Examples of Incremental Funding in a sentence
Incremental Funding (if applicable refer to Attachment A - AVAILABILITY OF FUNDS) Additional funding for this award is contingent upon the availability of appropriated funds, satisfactory performance, and the recipient’s capacity to manage the award and comply with award requirements.
Each Funding Notice shall: (i) specify the desired amount of such Funding which amount must (a) in the case of the initial funding hereunder (the “Initial Funding”) be in a minimum amount of $1,000,000, and (b) in the case of any Incremental Funding, be in an amount equal to $1,000,000 or an integral multiple of $100,000 in excess thereof, (ii) specify the date of such Funding, and (iii) include a representation that all conditions precedent for a Funding described in Article III hereof have been met.