Multi-Year Special Award Condition Sample Clauses

Multi-Year Special Award Condition. MULTI-YEAR SAC: The award period and budget(s) incorporated into this award cover a five -year period for a total amount of $14,806,889 in Federal funds. However, Federal funding available at this time is limited to $606,000 for this funding period. Receipt of any prospective funding is contingent upon the availability of funds from Congress, satisfactory performance, continued relevance to program objectives, and will be at the sole discretion of the Department of Commerce. The Department of Commerce is not liable for any obligations, expenditures, or commitments which involve any amount in excess of the Federal amount presently available. The Recipient will be responsible for any and all termination costs it may incur should prospective funding not become available. No legal liability will exist or result on the part of the Federal Government for payment of any portion of the remaining funds which have not been made available under the award. Notifications affecting funding or notice of non-availability of additional funding for prospective years will be made only by the Grants Officer. The amendment to obligate prospective funding available shall be made on Form CD-451, "Amendment to Financial Assistance Award," if at all possible prior to the expiration of each year's activities.
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Multi-Year Special Award Condition. 1.(MULTI-YEAR) The award period and budget(s) incorporated into this award cover a 5-year period for a total amount of $19,750,000 in Federal funds. However, Federal funding available at this time is limited to $3,950,000 for this funding period. Receipt of any prospective funding is contingent upon the availability of funds from Congress, satisfactory performance, continued relevance to program objectives, and will be at the sole discretion of the Department of Commerce. The Department of Commerce is not liable for any obligations, expenditures, or commitments which involve any amount in excess of the Federal amount presently available. The Recipient will be responsible for any and all termination costs it may incur should prospective funding not become available. No legal liability will exist or result on the part of the Federal Government for payment of any portion of the remaining funds which have not been made available under the award. Notifications affecting funding or notice of non-availability of additional funding for prospective years will be made only by the Grants Officer. The amendment to obligate prospective funding available shall be made on Form CD-451, "Amendment to Financial Assistance Award," if at all possible prior to the expiration of each year's activities. The funding period for this award is June 1, 2016 through May 31, 2017 and may be extended through May 31, 2021 DEPARTMENT OF COMMERCE FINANCIAL ASSISTANCE‌‌ STANDARD TERMS AND CONDITIONS D e c e m b e r 26, 2 014 DEPARTMENT OF COMMERCE FINANCIAL ASSISTANCE STANDARD TERMS AND CONDITIONS Table of Contents PREFACE 4 A. PROGRAMMATIC REQUIREMENTS 5 .01 Performance (Technical) Reports 5 .02 Reporting on Real Property 5 .03 Unsatisfactory Performance 5 .04 Programmatic Changes 6 .05 Other Federal Awards with Similar Programmatic Activities 6 .06 Non-Compliance with Award Provisions 6 .07 Prohibition against Assignment by the Non-Federal Entity 6 .08 Disclaimer Provisions 6 B. FINANCIAL REQUIREMENTS 7 .01 Financial Management 7 .02 Financial Reports 7 .03 Award Payments 8 .04 Federal and Non-Federal Sharing 9 .05 Budget Changes and Transfer of Funds among Categories 10 .06 Indirect or Facilities and Administrative Costs 10 .07 Incurring Costs or Obligating Federal Funds Before and After the Period of Performance 13 .08 Tax Refunds 13 C. INTERNAL CONTROLS 14 D. PROPERTY STANDARDS 14 .01 Standards 14 .02 Real and Personal Property 14 .03 Intellectual Property Rights 15 E. PROCUREMENT STAN...
Sample 1
Multi-Year Special Award Condition. The award period and budget(s) incorporated into this award cover a 5-year period for a total amount of $20,000,000 in Federal funds. However, Federal funding available at this time is limited to $2,418,098 for this funding period. Receipt of any prospective funding is contingent upon the availability of funds from Congress, satisfactory performance, continued relevance to program objectives, and will be at the sole discretion of the Department of Commerce. The Department of Commerce is not liable for any obligations, expenditures, or commitments which involve any amount in excess of the Federal amount presently available. The Recipient will be responsible for any and all termination costs it may incur should prospective funding not become available. No legal liability will exist or result on the part of the Federal Government for payment of any portion of the remaining funds which have not been made available under the award. Notifications affecting funding or notice of non-availability of additional funding for prospective years will be made only by the Grants Officer. The amendment to obligate prospective funding available shall be made on Form CD- 451, "Amendment to Financial Assistance Award," if at all possible prior to the expiration of each year's activities.
Sample 1

Related to Multi-Year Special Award Condition

  • Final Award Where the tribunal makes a final award against a party, the tribunal may award, separately or in combination, only:

  • Pre-Award Costs Pre-award costs are those incurred prior to the effective date of the award directly pursuant to the negotiation and in anticipation of the award where such costs are necessary to comply with the proposed delivery schedule or period of performance. Such costs are allowable only to the extent that they would have been allowable if incurred after the date of the award and only with the prior written approval of the Department.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • System for Award Management (XXX) Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a XXX.xxx proof of registration and Commercial and Government Entity (CAGE) number. Grantee will continue to maintain an active XXX registration with current information at all times during which it has an active award under this Agreement.

  • PERFORMANCE PERIOD This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Vesting Schedule Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.

  • Performance Levels (a) The Performance Levels which apply to the performance by the respective Parties of their obligations under this Agreement are set out in Part 1 of Schedule 5. A failure by either Party to achieve the relevant Performance Level will not constitute a breach of this Agreement and the only consequences of such failure as between the Parties shall be the consequences set out in this Clause 5.6.

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

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