GRANT CLAIMS Sample Clauses

GRANT CLAIMS. 5.1 Amount of Grant payable (a) The total amount of Grant payable in respect of Eligible Capital Expenditure will be either the Capital Maximum Sum, or an amount calculated by applying the Capital Contribution Rate to the actual Eligible Capital Expenditure, whichever is the lower. (b) The total amount of Grant payable in respect of Eligible Revenue Expenditure will be either the Revenue Maximum Sum, or an amount calculated by applying the Revenue Contribution Rate to the actual Eligible Revenue Expenditure, whichever is the lower. (c) The total amount of ▇▇▇▇▇ paid to the Grant Recipient shall not exceed the Maximum Sum. (d) [The total amount of Grant payable in respect of Eligible Revenue Expenditure for the Less Developed Category of Region shall not exceed the Revenue Maximum Sum for the Less Developed Region]. (e) [The total amount of Grant payable in respect of Eligible Revenue Expenditure of the More Developed Region shall not exceed the Revenue Maximum Sum for the More Developed Region]. (f) [The total amount of Grant payable in respect of Eligible Revenue Expenditure for the Transition Category of Region shall not exceed the Revenue Maximum Sum for the Transition Region]. (g) [The total amount of Grant payable in respect of Eligible Capital Expenditure for the Less Developed Category of Region shall not exceed the Capital Maximum Sum for the Less Developed Region]. (h) [The total amount of Grant payable in respect of Eligible Capital Expenditure for the More Developed Region shall not exceed the Revenue Maximum Sum for the More Developed Region]. (i) [The total amount of Grant payable in respect of Eligible Capital Expenditure for the Transition Category of Region shall not exceed the Capital Maximum Sum for the Transition Region].

GRANT CLAIMS. 5.1 Amount of Grant payable (a) The total amount of Grant payable in respect of Eligible Youth Employment Initiative Expenditure will be either the Youth Employment Initiative Maximum Sum, or an amount calculated by applying the Youth Employment Initiative Contribution Rate to the actual Eligible Youth Employment Initiative Expenditure, whichever is the lower. (b) The total amount of Grant payable in respect of Eligible General European Social Fund Expenditure will be either the General European Social Fund Maximum Sum, or an amount calculated by applying the General European Social Fund Contribution Rate to the actual Eligible General European Social Fund Expenditure, whichever is the lower. (c) The total amount of Grant paid to the Grant Recipient shall not exceed the Maximum Sum.

GRANT CLAIMS. Amount of Grant payable

GRANT CLAIMS. 4.1 Amount of Grant payable; 4.1.1 The total amount of Grant payable is detailed in the Offer Letter as the Maximum Sum 4.1.2 The total amount of Grant paid to the Grant Recipient shall not exceed the Maximum Sum and the Grant shall be paid, for the period specified, in this Grant Funding Agreement and does not imply any commitment or agreement to any further funding.

GRANT CLAIMS. Before paying any Grant Claim, the Authority must be satisfied that You have provided a sufficient level of assurance to demonstrate that the Grant will be used for Eligible Expenditure. Payment of the Grant will be made within 30 days of the Authority approving Your Grant Claim.

GRANT CLAIMS. 5.1 Amount of Grant payable (a) The total amount of Grant payable in respect of Eligible Capital Expenditure will be either the Capital Maximum Sum, or an amount calculated by applying the Capital Contribution Rate to the actual Eligible Capital Expenditure, whichever is the lower. (b) The total amount of Grant payable in respect of Eligible Revenue Expenditure will be either the Revenue Maximum Sum, or an amount calculated by applying the Revenue Contribution Rate to the actual Eligible Revenue Expenditure, whichever is the lower. (c) The total amount of Grant paid to the Grant Recipient shall not exceed the Maximum Sum. (d) The total amount of Grant payable in respect of Eligible Revenue Expenditure of the More Developed Region shall not exceed the Revenue Maximum Sum for the More Developed Region.

GRANT CLAIMS. 4.1 The Recipient must claim only eligible expenditure as defined at Part 1 of Schedule 2. 4.2 The Recipient must submit ▇▇▇▇▇ claims at quarterly intervals in line with Instructions for Submitting Grant Claims at Part 2 of the Schedule 2. All relevant sections of the form must be completed, including the latest forecasts of the estimate cost and delivery timetable of the Project. 4.3 The Grant shall be claimed by the Recipient for the Project in accordance with the Budget and Funding Profile. 4.4 For the avoidance of doubt: (a) the amount of the Grant that the Recipient claims on any item of expenditure listed in the first column of the Budget and Spending Profile shall not exceed the corresponding total sum of money listed in the final column; (b) The amount of the Grant that the Recipient claims for each Gateway Stage shall not exceed the total amount of the Grant allocated to that Gateway Stage as set out in the Budget and Funding Profile; (c) The Recipient’s quarterly Grant claims shall not exceed the quarterly budget profile amounts set out within the Budget and Funding Profile without the prior written agreement of the Funder. 4.5 The Recipient shall not claim the Grant to: (a) make any payment to members of its Governing Body; (b) purchase buildings or land as part of the Project; (c) pay for any expenditure commitments of the Recipient entered into before the Commencement Date; (d) pay any Project costs in excess of the agreed budget as set out in the Budget and Funding Profile; (e) fund any changes to the scope of the Project; or (f) pay any maintenance liabilities, operating costs or other whole life costs of the Project following completion. unless this has been approved in writing by the Funder. 4.6 The Recipient may not claim any part of the Grant for the Project after the Grant Period save for any part of the Grant allocated to Part 1 compensation claims as follows: (a) The Recipient shall (at the time of submission of the final claim for ▇▇▇▇▇ in accordance with Part 2 of Schedule) notify the Funder of the estimated total cost 6 of the claims; (b) The Funder shall, following notification from the Recipient, retain ▇▇▇▇▇ equal to the notified estimate to cover part 1 compensation claims for a period of 6 years from the date the Project becomes operational and shall subject to the terms of this Agreement release it to the Recipient to meet any part 1 compensation claims made.

GRANT CLAIMS. Your Grant claim[s] must include the following: the information and evidence required for the relevant instalment in paragraph 4 of the Grant Funding Agreement; and accompanying that information and evidence, the appropriate assurance required by paragraph 8 of the Grant Funding Agreement.

GRANT CLAIMS. 11.1 The Applicant shall: (a) ensure that all claims for Grant submitted to the Council contain the information set out in Schedule 4 (Claim Form); and (b) not make any claim for Grant from the Council unless the Applicant is satisfied that all the conditions specified in clause 11.6 have been met in full. 11.2 Upon receipt of a claim for an instalment of Grant by the Applicant: (a) the Council shall review the Transaction List provided as part of the claim (pursuant to clause 11.6(a)(ii)) and shall request such evidence of defrayal, including, but not limited to, certified and dated copies of invoices, BACS report, receipts or proof of payment related to a number of entries detailed on the Transaction List (such number to be determined at the Council’s absolute discretion); and (b) once the Council has received the evidence requested pursuant to clause 11.2(a), it shall review the evidence and verify the accuracy of the evidence; and (c) the Council shall make a payment to the Applicant in respect of the claim within thirty (30) days of the Grant Claim Date provided it is satisfied as to this verification exercise. 11.3 Notwithstanding clause 11.2, the Applicant shall provide to the Council such invoices and evidence of defrayal as requested by the Council at its absolute discretion. 11.4 Subject to clause 11.5, the Council shall not pay any funding to the Applicant unless it is satisfied that the conditions specified in clause 11.6 have been met in full. The payment of any of the Grant shall not operate as a waiver of any of the conditions set out in clause 11.6, nor exclude or waive the Council's the exercise any of Its rights or remedies under this Agreement. 11.5 The Council may, in its absolute discretion, and on such terms as it may specify, agree to pay funding to the Applicant before the conditions in clause 11.6 have been met in full, but if the Council does so, this will not prejudice its rights to refuse to pay any further funding until those conditions are met or to exercise its rights to require repayment in accordance with the provisions of this Agreement of the whole or any part of the funding previously paid to the Applicant