Common use of PAYMENTS TO GRANTEE Clause in Contracts

PAYMENTS TO GRANTEE. The State shall, in accordance with the provisions of this §7, pay Grantee in the following amounts and using the methods set forth below: Maximum Amount The maximum amount payable under this Grant to Grantee by the State is Insert Max $ Amount, as determined by the State from available funds. ▇▇▇▇▇▇▇ agrees to provide any additional funds required for the successful completion of the Work. Payments to Grantee are limited to the unpaid obligated balance of the Grant as set forth in Exhibit Insert letter of applicable Exhibit (A, B, C, etc). The maximum amount payable by the State to Grantee during each State fiscal year of this Grant shall be:   in FY    in FY    in FY    in FY    in FY    in FY  Payment