Common use of Grantee Contribution Clause in Contracts

Grantee Contribution. (a) The Grantee is required to contribute sufficient funds to ensure that the Project as detailed in item 1 of Schedule 1 is completed in full and to the satisfaction of the Grantor. (b) The minimum owner’s contribution is fifty per cent of the total cost of the Project unless otherwise agreed prior in writing between the Grantor and the Grantee. (c) All payments will be reimbursed taking into account the expected Grantee contribution.

Appears in 1 contract

Sources: Grant Agreement

Grantee Contribution. (a) The Grantee is required to contribute sufficient funds to ensure that the Project as detailed in item 1 of Schedule 1 is completed in full and to the satisfaction of the Grantor. (b) The minimum owner’s Grantee contribution is fifty per cent 50% of the total cost of the Project unless otherwise agreed prior in writing agreement between the Grantor and the GranteeGrantee is reached. (c) All payments will be reimbursed taking into account the expected Grantee contribution.

Appears in 1 contract

Sources: Funding Agreement

Grantee Contribution. (a) The Grantee is required to contribute sufficient funds to ensure that the Project as detailed in item 1 of Schedule 1 is completed in full and to the satisfaction of the Grantor. (b) The minimum owner’s Grantee contribution is fifty per cent 50% of the total cost of the Project unless otherwise agreed prior in writing between the Grantor and the Grantee. (c) All payments will be reimbursed taking into account the expected Grantee contribution.

Appears in 1 contract

Sources: Funding Agreement