Subsequent Disbursements of Allocated Funds. Except as provided in paragraphs 2 and 3 herein, Treasury will disburse to the Participating State each successive one-third of the Allocation Funds after the Participating State certifies to Treasury that it has expended, transferred, or obligated 80 percent of the last transferred one-third for federal contributions to, or for the account of, the Approved State Program. The Participating State certification shall be in the form attached hereto as Exhibit 2-1.
Appears in 4 contracts
Samples: Allocation Agreement, State Small Business Credit Initiative Allocation Agreement, State Small Business Credit Initiative Allocation Agreement
