The Budget Sample Clauses

The Budget clause defines the total financial resources allocated for a particular project or contract. It typically outlines the maximum amount that can be spent, specifies categories of allowable expenses, and may require approval for any changes to the budgeted amounts. This clause ensures that both parties have a clear understanding of financial limits and responsibilities, helping to prevent overspending and disputes over costs.
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The Budget. The Communication Protocol.
The Budget. The Master Schedule, if any;
The Budget. The approved project budget in the grant framework constitutes the financial basis for the agreement and project activities. The budget is prepared in DKK and specifies expenses related to the responsible and partner institutions and the researchers involved. Thus, the undersigned parties confirm that they are aware what the project agreement entails for them and their institutions in monetary and activity terms. The budget includes the following budget lines: Salaries and emoluments; Educational grants; Expenses for trips abroad; Research equipment and materials; Publication, dissemination and outreach; Administration fee responsible institution; Administration fee partner institution; Cost for stays in Denmark administered by DFC (DFC expenses); Audit.
The Budget. TFC’s Project schedule.
The Budget. 1. The Budget of the Mechanism shall be prepared by the Technical Unit and presented to the Ministerial Council for approval after examination and recommendation by the Forum. 2. The Budget shall be so prepared as to ensure financing of the Work Programme of the Technical Unit. 3. The Budget shall be approved by consensus, failing which it shall be approved by a qualified majority of three-quarters (¾) of the Members of the Mechanism. 4. The regular Budget shall comprise: (a) annual contributions from Member States and Associate Members; (b) contributions from co-operating partners or other contributors; (c) grant funds received from regional and international donor agencies; (d) funds paid by donor agencies to the Mechanism for project execution services provided by the Mechanism with respect to projects financed by the donor agencies; (e) earnings above cost for special services provided by the Mechanism to commercial operators in the fishing industry and to other bodies; (f) income derived from the sale or the licensing of intellectual property created and owned by the Mechanism; (g) any other source of funding.
The Budget. The revenue of the budget shall be derived from the contributions of Member States in such proportions as may be determined by the Council from time to time and from such other sources as may be available to the Council.
The Budget. 1. The budget of the KAZA TFCA shall be funded by financial contributions made by Partner States, and such other sources as may be determined by the Committee of Senior Officials. 2. Partner States shall contribute to the budget of the KAZA TFCA based upon a formula agreed upon by the Committee of Senior Officials.
The Budget. The application requires detailed information about the project costs and the sources of funds that will be used in completing the project. The budget will be closely examined by staff and the Advisory Committee. Contingencies are not allowed by HUD and should not be shown as line items in the budget. While incorporating a contingency into the budget is wise, as from application to award time is a year, this line item needs to be assigned to the city/county/non- profit’s budget. The budget will also be examined for "Resource Leveraging" during the rating of the application to determine the percentages of cash and in-kind that is being contributed. The budget and the applicant's response to the question on efforts to obtain alternative funding will be examined in rating the potential project. Definitions for resource leveraging terms of cash, in-kind, volunteer, and effort are as follows: • Attach evidence of ownership. Previous CDBG funding for this project or other projects will not be considered. Where applicable, projects and applicants will also be evaluated on the initiatives that were taken in the past to address the current problem. For example, if a water quality problem was identified five years ago, and the community has taken initial steps to address the problem by acquiring a new well site or funding a feasibility study three years ago, this will be taken into consideration in the rating of effort.
The Budget. The IFSB shall have an annual budget which shall be prepared by the Secretariat and approved by the Council. The budget shall comprise membership fees, grants, contributions, donations and other funds received by the IFSB. When preparing the budget the Secretariat shall take into account the financial position of IFSB.
The Budget. See Exhibit B, attached hereto and made a part hereof. The Parties may agree, in writing, to a revision of the Budget or a reallocation of funds between categories within the Budget without the need to amend this Agreement; provided however, that in no case shall any such revisions or reallocations result in exceeding the total amount of the Grant Funds available under the Agreement. If applicable, all other sources of funding/financing of the project, if any, must be firmly committed to the project before the CDBG funds will become available and supporting documentation for the full project funding must be submitted within (12) twelve months of the execution of this agreement.
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