Common use of Amount of Disbursement Clause in Contracts

Amount of Disbursement. Subject to compliance with the terms and conditions of this Agreement, the County shall disburse to the MSD the amount of Transportation Funds requested by the MSD in a Request for Disbursement for Reimbursable Project Costs, but in no event shall the County be required to disburse more than the Maximum Reimbursable Amount, in aggregate, over the Reimbursement Term. However, if the County determines that the MSD has not complied with all terms and conditions set forth in this Agreement or determines that the MSD’s Request for Disbursement is deficient in any respect, the County may, in its sole discretion, decline to make a disbursement, or may make a partial disbursement based on the extent to which the MSD has complied with the terms and conditions set forth in this Agreement. Notwithstanding the foregoing, the County will not reimburse the MSD for Reimbursable Project Costs to the extent such costs have been funded with non-MSD funds (e.g., other federal, state, or local grant funds).