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REIMBURSEMENT CONDITIONS: <br />Subject to the funding limitations of this Agreement, the Division shall reimburse the Sub -Recipient on a <br />quarterly basis for the documented costs incurred during the successful completion of the task(s) required <br />bythis Agreement. However, the following limitations shall apply: <br />m In any quarter, the Division shall not reimburse the Sub -Recipient for anamount that exceed <br />4O96ofthe overall amount authorized bvthis Agreement; and, <br />* The cumulative amount of reimbursement for quarters 1, 2, and 3 shall not exceed 85% of the <br />overall amount authorized bythis Agreement. <br />Ifextraordinary circumstances exist, then the Sub -Recipient can request permission from the Division to <br />exceed the 406cap for aparticular quarter. However, under nocircumstances shall the cumulative <br />reimbursement amount for quarters 1, 2, and 3 exceed 85% of the overall amount authorized by this <br />Agreement. <br />FINANCIAL CONSEQUENCES: <br />Failure to successfully complete each of the required tasks, as demonstrated by the failure bosatisfy the <br />applicable deliverables, shall result inthe following penalty: <br />* A10% reduction ofthe overall amount authorized bythis Agreement. <br />The Diviskznshall applyth penalty each quarter during which the Sub -Recipient fails hosuccessfully <br />complete each ofthe required tasks. During this Agreement, uptofour penalties may beimposed; and, <br />each penalty shall beapplied cumulatively. <br />If, because ofcircumstances beyond the Su control, the Sub -Recipient isunable tn <br />successfully perform a task required by this Agreement, then the Sub -Recipient shall notify the Division <br />immediately. If the Division agrees that the inability bm perform was directly due to circumstances beyond <br />the control of the Sub -Recipient, then the Division will consider waiving the imposition of a financial <br />consequence. <br />37 <br />