Subaward Maximum Amount definition

Subaward Maximum Amount means an amount equal to the total of Grant Funds for this Agreement. DD.“Subcontractor” means any third party engaged by Subrecipient to aid in performance of the Work.
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Subaward Maximum Amount means an amount equal to the total of Grant Funds for this Agreement. CC. “Subcontractor” means any third party engaged by Subrecipient to aid in performance of the Work.
Sample 1Sample 2Sample 3

Examples of Subaward Maximum Amount in a sentence

  • The State shall not pay Subrecipient any amount under this Agreement that exceeds the Subaward Maximum Amount shown on the Cover Page of this Agreement as “Federal Funds Maximum Amount”.

  • Additionally, if this Agreement is less than 60% completed, as determined by the State, the State may reimburse Subrecipient for a portion of actual out-of-pocket expenses, not otherwise reimbursed under this Agreement, incurred by Subrecipient which are directly attributable to the uncompleted portion of Subrecipient’s obligations, provided that the sum of any and all reimbursement shall not exceed the Subaward Maximum Amount payable to Subrecipient hereunder.

  • Subaward Maximum Amount Payments to Subrecipient are limited to the unpaid, obligated balance of the Grant Funds.

Related to Subaward Maximum Amount

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.