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Agreement No. 4953(19-1141-9499) <br /> "Financial Assistance"has the same meaning as in 44 Iil.Admin.Cocie Part 7000. <br /> "Fixed-Rate"has the same meaning as in 44 III.Admin.Code Pa�t 7000. "Fixed-Rate"is in contrast to <br /> fee-for-service,44 III.Admin.Code Pa�t 7000. <br /> "GAAP"or°Generally Accepted Accounting Principles"has the same meaning as in 44 Iil.Admin.Code <br /> Part 7000. <br /> "Grant Funds"means the Financial Assistance made availabie to Grantee through this Agreement. <br /> "Indirect Costs"has the same meaning as in 44 ill.Admin.Code Part 7000. <br /> "Indirect Cost Rate'means a device for determining in a reasonable manner the proportion of indirect <br /> costs each Program should bear. It is a ratio{expressed as a percentage)of the Indirect Costs to a Direct <br /> Cost base. If reimbursement of Indirect Costs is allowable under an Award,Grantor will not reimburse those <br /> Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and <br /> period of time, unless Indirect Costs are reimbursed at a fixed rate. <br /> "Indirect Cost Rate Proposal"has the same meaning as in 44 III.Admin.Code Part 7000. <br /> "Net Revenue°means an entity's total revenue less its operating expenses,interest paid,depreciation, <br /> and taxes. "Net Revenuep is synonymous with"Profit.° <br /> "Nonprofit Organization"has the same meaning as in 44 III.Admin.Code Part 7000. <br /> "Notice of Award"has the same meaning as in 44 III.Admin.Code Part 7000. <br /> "OMB"has the same meaning as in 44 III.Admin.Code Part 7000. <br /> "Prior Approval"has the same meaning as in 44 III.Admin.Code Part 700D. <br /> "Profit"means an entity's fotal revenue less its operating expenses, interest paid,depreciation,and <br /> taxes. "Profit"is synonymous with"Net Revenue." <br /> "Program"means the services to be provided pursuant to this Agreement. <br /> "Program Costs"means al!Allowable Costs incurred by Grantee and the value of the contributions <br /> made by third parties in accomplishing the objectives of the Award during the Term of this Agreement. <br /> "Program Income"has the same meaning as in 44111.Admin.Code Part 7000. <br /> "Related Parties°has the meaning set forth in Financial Accounting Standards Board(FASB) <br /> Accounting Standards Codification(ASC)850-10-20. <br /> "SAM"means the federal System for Award Management(SAM);which is the Federal repository into <br /> which an entity must provide information required for the conduct of business as a recipient. 2 CFR 25 <br /> Appendix A(1)(C)(1). <br /> "State"means the State of II(inois. <br /> "7errn"has the meaning set forth in Paragraph 1.4. <br /> "Unallowable Costs"has the same meaning as in 44111.Admin.Code Part 7000. <br /> State of Illinois <br /> GRANT AGREEMENT(UGA)FISCAL YEAR 2019/2 14 18 <br /> Page 6 of 46 <br />