Common use of Program Inception / Duration Clause in Contracts

Program Inception / Duration. It is expected that the program will be available in a controlled rollout environment 3 weeks from Treasury’s approval of the program. The complete rollout of the program will occur approximately 4 weeks later, after the satisfactory assessment and adjustments as determined necessary in the controlled rollout. It is projected that assistance will be expended over a three year period of time. However, repayment of assistance may extend this time frame one or two additional years.

Program Inception / Duration. It is expected that the program will be available in a controlled rollout environment 3 weeks from Treasury’s approval of the program. The complete rollout of the program will occur approximately 4 weeks later, after the satisfactory assessment and adjustments as determined necessary in the controlled rollout. It is projected that assistance will be expended over a three year period of time. However, repayment of assistance may extend this time frame one or two additional yearsAll funds still available after 12/31/2017 will be returned to Treasury.