Common use of Funded Amount Clause in Contracts

Funded Amount. Sponsor will pay Institution to conduct this study, the amount of $_________. Fifty (50%) of personnel costs shall be paid by Sponsor to Institution upon execution of this Agreement plus 25% of the remaining budget. The balance of these funds will be paid in the following manner: (Complete as necessary) All payments will be made _______________________ (quarterly or monthly) and will be sent to: ▇▇▇▇▇▇ ▇▇▇▇▇ Collections Manager LSU Health Sciences Center – Accounting Services 433 Bolivar Street, Room 619 New Orleans, LA ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ phone (▇▇▇) ▇▇▇-▇▇▇▇ blackberry (▇▇▇) ▇▇▇-▇▇▇▇ fax ▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇