Funds Obligated definition

Funds Obligated is equivalent to 15% of the total allocation for this award. DOE will evaluate project performance, project schedule adherence, the extent milestone objectives are met, compliance with reporting requirements, and overall contribution to the program goals and objectives. Additional funding will be released at the following negotiation and project milestones: • 35% of the total allocation - Upon DOE approval of the Grantee Plan that identifies the quarterly milestones over the 5-year period of performance. (due October 1, 2022) • Balance of total allocation (50%) is based on the Grantee demonstrating progress in meeting expenditures goals, production targets and reporting requirement compliance. Demonstrated progress is defined as:
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Funds Obligated. Authority: 10 U.S.C. §2371b Effective Date: DD MMM YYYY FOR (INSERT COMPANY NAME) FOR THE UNITED STATES OF AMERICA (Signature) (Signature) (Name, Title) (Date) (Name, Title) (Date) This Agreement is entered into between the United States of America, represented by The Department of the Air Force Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) Center of Excellence, hereinafter called the Government and (INSERT COMPANY NAME), hereinafter called the Performer, pursuant to (INSERT DOCUMENT INFO). Pursuant to 10 U.S.C. §2371(b) the following constitutes a Firm Fixed Price (FFP) agreement between the United States Air Force and [INSERT CONTRACTOR NAME] for (INSERT RESEARCH AND DEVELOPMENT TITLE) under the SBIR Phase II “RAPID” Solicitation, Topic #XXX-XXX. ACCOUNTING AND APPROPRIATION DATA ACRN AA: ▇▇▇: CSN: PR:. ALD: FSR: PSR: DSR: CIN: AMOUNT: DESCRIPTION: TABLE OF CONTENTS ARTICLE I Scope of the Agreement ARTICLE II Term of Agreement and Termination ARTICLE III Management, Administration and Modifications ARTICLE IV Obligation and Payment ARTICLE V Disputes ARTICLE VI Patent Rights ARTICLE VII Data Rights ARTICLE VIII Foreign Access to Technology ARTICLE IX Title to and Disposition of Property ARTICLE X Statutory Authority ARTICLE XI Public Release or Dissemination of Information ARTICLE XII Order of Precedence ARTICLE XIII Execution
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Examples of Funds Obligated in a sentence

  • PROJECT SPONSOR shall commit to the timing of ALAMEDA CTC ADMINISTERED FUNDS as described in Appendix B: Alameda CTC Administered Funds Obligated by this Agreement.

  • Request for Reimbursements submitted after the Agreement Expiration Date identified in Appendix B: Alameda CTC Administered Funds Obligated by this AGREEMENT will be ineligible for reimbursement by ALAMEDA CTC unless an exception is requested by the PROJECT SPONSOR no less than sixty (60) days before the Agreement Expiration Date, and the exception is approved by ALAMEDA CTC.

  • Project Costs $ - Salary and Fringes $ - 0% Contractual $ - 0% Supplies $ - 0% Equipment $ - 0% Utilities $ - 0% Travel $ - 0% Other $ - 0% Total Expenditures $ - $ - $ - 0% Funds Obligated: (By Funding Agreement) $ - Balance $ - $ - 100% B.

  • Divide the "Federal Funds Obligated" by the "Total Limitation Amount" (found in FMIS under Limitation Data tab) 5 Advanced Construction – Percent of Advanced Construction authorized as compared to annual apportionment.

  • Funds expended for work directly related to the phases of the PROJECT covered by this AGREEMENT prior to the applicable allowable start date identified in Appendix B: Alameda CTC Administered Funds Obligated by this Agreement will not be considered for reimbursement pursuant to this AGREEMENT.

  • Total Amount of Federal Funds Obligated by the Action: $ N/A 14.231 N/A 03/14/2019 $584,187 $ TOTAL: $584,187 G.

  • EXHIBIT E REQUEST FOR PAYMENT Funds Obligated: (By Funding Agreement) Balance B.

  • Total Amount of Federal Funds Obligated to the Subrecipient: $300,000 H.

  • Total Amount of Federal Funds Obligated to the Subrecipient: $1,312.00 H.

  • Only the amount indicated under the "Funds Obligated" line on page 1 of this Agreement and in any subsequent modifications is available for payment and allotted to this award.

Related to Funds Obligated

  • L/C Obligation means, as at any date of determination, the aggregate maximum amount then available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts in respect of Letters of Credit, including all L/C Borrowings.

  • Net Obligation means the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under Tariff, Parts II and III , and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation.

  • Legal financial obligation means a sum of money that is

  • Obligation means any principal, interest, penalties, fees, indemnification, reimbursements, costs, expenses, damages and other liabilities payable under the documentation governing any Indebtedness.

  • Permitted Lock-Up Agreement means an agreement (the “Lock-up Agreement”) between a Person and one or more holders of Voting Shares (each holder referred to herein as a “Locked-up Person”), the terms of which are publicly disclosed and a copy of which is made available to the public, including the Corporation, pursuant to which such holders agree to deposit or tender Voting Shares to a Take-over Bid (the “Lock-up Bid”) made by the Person or any of such Person’s Affiliates or Associates or any other Person referred to in clause (iii) of the definition of Beneficial Owner, whether such Lock-up Bid is made before or after the Lock-up Agreement is signed, provided that: (i) the Lock-up Agreement permits the Locked-up Person to terminate its agreement to deposit or tender to or to not withdraw Voting Shares from the Lock-up Bid in the event a “Superior Offer” is made to the Locked-up Person. For purposes of this subsection, a “Superior Offer” is any Take-over Bid, amalgamation, arrangement or similar transaction pursuant to which the cash equivalent value of the consideration per share to be received by holders of the Voting Shares under such transaction (the “Superior Offer Consideration”) is greater than the cash equivalent value per share to be received by holders of Voting Shares under the Lock-up Bid (the “Lock-up Bid Consideration”). Notwithstanding the foregoing, the Lock-up Agreement may require that the Superior Offer Consideration must exceed the Lock-up Bid Consideration by a specified percentage before such termination rights take effect, provided such specified percentage is not greater than 7%. For greater clarity, the Lock-up Agreement may contain a right of first refusal or require a period of delay to give the Person who made the Lock-up Bid an opportunity to match a higher price in another Take-over Bid or transaction or similar limitation on the Locked-up Person’s right to withdraw Voting Shares from the agreement, so long as the limitation does not preclude the exercise by the Locked-up Person of the right to withdraw Voting Shares during the period of the other Take-over Bid or transaction; and (ii) no “break-up” fees, “top-up” fees, penalties, expenses, or other amounts that exceed, in the aggregate, the greater of: