Payment to the Government Sample Clauses

Payment to the Government. Not later than thirty (30) days after the Effective Date of this Agreement, CSV shall pay the Government $25,988,208.25, plus interest on that amount at a rate of 0.75 percent per year (“handshake interest”) starting thirty (30) calendar days from the Effective Date of this Agreement (the “Settlement Amount”) as follows:
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Payment to the Government. 1. In consideration of the concessions granted herein, the University hereby agrees—

Related to Payment to the Government

  • SUPPLANTING GOVERNMENT FUNDS CONTRACTOR shall not supplant any federal, State, or COUNTY funds intended for the purposes of this Agreement with any funds made available under this Agreement. CONTRACTOR shall not claim reimbursement from COUNTY for, or apply sums received from COUNTY with respect to, that portion of its obligations which have been paid by another source of revenue. CONTRACTOR agrees that it shall not use funds received pursuant to this Agreement, either directly or indirectly, as a contribution or compensation for purposes of obtaining federal, State, or COUNTY funds under any federal, State, or COUNTY program without prior written approval of ADMINISTRATOR.

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