Examples of Encumbered Amount in a sentence
The Borrower may request the release of funds from the Encumbered Amount more than two times per year and/or on the various dates stipulated above with the Lender's prior written consent, which shall not be unreasonably withheld.
The Contractor is responsible for not billing in excess of the lesser of the Cost Limitation Amount or the presently Encumbered Amount, and for verifying the Encumbered Amount with the Contract Manager.
The Contractor will not be compensated or reimbursed for work performed, or expenses incurred, in excess of the lesser of the Cost Limitation Amount or the Encumbered Amount.
Budget Accounting Basics • Budget accounting is ONE sided – not balanced entries• Budgets are the plan, and can be used for control• All State spending is subject to budget control• General budget equation:Budgeted Amount – Expended Amount – Encumbered Amount = Available Budget 2.
The Subaward Agreement Amount on the Subaward Agreement’s Cover Page is hereby deleted and replaced with the Amended Subaward Agreement Amount (Current Total Encumbered Amount) shown on the Signature and Cover Page for this Amendment.