ADMINISTRATION OF THE GRANT Sample Clauses
ADMINISTRATION OF THE GRANT. 3.01. The Implementing Entity shall be responsible for the administration of the Grant and shall carry out such administration with the same degree of care used in the administration of its own funds, taking into account the provisions of this Agreement.
3.02. The Implementing Entity shall carry out all its obligations under this Agreement in accordance with:
(i) the AF Operational Policies and Guidelines2 effective [MMYYYY]; and
(ii) its standard practices and procedures.
3.03. The Implementing entity:
(i) undertakes to use reasonable efforts, consistent with its standard practices and procedures, including those pertaining to combating financing for terrorists, to ensure that the Grant funds provided to the Implementing Entity by the Trustee are used for their intended purposes and are not diverted to terrorists; 2 ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇-▇▇▇▇.▇▇▇/documents-publications/operational-policies-guidelines/
(ii) shall not use the Grant funds for the purpose of any payment to persons or entities, or for the import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations, including under United Nations Security Council Resolution 1373 and related resolutions;
(iii) shall immediately inform the Board in the event the Grant funds are not being used or have not been used for the implementation of the Project or of any illegal or corrupt practice. The Implementing Entity consistent with its standard practices and procedures and integrity of the investigative process shall keep the Board informed of the progress of any formal investigation concerning the misuse of Grant funds and provide a final report to the Board on the findings of such investigation upon its conclusion; and
(iv) shall include provisions corresponding to subparagraphs (i) - (ii) above in any agreements that the Implementing Entity enters into with Consultants to which the Implementing Entity makes payments using Grant funds.
3.04. If, during the course of administering the Grant, the Implementing Entity identifies any material inconsistency between the AF Operational Policies and Guidelines and its own standard practices and procedures, (a) the [Implementing Entity] shall immediately notify the Board, through the Secretariat, of such inconsistency, and (b) the [Implementing Entity] and the Board shall discuss and promptly take any necessary or appropriate action to resolve such inconsistency.
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ADMINISTRATION OF THE GRANT. 3.01. The Implementing Entity shall be responsible for the administration of the Grant and shall carry out such administration with the same degree of care used in the administration of its own funds, taking into account the provisions of this Agreement.
3.02. The Implementing Entity shall carry out all its obligations under this Agreement in accordance with:
(i) the AF Operational Policies and Guidelines2, effective [MMYYYY]; and
(ii) the Implementing Entity’s standard practices and procedures.
ADMINISTRATION OF THE GRANT. 3.01. The Implementing Entity shall be responsible for the administration of the Grant and shall carry out such administration with the same degree of care used in the administration of its own funds, taking into account the provisions of this Agreement.
3.02. The Implementing Entity shall carry out all its obligations under this Agreement in accordance with:
(i) the AF Operational Policies and Guidelines; and
(ii) the Implementing Entity standard practices and procedures.
3.03. If, during the course of administering the Grant, the Implementing Entity identifies any material inconsistency between the AF Operational Policies and Guidelines and its own standard practices and procedures, the Implementing Entity shall: (a) immediately notify the Board, through the Secretariat, of such inconsistency, and (b) the Implementing Entity and the Board shall discuss and promptly take any necessary or appropriate action to resolve such inconsistency.
3.04. In the event that the Implementing Entity makes any disbursements of the Grant in a manner inconsistent with the AF Operational Policies and Guidelines, and these inconsistencies cannot be resolved as provided in paragraph 3.03, UNDP shall refund to the AF Trust Fund, through the Trustee, any such disbursements.
ADMINISTRATION OF THE GRANT. 3.01. The Implementing Entity shall be responsible for the administration of the Grant and shall carry out such administration with the same degree of care used in the administration of its own funds, taking into account the provisions of this Agreement.
3.02. The Implementing Entity shall carry out all its obligations under this Agreement in accordance with:
(i) the AF Operational Policies and Guidelines2 effective [MMYYYY]; and
(ii) the Implementing Entity’s standard practices and procedures.
3.03. The Implementing entity:
(i) undertakes to use reasonable efforts, consistent with its standard practices and procedures, including those pertaining to combating financing for terrorists, to ensure that the Grant funds provided to the Implementing Entity by the Trustee are used for their intended purposes and are not diverted to terrorists;
(ii) shall not use the Grant funds for the purpose of any payment to persons or entities, or for the import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations, including under United Nations Security Council Resolution 1373 and related resolutions;
ADMINISTRATION OF THE GRANT. The federal fiscal year is from October 1st to September 30th. All costs incurred under this agreement must be reported for each federal fiscal year no later than October 15th of the succeeding fiscal year. Costs not reported in a timely manner are subject to disallowance and may not be reimbursed to Grantee. The Grantee will not solicit competitive sealed bids until each request for price quotes; bid package (plans, specifications, estimates, invitation for sealed bids, etc.) is approved by the Alabama Historical Commission contact person for contract, financial and accounting compliance. Two or more responsible suppliers must be willing and able to compete effectively for the grantee's business. The Grantee will not solicit proposals for professional services until each request for proposals (RFP) is approved by the Alabama Historical Commission contact person for contract, financial and accounting compliance. Proposals are to be requested from a number of sources and may only be used if conditions are not appropriate for the use of competitive sealed bids. Two or more responsible professionals should be willing and able to compete effectively for the grantee's business. The grantee shall have its contractual agreements reviewed by the Alabama Historical Commission for compliance with this grant agreement. The Grantee will not award the contract or work until it has received approval from the Alabama Historical Commission contact person for contract, financial and accounting compliance. The Grantee’s in-state and out-of-state travel reimbursements are limited to the rates and amounts prescribed in the State of Alabama’s Comptroller Manual. The State Comptroller Manual can be viewed in its entirety at the following website: ▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇/Docs/FPPM%2010-2011.pdf
ADMINISTRATION OF THE GRANT. 1. The candidate, who have obtain a fellowships, will receive a grant to cover the following: Category A Category B Participation costs € 300/month € 300/month Living allowance € 2.800/month € 2.800/month Travel allowance - Installation € 7.500 € 3.000 Total grant (36 months) € 119.100 € 114.600
2. While the grant for installation and travel and living allowance will be transferred to a candidate’s European bank account, the participation costs will be paid by the European Commission directly to the Consortium. This means that € 10.800 (€ 300 x 36 months) will not be transferred to the candidate’s bank account but will instead be used to cover the monthly participation costs.
3. For the students without EACEA grant the participation costs will amount to 600 euro per semester.
ADMINISTRATION OF THE GRANT. The Administering Organisation must maintain reasonable, up-to-date and accurate records relating to the Grant and the Projects conducted with the Grant to verify its compliance with this Agreement. Records maintained under this clause must be retained by the Administering Organisation for each Project for a period of no less than seven years after whichever is the later of: the final payment of the Grant by the ARC for the Project; or the final approved carryover of the Grant for the Project.
ADMINISTRATION OF THE GRANT. Section 2.01. Subject to the terms and conditions set forth in this Grant Agreement, ADB agrees to make available to the Recipient on a grant basis, and administer, the grant provided by SIDA in the amount equivalent to thirteen million Dollars ($13,000,000) (“SIDA Grant”).
Section 2.02. Notwithstanding any other provision of this Grant Agreement, ADB is not obliged to make any disbursement from the Grant Account, except to the extent that ADB has received the SIDA Grant from SIDA.
ADMINISTRATION OF THE GRANT. 3.01. The Implementing Entity shall be responsible for the administration of the Grant and shall carry out such administration with the same degree of care used in the administration of its own funds, taking into account the provisions of this Agreement.
3.02. The Implementing Entity shall carry out all its obligations under this Agreement in accordance with:
(a) the AF Operational Policies and Guidelines effective [MMYYYY],2 Evaluation Policy,3 Policy on Project Post-Approval Request for Changes in Projects/Programmes,4 Implementation Fees and Execution Costs,5 Project Reporting Process Requirements,6 Requirements for Projects/Programmes with Unidentified Sub-Projects (USPs),7 and Risk Management Framework8; and
(b) the Implementing Entity’s Regulatory Framework. 2 Ibid.
ADMINISTRATION OF THE GRANT. Section 2.01. Subject to the terms and conditions set forth in this Grant Agreement, ADB agrees to make available to the Recipient on a grant basis, and administer, the grant provided by GEF in the amount equivalent to four million six hundred thousand dollars ($4,600,000) (“GEF Grant”).
Section 2.02. Notwithstanding any other provision of this Grant Agreement, ADB is not obliged to make any disbursement from the Grant Account, except to the extent that ADB has received the GEF Grant from GEF.