Common use of Payment of Grant Funds and Method of Payment Clause in Contracts

Payment of Grant Funds and Method of Payment. A. The City of Los Angeles shall disburse to Subrecipient its allocated Grant amount of Five Hundred Sixty Three Thousand Five Hundred Dollars ($563,500.00) to be used for purchase of equipment, planning, exercises, organizational activities, and training as described in Section 202 above. The Grant Amount represents the amount allocated to Subrecipient in the FY 10 XXXX xxxxx award notice. The disbursement shall be on a reimbursement basis only. Subrecipient shall maintain procedures to minimize the time elapsing between the award of Grant Funds and the expenditure of funds to be reimbursed by such Grant Funds.

Payment of Grant Funds and Method of Payment. A. The City of Los Angeles shall disburse to Subrecipient its allocated Grant amount of Five Two Hundred Sixty Three Twenty-Nine Thousand Five Nine Hundred Eight Dollars ($563,500.00229,908.00) to be used for purchase of equipment, planning, exercises, organizational activities, and training as described in Section 202 above. The Such Grant Amount amount represents the amount allocated to Subrecipient in the FY 10 12 XXXX xxxxx award noticebudget as approved by the Grantor. The disbursement of such funds shall be made on a reimbursement basis only. Subrecipient shall maintain procedures to minimize the time elapsing between the award of Grant Funds and the expenditure of funds to be reimbursed by such Grant Funds.

Payment of Grant Funds and Method of Payment. A. The City of Los Angeles shall disburse to Subrecipient its allocated Grant amount of Five One Hundred Sixty Three Thousand Five Hundred Dollars ($563,500.00100,000.00) to be used for purchase of equipment, planning, exercises, organizational activities, and training as described in Section 202 above. The Such Grant Amount amount represents the amount allocated to Subrecipient in the FY 10 13 XXXX xxxxx award noticebudget as approved by the Grantor. The disbursement of such funds shall be made on a reimbursement basis only. Subrecipient shall maintain procedures to minimize the time elapsing between the award of Grant Funds and the expenditure of funds to be reimbursed by such Grant Funds.

Payment of Grant Funds and Method of Payment. A. The City of Los Angeles shall disburse to Subrecipient its allocated Grant amount of Five One Hundred Sixty Three Thirty-Two Thousand Five Hundred Dollars ($563,500.00132,000.00) to be used for purchase of equipment, planning, exercises, organizational activities, and training as described in Section 202 above. The Such Grant Amount amount represents the amount allocated to Subrecipient in the FY 10 12 XXXX xxxxx award noticebudget as approved by the Grantor. The disbursement of such funds shall be made on a reimbursement basis only. Subrecipient shall maintain procedures to minimize the time elapsing between the award of Grant Funds and the expenditure of funds to be reimbursed by such Grant Funds.

Payment of Grant Funds and Method of Payment. A. The City of Los Angeles shall disburse to Subrecipient its allocated Grant amount of Five Four Hundred Sixty Three Eight Thousand Five Hundred Dollars ($563,500.00$ 408,500) to be used for purchase of equipment, planning, exercises, organizational activities, and training as described in Section 202 above. The Such Grant Amount amount represents the amount allocated to Subrecipient in the FY 10 14 XXXX xxxxx award noticebudget as approved by the Grantor. The disbursement of such funds shall be made on a reimbursement basis only. Subrecipient shall maintain procedures to minimize the time elapsing between the award of Grant Funds and the expenditure of funds to be reimbursed by such Grant Funds.