Common use of OBLIGATION OF FUNDS Clause in Contracts

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Agreement that identify the additional cost-share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Agreement will be for a term of 3 years and not to exceed 5 years. The ENTITY must meet each performance schedule deadline in table 1 unless the ENTITY requests and NRCS grants an extension in writing prior to the original deadline. The performance schedule deadlines for an individual attachment may be extended for one consecutive 12-month period, as provided in section IX.B. Should the ENTITY not meet the performance schedule deadlines, NRCS may release any remaining funds from this Cooperative Agreement. Table 1 – Performance Schedule 2017 A March 31, 2019 July 31, 2019 August 31, 2019 2018 B March 31, 2020 July 31, 2020 August 31, 2020 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Agreement that identify the additional cost-share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Agreement will be for a term of 3 years and not to exceed 5 years. The ENTITY must meet each performance schedule deadline in table 1 unless the ENTITY requests and NRCS grants an extension in writing prior to the original deadline. The performance schedule deadlines for an individual attachment may be extended for one consecutive 12-month period, as provided in section IX.B. Should the ENTITY not meet the performance schedule deadlines, NRCS may release any remaining funds from this Cooperative Agreement. Table 1 – Performance Schedule 2015 A March 31, 2017 A July 31, 2017 August 31, 2017 2016 B March 31, 2018 July 31, 2018 August 31, 2018 2017 C March 31, 2019 July 31, 2019 August 31, 2019 2018 B March 31, 2020 July 31, 2020 August 31, 20202019 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Cooperative Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Agreement that identify the additional cost-share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Agreement will be for a term of 3 years and not to exceed 5 years. The ENTITY must meet each performance schedule deadline in table 1 unless the ENTITY requests and NRCS grants an extension in writing prior to the original deadline. The performance schedule deadlines for an individual attachment may be extended for one consecutive 12-month period, as provided in section IX.B. Should the ENTITY not meet the performance schedule deadlines, NRCS may release any remaining funds from this Cooperative Agreement. Table 1 – Performance Schedule 2017 A March 31, 2019 July 31, 2019 August 31, 2019 2018 B March 31, 2020 July 31, 2020 August 31, 2020 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Cooperative Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Agreement that identify the additional cost-share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Agreement will be for a term of 3 years and not to exceed 5 years. The ENTITY must meet each performance schedule deadline in table 1 unless the ENTITY requests and NRCS grants an extension in writing prior to the original deadline. The performance schedule deadlines for an individual attachment may be extended for one consecutive 12-month period, as provided in section IX.B. Should the ENTITY not meet the performance schedule deadlines, NRCS may release any remaining funds from this Cooperative Agreement. Table 1 – Performance Schedule 2015 A March 31, 2017 A July 31, 2017 August 31, 2017 2016 B March 31, 2018 July 31, 2018 August 31, 2018 2017 C March 31, 2019 July 31, 2019 August 31, 2019 2018 B March 31, 2020 July 31, 2020 August 31, 20202019 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded Parcels listed on attachments to this Cooperative Agreement. To receive this cost-cost share, the ENTITY must close purchase the agricultural land easements easement and request payment of the NRCS cost-cost share in accordance with section VII of this Cooperative Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Agreement that identify the additional cost-cost- share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Agreement will be for a term of at least 3 years and not to exceed 5 years. The ENTITY must meet each performance schedule deadline in table 1 unless Table 1. The “Closing Deadline” or “Payment Request Deadline” may be extended for up to one consecutive 12-month period from the date identified in the performance schedule for the individual attachment if the ENTITY requests and NRCS grants approves an extension in writing prior to the original deadline. The “Attachment Expiration Deadline” identified in the performance schedule deadlines below and on the corresponding notice of award for an the individual attachment may cannot be extended for one consecutive 12-month period, as provided in section IX.B. extended. Should the ENTITY not meet the performance schedule Performance Schedule deadlines, NRCS may release any remaining funds from this Cooperative Agreement. Table 1 – Performance Schedule 2017 2018 A March 31, 2019 July 31, 2019 August 31, 2019 2018 B March 31, 2020 July 31, 2020 August 31, 20202021 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Agreement. To receive this cost-share, the ENTITY must close the agricultural land easements and request payment of the NRCS cost-share in accordance with section VII of this Cooperative Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Cooperative Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Agreement that identify the additional cost-share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Agreement will be for a term of 3 years and not to exceed 5 years. The ENTITY must meet each performance schedule deadline in table 1 unless the ENTITY requests and NRCS grants an extension in writing prior to the original deadline. The performance schedule deadlines for an individual attachment may be extended for one consecutive 12-month period, as provided in section IX.B. Should the ENTITY not meet the performance schedule deadlines, NRCS may release any remaining funds from this Cooperative Agreement. Table 1 – Performance Schedule 2016 A March 31, 2018 July 31, 2018 August 31, 2018 2017 A B March 31, 2019 July 31, 2019 August 31, 2019 2018 B C March 31, 2020 July 31, 2020 August 31, 2020 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.

OBLIGATION OF FUNDS. A. Upon execution of this Cooperative Grant Agreement, NRCS will make cost-share assistance available up to the amount specified on the Notice of Grant and Agreement Award for the acquisition by the ENTITY of agricultural land easements on the funded grassland of special environmental significance Parcels listed on attachments to this Cooperative Grant Agreement. To receive this cost-cost share, the ENTITY must close purchase the agricultural land easements easement and request payment of the NRCS cost-cost share in accordance with section VII of this Cooperative Grant Agreement. Only Parcels determined by NRCS to be grasslands of special environmental significance may be funded through this Grant Agreement. B. NRCS may make additional cost-share assistance available in future fiscal years through the execution of mutually acceptable amendments to this Cooperative Grant Agreement that identify the additional cost-share assistance amount, the additional funded Parcels, and the terms and conditions of the funding if different from the terms and conditions identified herein, as provided in section IX.D. C. Upon mutual agreement of the Parties and execution of an amendment, as provided in section IX.D, NRCS may allow substitution of Parcels at any time, provided the Parcels are of comparable conservation value as determined by the NRCS. D. This Cooperative Grant Agreement will be for a term of 3 5 years and not to exceed 5 7 years. The ENTITY must meet each performance schedule deadline in table 1 unless the ENTITY requests and NRCS grants approves an extension in writing prior to the original deadline. The performance schedule deadlines for an individual attachment may be extended for one consecutive 12-month period, as provided in section IX.B. Should the ENTITY not meet the performance schedule deadlines, NRCS may release any remaining funds from this Cooperative Grant Agreement. Table 1 – Performance Schedule 2017 A March 31, 2019 July 31, 2019 August 31, 2019 2018 B March 31, 2020 July 31, 2020 August 31, 2020 E. Requests for an extension to the attachment expiration deadline must be submitted by the ENTITY to NRCS 30 days in advance of the attachment expiration date. F. Nothing in this document obligates NRCS or the ENTITY to purchase all or any of the agricultural land easement Parcels listed in the attachments.