Article 3.

Funding.
A.

All funds appropriated by the Nitijela for

services, functions and activities as set forth in Schedules
Al and A2 shall be released to the Contractor on a letter of
credit system on a quarterly basis in advance, except in those

cases where the allocation of Federal Funds to the Marshal]
Islands has been delayed, in which case the Government and the
Contractor shall determine a payment schedule of funds reflecting availability of such funds in the Marshall Islands
| General Fund.

The specific details of operation of the system

of release of funds hereunder shall be set forth in a separate
funding memorandum between the Contractor and the Ministry of
Finance of the Government, subject to agreement also by the
Ministry of Health Services, which memorandum shall be appended
to and become part of this agreement.
B.

The Contractor shall not incur any expenses in

excess of the amounts which the Government agrees to pay
without first obtaining the express approval of the Cabinet
through the Ministry of Health for such excess expenditure.
Should there be approval of such excess expenditure the Government shall reimburse the Contractor for such expenditures on
such terms as the Contractor and the Government may agree.
C.

The Contractor and the Government shall cooperate

to the maximum feasible extent with respect to obtaining and
management of continuing and new grants.

The parties expressly

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