Maximum Grant Amount. The Federal Grant amount is the maximum amount of funding the Council will make available to the Subrecipient for the Project. The Council’s obligation under this Agreement will not exceed the lesser of: the Federal Grant amount identified on Page 1; or the actual Project Costs incurred during the Project Activity Period.
Appears in 3 contracts
Sources: Metropolitan Council Subrecipient Grant Agreement, Metropolitan Council Subrecipient Grant Agreement, Metropolitan Council Subrecipient Grant Agreement