PAYMENTS TO UNIVERSITY. A. In accord with paragraph II, D. 2 of the plan, the parties recognize that Foundation must reimburse University for actual expenses incurred by it which are attendant to the production of clinical income.
PAYMENTS TO UNIVERSITY. A. For performance of work hereunder, COUNTY shall pay UNIVERSITY expenses, direct and indirect costs. Direct costs shall mean costs associated with performing the activities provided in the Scope of Work (as described in Exhibits A-G). Indirect costs shall mean overhead costs which shall be 26% modified total direct costs. In no event shall the totality of all costs exceed Three Hundred and Twenty Thousand Dollars ($320,000) per AGREEMENT AGREEMENT.
PAYMENTS TO UNIVERSITY. In consideration of the license and grant of rights from the University given to the Bank and more particularly described in the balance of this Agreement, Bank will make payments to the University as follows:
PAYMENTS TO UNIVERSITY. The County will make a payment to the UNIVERSITY of two hundred and fifty thousand dollars ($250,000) in years one and two of the AGREEMENT and three hundred thousand dollars ($300,000) in described in Section 23 below (Limitation of Obligation Due to Non-Appropriation of Funds). years three, four and five of the AGREEMENT, starting on July 1, 2022, subject to the limitations
PAYMENTS TO UNIVERSITY. In consideration of the performance of the Research Project, Sponsor shall make periodic advance payments to University in the amounts listed on Exhibit B ("Sponsor Contributions"). Payments should be made in the name of "University of Southampton" and sent to Mr. Franx Xxxxxxxx, Xxiversity Medicine, Southampton General Hospital, Centxx Xxxxx, Xxxxxxx Xxxx, Xxxxxxxxxxx X000 0XX (Xxl: 44 1000 000000, Xxx: 44 1000 000000). Xf this Agreement is terminated prior to the expiration of the Term for any reason
PAYMENTS TO UNIVERSITY. In consideration of the performance of the Research Project, Sponsor shall make periodic advance payments to University in the amounts listed on Exhibit B (“Sponsor Contributions”). Payments should be made in the name of “University of Massachusetts” and sent to Controller’s Office, 408 Xxxxxxx Building, University of Massachusetts, Amherst, Massachusetts. If this Agreement is terminated prior to its expiration for any reason other than a material breach by University (as described in Section 6.3.), then on the effective date of such termination, Sponsor shall pay University the entire amount of any uncancellable financial commitments that University intended to pay through Sponsor Contributions, including without limitation (i) salaries for appointed employees for the remainder of their term of appointment (e.g., postdoctoral fellows) and stipends for graduate students and (ii) University expenses previously incurred for equipment, travel, and associated indirect costs. Upon the request of Sponsor made within thirty (30) days after the expiration or termination of this Agreement, University shall furnish Sponsor with a final accounting of all expenses incurred in connection with the Research Project and all funds received from Sponsor pursuant to this Section 3.2., together with a check payable to Sponsor in the amount of any unexpended and uncommitted funds, failing which University shall retain any unexpended funds.
