Participation Requirements. Each Library shall spend a minimum of $10,000 or 10% of its overall materials budget, whichever is less, on Cloud Resources during each fiscal year as set by that Party. Compliance with this section will not be required for any fiscal year during which a Party did not participate in this Agreement for the entire fiscal year. Compliance with this and other requirements will be determined by the Coordinating Committee on an annual basis, based on reports required by Article III.
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Samples: Interlocal Agreement, Interlocal Agreement, Interlocal Agreement