Common use of Merging Entities Clause in Contracts

Merging Entities. If GRANTEE merges with an organization that is currently receiving VCLG grant funds for the same purpose, directly from the OAG, and the merger is completed during the current the Contract term, the standing organization may seek reimbursement for the remaining OAG funding of the dissolving organization in addition to the standing organization’s current funding.

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement

Merging Entities. If GRANTEE merges with an organization that is currently receiving VCLG grant funds for the same purpose, directly from the OAG, and the merger is completed during the current the Contract contract term, the standing organization may seek reimbursement for the remaining OAG funding of the dissolving organization in addition to the standing organization’s current funding.the

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement

Merging Entities. If GRANTEE merges with an organization that is currently receiving VCLG grant funds for the same purpose, directly from the OAG, and the merger is completed during the current the Contract contract term, the standing organization may seek reimbursement for the remaining OAG funding of the dissolving organization in addition to the standing organization’s current funding.

Appears in 1 contract

Sources: Grant Agreement