Common use of Grant Claim Procedures Clause in Contracts

Grant Claim Procedures. 9.1 Subject to a Firm Scheme having reached Practical Completion, the Lead Partner may apply to the Agency for the grant payable in respect of that Firm Scheme to be paid to it. The Lead Partner must make its application through IMS and in compliance with the procedures relating to grant claims and payments set out in the Capital Funding Guide. 9.2 In permitting the Lead Partner to submit an application pursuant to Condition 9.1 the Relevant Consortium Member is deemed to represent and warrant to the Agency that:12 9.2.1 the Firm Scheme has been procured, designed, constructed and delivered in accordance with the requirements of this Agreement; 9.2.2 the Firm Scheme has reached Practical Completion; 9.2.3 it is aware of the confirmations and certifications to be made by the Lead Partner on the Relevant Consortium Member's behalf (and has authorised the Lead Partner to make such confirmations and certifications) in IMS in relation to the Firm Scheme and such confirmation and certifications have been are or will be correct in all material respects; 9.2.4 it is a Registered Provider; 9.2.5 it has obtained all Consents necessary for the lawful development of the Firm Scheme to the Submitted Standard as are then required or to the extent that they are not obtained that it has taken all necessary steps to obtain them, is waiting only for the Relevant Authority to issue them and is not aware (having made all reasonable enquiries) of any reason why such Consents will not be given or issued; and 9.2.6 The Firm Scheme is covered by the terms of a current HomeBuy Agency Agreement (where applicable).

Grant Claim Procedures. 9.1 Subject to a Firm Scheme having reached Practical Completion, the Lead Partner may apply to the Agency for the grant payable in respect of that Firm Scheme to be paid to it. The Lead Partner must make its application through IMS and in compliance with the procedures relating to grant claims and payments set out in the Capital Funding Guide. 9.2 In permitting the Lead Partner to submit an application pursuant to Condition 9.1 the Relevant Consortium Member is deemed to represent and warrant to the Agency that:12that:‌ 9.2.1 the Firm Scheme has been procured, designed, constructed and delivered in accordance with the requirements of this Agreement; 9.2.2 the Firm Scheme has reached Practical Completion; 9.2.3 it is aware of the confirmations and certifications to be made by the Lead Partner on the Relevant Consortium Member's behalf (and has authorised the Lead Partner to make such confirmations and certifications) in IMS in relation to the Firm Scheme and such confirmation and certifications have been are or will be correct in all material respects; 9.2.4 it is a Registered Provider; 9.2.5 it has obtained all Consents necessary for the lawful development of the Firm Scheme to the Submitted Standard as are then required or to the extent that they are not obtained that it has taken all necessary steps to obtain them, is waiting only for the Relevant Authority to issue them and is not aware (having made all reasonable enquiries) of any reason why such Consents will not be given or issued; ; 9.2.6 where it did not possess a Secure Legal Interest in the Site at the point of submitting a Developable Scheme pursuant to Condition 6.1, it possesses a Secure Legal Interest in the Site, and 9.2.6 The 9.2.7 the Firm Scheme is covered by the terms of a current HomeBuy Agency Agreement (where applicable). 9.3 In submitting an application pursuant to Condition 9.1 on its own behalf the Lead Partner is deemed to represent and warrant to the Agency: 9.3.1 in the terms set out in Conditions 9.2.1, 9.2.2 and 9.2.4 to 9.2.6 (inclusive); and 9.3.2 that all confirmations and certifications made or to be made by it in IMS in relation to the Firm Scheme have been are or will be correct in all material respects. The amount of grant payable in respect of a Firm Scheme will be calculated in accordance with the following formula: FSG = (A x B) + (C x D) where: FSG is the Firm Scheme Grant payable in relation to the relevant Firm Scheme; A is the Agreed Payment Rate for a completed Affordable Rent Dwelling (including a Social Rent Dwelling); C is the Agreed Payment Rate for a completed Affordable Home Ownership Dwelling; D is the number of completed Affordable Home Ownership Dwellings within the Firm Scheme.

Grant Claim Procedures. 9.1 Subject to a Firm Scheme having reached Practical Completionthe Start on Site Date, the Lead Partner Grant Recipient may apply to the Agency for the grant Interim Tranche Grant payable in respect of that Firm Scheme to be paid to it. The Lead Partner Grant Recipient must make its application through IMS and in compliance accordance with the procedures relating requirements of IMS from time to grant claims and payments set out in the Capital Funding Guidetime. 9.2 In permitting the Lead Partner to submit submitting an application pursuant to Condition 9.1 the Relevant Consortium Member Grant Recipient is deemed to : 9.2.1 repeat the representations and warranties set out in Conditions 6.1; 9.2.2 represent and warrant to the Agency that the Start on Site Date has been reached and that such date is no later than that submitted therefor in IMS; 9.2.3 represent and warrant to the Agency that all confirmations and certifications made or to be made by the Grant Recipient in IMS in relation to the Firm Scheme have been are or will be correct in all material respects; and 9.2.4 represent and warrant to the Agency that the Grant Recipient is a Registered Provider and retains its status as an Investment Partner. 9.3 Subject to a Firm Scheme having reached Practical Completion, the Grant Recipient may apply to the Agency for the Final Tranche Grant payable in respect of that Firm Scheme to be paid to it. The Grant Recipient must make its application through IMS and in accordance with the requirements of IMS from time to time. 9.4 In submitting an application pursuant to Condition 9.3 the Grant Recipient is deemed to represent and warrant to the Agency that:12that: 9. 9.2.1 4.1 the Firm Scheme has been procured, designed, constructed and delivered in accordance with the requirements of this Agreement; 9.2.2 the Firm Scheme has reached Practical Completion; 9.2.3 it is aware of the confirmations and certifications to be made by the Lead Partner on the Relevant Consortium Member's behalf (and has authorised the Lead Partner to make such confirmations and certifications) in IMS in relation to the Firm Scheme and such confirmation and certifications have been are or will be correct in all material respects; 9.2.4 it is a Registered Provider; 9.2.5 it has obtained all Consents necessary for the lawful development of the Firm Scheme to the Submitted Standard as are then required or to the extent that they are not obtained that it has taken all necessary steps to obtain them, is waiting only for the Relevant Authority to issue them and is not aware (having made all reasonable enquiries) of any reason why such Consents will not be given or issued; and 9.2.6 The Firm Scheme is covered by the terms of a current HomeBuy Agency Agreement (where applicable).