Examples of Funding Commitment in a sentence
The Company reserves the right to require the Customer to seek SLD reimbursement (instead of receiving discounted Company bills) if the Customer has not received its Funding Commitment Decision Letter from the SLD by December 31 of the funding year.
Upon notification, the Company will apply discounts to the Customer’s invoices or reimburse the Customer according to the Funding Commitment Decision Letter.
The Customer will notify the Company in writing within 30 days of its receipt of a Funding Commitment Decision Letter from the SLD along with a copy of the notice and other relevant documentation as requested by the Company.
The vendor commits to honor pricing and scope of work (some part substitutions might be required over time) for up to 18 months while awaiting a Funding Commitment Decision Letter.
The library has the right, but not the obligation to request service to begin prior to Funding Commitment Decision Letter and approval of funding from SLD.