Common use of Grant Activities Clause in Contracts

Grant Activities. 3.1. Grant funds must be used solely for the purposes described in the Grant Application, a copy of which is attached hereto as Exhibit B, and incorporated herein by reference. Grantee acknowledges, represents and warrants that no Grant funds will be used for religious, lobbying, political activities or to support litigation. 3.2. Grant funds must be expended in accordance with the budget attached as Exhibit C. Grantee must obtain the prior approval of AccessLex to transfer more than 10% of the funds included any line item in such budget to any other line item(s); in no event will the total award amount be increased as a result of a shift in funds between budget line items. 3.3. Grantee shall submit narrative and financial reports (each, a “Report”) in accordance with the Disbursement and Reporting Schedule attached hereto as Exhibit A. Reports, which shall follow the reporting templates provided by AccessLex, shall describe the status of the project and the programs conducted by the Grantee and expenditures made with the Grant Funds. Reports shall also report on the Grantee’s compliance with the terms of this Agreement. AccessLex may discontinue funding if Reports fail to demonstrate compliance with the terms of the Grant, including, but not limited to, progress toward Grant deliverables. 3.4. Grantee shall provide additional Reports from time to time as AccessLex may request to monitor performance of Grantee’s obligations under this Agreement. 3.5. Grantee shall provide prompt notification of any development that might affect Grantee’s ability to carry out its obligations under this Agreement, including but not limited to, Grantee undergoing a merger, division, dissolution or other corporate reorganization; becoming subject to a proceeding under the Bankruptcy Code or other law relating to insolvency or making an assignment for the benefit of creditors; or becoming subject to an investigation or proceeding brought by any regulatory agency; or receiving notice of any litigation or other legal action relating to the Grant.

Grant Activities. 3.1. Grant funds must be used solely for the purposes described in the Grant Application, a copy of which is attached hereto as Exhibit B, and incorporated herein by reference. Grantee acknowledges, represents and warrants that no Grant funds will be used for religious, lobbying, political activities or to support litigation. 3.2. Grant funds must be expended in accordance with the budget attached as Exhibit Exhibit C. Grantee must obtain the prior approval of AccessLex to transfer more than 10% of the funds included any line item in such budget to any other line item(s); in no event will the total award amount be increased as a result of a shift in funds between budget line items. 3.3. Grantee shall submit narrative and financial reports (each, a “Report”) in accordance with the Disbursement and Reporting Schedule attached hereto as Exhibit A. Reports, which shall follow the reporting templates provided by AccessLex, shall describe the status of the project and the programs conducted by the Grantee and expenditures made with the Grant Funds. Reports shall also report on the Grantee’s compliance with the terms of this Agreement. AccessLex may discontinue funding if Reports fail to demonstrate compliance with the terms of the Grant, including, but not limited to, progress toward Grant deliverables. 3.4. Grantee shall provide additional Reports from time to time as AccessLex may request to monitor performance of Grantee’s obligations under this Agreement. 3.5. Grantee shall provide prompt notification of any development that might affect Grantee’s ability to carry out its obligations under this Agreement, including but not limited to, Grantee undergoing a merger, division, dissolution or other corporate reorganization; becoming subject to a proceeding under the Bankruptcy Code or other law relating to insolvency or making an assignment for the benefit of creditors; or becoming subject to an investigation or proceeding brought by any regulatory agency; or receiving notice of any litigation or other legal action relating to the Grant.