Common use of Obligation of the Parties Clause in Contracts

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC agrees to return to SBA any unused funds. b. IEDC will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC acknowledges that it is a Subrecipient Agency as the term is used in the State Board of Accounts manual. d. IEDC will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC for administration of the program. IEDC’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC FSSA from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC FSSA agrees to return to SBA any unused funds. b. IEDC FSSA will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC FSSA acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC FSSA will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC FSSA for administration of the program. IEDCFSSA’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC FSSA as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC ISP from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC ISP agrees to return to SBA any unused funds. b. IEDC ISP will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC ISP acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC ISP will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure orprocedure implemented by IEDC ISP for administration of the program. IEDCISP’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC ISP as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC SOS from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXX agrees to return to SBA any unused funds. b. IEDC SOS will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC SOS acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC SOS will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC SOS for administration of the program. IEDCXXX’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC SOS as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC INDOT from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXXXX agrees to return to SBA any unused funds. b. IEDC INDOT will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC INDOT acknowledges that it is a Subrecipient Substate Agency as the term is used in the State Board of Accounts manual. d. IEDC INDOT will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC INDOT for administration of the program. IEDCINDOT’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC INDOT as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC DNR from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC DNR agrees to return to SBA any unused funds. b. IEDC DNR will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC DNR acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC DNR will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC DNR for administration of the program. IEDCDNR’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC DNR as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC IDOH from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC IDOH agrees to return to SBA any unused funds. b. IEDC IDOH will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC IDOH acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC IDOH will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC IDOH for administration of the program. IEDCIDOH’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC IDOH as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC IDOC from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC IDOC agrees to return to SBA any unused funds. b. IEDC IDOC will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC IDOC acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC IDOC will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC IDOC for administration of the program. IEDCIDOC’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC IDOC as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC DWD from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC DWD agrees to return to SBA any unused funds. b. IEDC DWD will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC DWD acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC DWD will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC DWD for administration of the program. IEDCDWD’s responsibilities to administer the Program include: •  Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. •  SBA will assist IEDC DWD as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC agrees to return to SBA any unused funds. b. IEDC will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC acknowledges that it is a Subrecipient Agency as the term is used in the State Board of Accounts manual. d. IEDC will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC for administration of the program. IEDC’s responsibilities to administer the Program include: •  Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. •  SBA will assist IEDC as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC ISP from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXX agrees to return to SBA any unused funds. b. IEDC ISP will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC ISP acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC ISP will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure orprocedure implemented by IEDC ISP for administration of the program. IEDCISP’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC ISP as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC SBOA from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXXX agrees to return to SBA any unused funds. b. IEDC SBOA will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC SBOA acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC SBOA will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC SBOA for administration of the program. IEDCSBOA’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC SBOA as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC LETB from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC LETB agrees to return to SBA any unused funds. b. IEDC LETB will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC LETB acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC LETB will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC LETB for administration of the program. IEDCLETB’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC LETB as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC OCRA from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXXX agrees to return to SBA any unused funds. b. IEDC OCRA will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC OCRA acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC OCRA will administer the Program in accordance with federal laws and guidance of the CPF ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure orprocedure implemented by IEDC OCRA for administration of the program. IEDCOCRA’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. emergency • SBA will assist IEDC OCRA as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC IDOH from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXXX agrees to return to SBA any unused funds. b. IEDC IDOH will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC IDOH acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC XXXX will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC IDOH for administration of the program. IEDCXXXX’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC IDOH as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC IFA from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC IFA agrees to return to SBA any unused funds. b. IEDC IFA will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC IFA acknowledges that it is a Subrecipient Agency as the term is used in the State Board of Accounts manual. d. IEDC IFA will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC IFA for administration of the program. IEDCIFA’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC IFA as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC MPH from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXX agrees to return to SBA any unused funds. b. IEDC MPH will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC MPH acknowledges that it is a Subrecipient Sub-State Agency as the term is used in the State Board of Accounts manual. d. IEDC MPH will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC MPH for administration of the program. IEDCMPH’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC MPH as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC IFA from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXX agrees to return to SBA any unused funds. b. IEDC IFA will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC IFA acknowledges that it is a Subrecipient Agency as the term is used in the State Board of Accounts manual. d. IEDC IFA will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC IFA for administration of the program. IEDCIFA’s responsibilities to administer the Program include: • Provide communications and monthly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC IFA as necessary with the administration of the Program.

Obligation of the Parties. The parties agree to the following obligations under this MOU: a. SBA agrees to provide IEDC OCRA from the ARPA Act an amount not to exceed the amount listed in Section II(f), which may be amended from time to time. IEDC XXXX agrees to return to SBA any unused funds. b. IEDC OCRA will follow federal expenditure procedures as outlined in the State Board of Accounts manual. c. IEDC OCRA acknowledges that it is a Subrecipient Substate Agency as the term is used in the State Board of Accounts manual. d. IEDC OCRA will administer the Program in accordance with federal laws and guidance of the ARPA Act, U.S. Treasury guidance and policies, OMB and SBA policies and procedures, State Board of Accounts guidance on administration and tracking of federal COVID funds, and any policies or procedure implemented by IEDC OCRA for administration of the program. IEDCOCRA’s responsibilities to administer the Program include: • Provide communications and monthly quarterly reports to the Director of the OMB and the Director of SBA regarding the status of the Program, including a detailed breakdown of the expenditures reimbursed under the Program and an explanation of why those expenditures were necessary to respond to the COVID-19 public health emergency. • SBA will assist IEDC OCRA as necessary with the administration of the Program.