No Roll Over of Funds. Prior to end of the budget cycle, the Parties may agree to return unused funds to the Parties rather than roll such funds over to the next budget cycle. Prior to the termination of this Funding Agreement, the Parties may agree to return unused funds to the Parties rather than roll such funds over to the next funding agreement. In each such case, unused funds shall be returned to the Parties in the same ratio as the Parties contributed such funds, and funds returned to each Party shall be net of any funds such Party owes pursuant to this Funding Agreement.
Appears in 4 contracts
Samples: Funding Agreement, Funding Agreement, Northern Tier Transmission Group Funding Agreement
No Roll Over of Funds. Prior to end of the budget cycle, cycle the Parties may agree to return unused funds to the Parties rather than roll such funds over to the next budget cycle. Prior to the termination of this Funding Agreement, Agreement the Parties may agree to return unused funds to the Parties rather than roll such funds over to the next funding agreement. In each such case, unused funds shall be returned to the Parties in the same ratio as the Parties contributed such funds, and funds returned to each Party shall be net of any funds such Party owes pursuant to this Funding Agreement.
Appears in 2 contracts
Samples: Northern Tier Transmission Group Funding Agreement, Northern Tier Transmission Group Funding Agreement
