Cost Sharing Agreements Clause Samples
A Cost Sharing Agreement clause defines how two or more parties will divide and pay for specific expenses related to a shared project or activity. Typically, this clause outlines the types of costs covered, the method for calculating each party’s share, and the process for reimbursement or direct payment. By clearly allocating financial responsibilities, the clause helps prevent disputes over payments and ensures that all parties understand their obligations, thereby promoting fairness and transparency in collaborative arrangements.
Cost Sharing Agreements. An agreement shall be entered into between the Corporation and each respective Member, uniform in all material respects, except with regard to the scope of Member services and Project Contracts that each Member selects to participate in and pay for, to ensure that the costs, expenses, debts, and liabilities (“Costs”) directly or indirectly incurred by the Corporation on such Member’s behalf are recovered through said Member’s CPA revenues, or from revenues from grants or other third-party sources. Such Costs shall be classified as:
Cost Sharing Agreements. An agreement shall be entered into between the Corporation and each respective Member, uniform in all material respects, except with regard to the scope of Member services and Project Contracts that each Member selects to participate in and pay for, to ensure that the costs, expenses, debts, and liabilities (“Costs”) directly or indirectly incurred by the Corporation on such Member’s behalf are recovered through said Member’s CPA revenues, or from revenues from grants or other third-party sources. Such Costs shall be classified as:
(a) CPA Member Services Costs: Costs incurred to provide the Complete Service Bundle, or such services that CPCNH offers, shall be recovered directly from Member(s) for the period they contract to receive such service(s). The Complete Service Bundle will include those services CPAs will require to undertake and provide Electric Aggregation Plans and Programs, such as: power supply procurement and management, data and billing, and customer service;
Cost Sharing Agreements. (1) For non-cash flow managed projects, prior to requesting permission from the TF to proceed with construction of the project, the project sponsors shall negotiate and execute the necessary cost sharing agreement using their own internal procedures. For cash flow managed projects, a cost sharing agreement will be negotiated and executed as soon as possible after Phase 1 approved by the TF.
(2) Cost sharing agreement processing is as follows:
(a) Federal sponsor, if applicable, forwards draft cost sharing agreement to the local sponsor. For cooperative agreements, the local sponsor will initiate the agreement.
(b) After review and negotiations, the local sponsor, upon approval by the State of Louisiana CPRA Board, signs the cost sharing agreement and forward document(s) to the federal sponsor. The federal sponsor signs and executes the document(s) and forward copies to the local sponsor and forwards a copy to the Corps of Engineers, New Orleans District, ATTN: CEMVN-PM-BC, for TF records and to aid in managing funds disbursement.
Cost Sharing Agreements. Portions of the SR-905/SR-125/SR-11 Interchange have previously been considered during the development of SR-905 and SR-125. Costs of delivering several of the freeway connector ramps are covered by the Toll Road/SR-905 Interchange Cost Sharing Agreement by and between San Diego Expressway Limited Partnership and State of California, Department of Transportation regarding State Route 125 South Toll Road. This cost sharing agreement was effective May 22, 2003 and included the following connector ramps: Southbound SR-125 to eastbound SR-905 (“S” Line per the agreement) Westbound SR-905 to northbound SR-125 (“N” Line per the agreement) Eastbound SR-905 to northbound SR-125 (“EN” Line per the agreement) Westbound access to northbound SR-125 from ▇▇▇▇▇▇ ▇▇▇▇▇ Drive (“WN” Line per the agreement) On December 21, 2011, SANDAG acquired SR-125. The current cost sharing agreement is being updated to reflect SANDAG as the new operator of SR-125. Maintenance Agreements, as well as any other necessary agreements, will be prepared and executed as required by the project.
Cost Sharing Agreements. In the event the affiliate service provider is receiving services from a provider that is also an affiliate with such services to be passed through to the insurer, the agreement between the affiliate and the affiliate service provider shall be provided for review pursuant to G.S. 58-19-30. The agreement shall specify that any agreements for any services from affiliates obtained pursuant to the cost share and passed through to the insurer will be filed with the Commissioner for review and approval.
Cost Sharing Agreements. An agreement shall be entered into between the Corporation and each respective Member, uniform in all material respects, except with regard to the scope of Member services and Project Contracts that each Member selects to participate in and pay for, to ensure that the costs, expenses, debts, and liabilities (“costs”) directly or indirectly incurred by the Corporation on such Member’s behalf are recovered through said Member’s CPA revenues, or from revenues from grants or other third-party sources. Such costs shall be classified as:
(a) CPA Member Services Costs: costs incurred to provide the Complete Service Bundle, or such services that CPCNH offers, shall be recovered directly from Member(s) for the period they contract to receive such service(s). The Complete Service Bundle will include those services CPAs will require to undertake and provide Electric Aggregation Plans and Programs, such as: power supply procurement and management, data and billing, and customer service;
(b) General and Administrative Costs: costs described in Article V, Section 4 are incurred for the common objectives of all Members of the Corporation, and are not incurred specifically in
(c) Direct Project Costs: costs incurred for a particular Project for designated Member(s) or costs incurred pursuant to a Project Contract shall be recovered directly from the Member(s) that participate in a particular Project or pursuant to the Project Contract that governs Member cost responsibility for the Project.
Cost Sharing Agreements. As of the First Closing, Seller shall have duly executed the cost sharing agreements required under this Agreement to be recorded concurrently therewith.
Cost Sharing Agreements shall be negotiated and developed by SUBRECIPIENT with all partners co-located at each Comprehensive One-Stop Center. The Cost Sharing Agreements shall apply to all expenses benefiting the One-Stop System and its partners that cannot be directly applied to each partner separately. Expenses may include, but not be limited to: rent/space, staff (common receptionist), utilities, equipment and supplies. SUBRECIPIENT shall ensure that the shared costs are supported by accurate and current data. The shared cost shall be consistently applied over the term of the cost sharing agreement. Charges to the WIOA programs shall reflect a fair portion of the benefits received, and the methodology used in determining the allocation of the shared cost is reflective of its written Cost Sharing Agreement. In the case that a partner is unable to pay cash for its fair share, SUBRECIPIENT shall negotiate with the partner to provide in-kind services to benefit the One-Stop System and document the value of the services provided. Cost Sharing Agreements shall identify: SUBRECIPIENT shall obtain signatures of partners with dates including their name, title, and organization indicating their concurrence with the Cost Sharing Agreement. SUBRECIPIENT shall be responsible to secure cash paying partners, exclusive of EDD, to help cover the cost of each Comprehensive Center.
Cost Sharing Agreements. To Seller’s Knowledge, there exist no unrecorded cost-sharing agreements burdening either Seller or the Property that will survive the Closing (other than the Cross-Easement Agreement as amended by the Cross-Easement Amendment). If, before the expiration of the Evaluation Period, Seller acquires Knowledge of any fact or condition which constitutes a material change in any of the representations and warranties set forth in Section 8.1, Seller shall (a) promptly notify Purchaser in writing of such fact or condition, and (b) have the right to cure such fact or condition before the Closing, and the existence of such fact or condition shall not be a ground for Purchaser terminating this Agreement, provided that (i) Seller, promptly, after discovering the fact or condition, assures Purchaser in writing that Seller is capable of curing, and intends to cure, such fact or condition prior to the Closing and (ii) Seller acts diligently to cure the fact or condition and completes such cure prior to the Scheduled Closing Date. Subject to Seller’s right to cure as set forth in the preceding sentence, provided a material change in any representation or warranty is not the result of the willful breach of this Agreement by Seller and does not relate to a Strict Representation, Purchaser’s exclusive remedy upon being advised of any material change in the representations and warranties shall be the termination of this Agreement. If Purchaser desires to terminate this Agreement due to a material change in any representation or warranty, Purchaser shall notify Seller within five (5) Business Days after receipt of a notice from Seller advising of any such change, whereupon, the ▇▇▇▇▇▇▇ Money Deposit shall be returned to Purchaser and, except as expressly provided herein, this Agreement and all rights and obligations of the respective parties hereunder shall be null and void. For the avoidance of doubt, Purchaser shall have no right to terminate this Agreement on account of (and Seller shall have no liability in connection with) any change in a representation or warranty occurring after the expiration of the Evaluation Period, unless the change relates to a Strict Representation or is caused by a willful breach of this Agreement by Seller.