Project Execution. 1. The Board hereby awards to the Grantee a sum of money (Grants) $ in consideration of and on condition that the sum be expended in carrying out the purposes as set forth in the description of the Project in this Agreement and its attachments and under the Terms and Conditions set forth in this Agreement. Grants may also be expended for the purposes of a future high priority Capital Outlay project as the result of Savings, or for the purposes of reimbursement, pursuant to SFP Regulation Section 1859.90.4.
Appears in 3 contracts
Sources: Grant Agreement, Grant Agreement, Grant Agreement