Fiscal Year 2021 Contract Amount Clause Samples

The "Fiscal Year 2021 Contract Amount" clause defines the total monetary value allocated to a contract for the fiscal year 2021. This clause specifies the maximum funds available for payment under the contract during that year, often detailing how and when these funds may be accessed or disbursed. By clearly stating the contract's financial limits for the specified fiscal year, it ensures budgetary control and prevents overspending, thereby providing financial clarity and accountability for both parties.
Fiscal Year 2021 Contract Amount. The total amount of HHSC's share of this Contract for fiscal year 2021 shall not exceed $1,801,469.00. LIDDA's share of this Contract for fiscal year 2021, the local match, is $87,744.54. The total value of this Contract for fiscal year 2021 shall not exceed $1,889,213.54.
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Related to Fiscal Year 2021 Contract Amount

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  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.