited financial report for FY2019FY2020-20 21 or CY2020CY2021, as noted in its grant application; and completed submission of all required attachments for the 20212022-22 23 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91882,876. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91885,266 . The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91859,981 . The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

AutoNDA by SimpleDocs

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91832,252. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91897,759. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,918185,884. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 2023 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 20202021-21 22 (if applicable), including compiled, reviewed reviewed, or audited financial report for FY2019FY2020-20 21 or CY2020CY2021, as noted in its grant application; and completed submission of all required attachments for the 20212022-22 23 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91833,444 . The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

Maximum Amount of Compensation. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $86,91886,917. The Grant Award shall be used and expended by GRANTEE for the purposes specified in this AGREEMENT and for no other purposes. The Grant Award shall be disbursed to GRANTEE as follows: a) CITY shall pay GRANTEE, following execution of this Agreement and the beginning of the term of this Agreement, 80 percent of the Grant Award, rounded to the nearest dollar; b) No sooner than May 15, 2022 or three months before the end of this Agreement, whichever is later, CITY shall pay GRANTEE the remainder of the Grant Award. City shall not make any payment of the Grant Award unless GRANTEE has: (1) paid all of its outstanding debts due to City or City's subcontractors, or both, in consideration of GRANTEE's use of City's property and/or facilities and services; (2) fulfilled all provisions of the Arts Grant Agreement of the fiscal year 2020-21 (if applicable), including compiled, reviewed or audited financial report for FY2019-20 or CY2020, as noted in its grant application; and completed submission of all required attachments for the 2021-22 Operating Grant Application.

Appears in 1 contract

Samples: Grant Agreement

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