Rights of the Matching Fund Contributors -Election to Retain Rights Sample Clauses

Rights of the Matching Fund Contributors -Election to Retain Rights a. As stated in Exhibit C Paragraph 17, before any Match Fund contribution of funds, personnel and/or equipment, Facility Operator shall require each MFC to enter into a MFC Collaborative Agreement with Facility Contractor in which MFCs agree to comply with the applicable terms, conditions, and obligations of this Agreement pursuant to the Project Task in which the MFC will participate and provide Match Funds.
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Related to Rights of the Matching Fund Contributors -Election to Retain Rights

  • Matching Funds The Recipient shall, at a minimum, contribute not less than twenty-five percent (25%) of the total Cost of Project as set forth in Appendix D of this Agreement. The Matching Funds shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement. In the event that the total actual Project costs exceed the estimated Cost of Project identified in Appendix D, the OPWC shall not be required to increase the maximum amount of the grant provided herein and the Recipient shall increase its Matching Funds to meet such actual Cost of Project.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

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