Common use of Grants to Recipients Clause in Contracts

Grants to Recipients. 3.1. The Trustee may, as administrator of the CADF and in accordance with the Instrument and any additional documents related thereto, enter into grant agreements (the “Grant Agreements”) with one or more entities (the “Recipients”) for the provision of CADF Funds. 3.2. The Trustee shall be solely responsible for the supervision of activities financed under the Grant Agreements.

Appears in 2 contracts

Sources: Buyer Participation Agreement, Trust Fund Administration Agreement