PROJECT GRANT Clause Samples

PROJECT GRANT. Subject to the ARC providing the Grant to the Administering Organisation, the Administering Organisation will transfer portions of the Grant to the Collaborating Organisation(s) in the amounts set out in Table 1 below. XYZ University Project Funds $ $ $ $ $ ABC University Project Funds $ $ $ $ $ Add Additional Rows if required Project Funds $ $ $ $ $ Total ARC Grant (indicative only) $ $ $ $ $ The Parties agree that all expenditure of the Grant will be in accordance with the Application and within the broad structure of the proposed project cost detailed in the Application, unless as otherwise amended by agreement t of the Parties and, if applicable, with the prior approval of the ARC. Where the Administering Organisation is transferring some of the Grant to the Collaborating Organisation(s), each Collaborating Organisation will, in respect of itself only: submit relevant tax invoices to the Administering Organisation on a quarterly basis; for example, January, April, July, October. provide an annual financial acquittal to the Administering Organisation by 28 February (or such other date as may be reasonably requested by the Administering Organisation) of each year for the Grant transferred to it in the previous calendar year; and when a researcher named on the Application leaves the employment of his/her Collaborating Organisation through his/her transfer to another university or otherwise, and the involvement of the host Collaborating Organisation in the Project also ceases, that host Collaborating Organisation will inform the Administering Organisation as soon as practicable after the researcher leaving and will provide a financial acquittal to the Administering Organisation within 30 days of request, if requested to do so by the Administering Organisation. The contact details for invoices at the Administering Organisation and acquittals for any relevant Collaborating Organisations are provided at Schedule 1. All amounts referred to in this agreement are expressed exclusive of GST unless otherwise stated. For the purpose of this agreement “GST” means a goods and services tax imposed on the supply of goods and services (including intellectual property) under A New Tax System (Goods and Services Tax) Act 1999 (Cth). If GST is payable by the Administering Organisation to a Collaborating Organisations on any supply made under this Agreement, the Administering Organisation will, on issue of a complying tax invoice, pay the Collaborating Organisation(s) an am...

PROJECT GRANT. Grantee submitted a CMP grant application to the GLO. The application was selected as a CMP Project of Special Merit eligible for a grant of GOMESA funds, as approved by the Texas Land Commissioner and as administered by the GLO. This Contract is entered into based on ▇▇▇▇▇▇▇’s application. Subject to the terms and conditions of this Contract, the GLO agrees to provide GOMESA funds to Grantee, in an amount not to exceed $796,656.00, payable as reimbursement of allowable expenses incurred by ▇▇▇▇▇▇▇, to be used in strict accordance with the Budget in Attachment A. Any additional funds necessary for the completion of this Project are ▇▇▇▇▇▇▇’s responsibility. This Contract does not require Grantee to contribute matching funds.

PROJECT GRANT. 3.1 In consideration of USM performing the Project and all the obligations contained herein, AAA shall finance the Project in the total sum of Ringgit Malaysia *** (RM***) only (hereinafter referred to as “the Grant”) for all the works under the scope of the Project as stipulated in Article 1.2 above. 3.2 The Grant shall be disbursed to USM in the following manner: 10% to be paid upon the signing of this Agreement; ***% to be paid within ***; ***% to be paid within ***. 3.3 The Grant shall only be used by USM for the purpose of the Project. 3.4 The Grant shall not be used for any other purposes without AAA’s prior written consent and if the Project is finally due and/or discontinued for any reason whatsoever, the balance of the Grant, if any, shall be transferred to USM’s Endowment Fund.

PROJECT GRANT. The City shall provide one million dollars ($1,000,000.00) of TIF Incentive as a Project Grant upon Developer fulfilling all obligations identified in Sections IV. A., IV. B., IV. C., IV. E., IV. F., and IV. G. of this Agreement regarding the proposed Project. a) Such Project Grant shall be for purposes of paying certain Qualified Expenditures as referenced below. Developer shall provide the RDA with written evidence that Developer has incurred any such Qualified Expenditures and within thirty (30) days of receipt of such aforementioned evidence, the City or the RDA shall disburse to Developer such portion of the Project Grant necessary to pay such Qualified Expenditures. b) The City shall provide Developer a schedule of the annual costs of debt service associated with such Project Grant, which is herein attached as EXHIBIT C. c) In order for the City to cover one hundred and ten percent (110%) of the costs of debt service associated with such Project Grant, Public Improvements, and Property Improvements, the Developer guarantees that the Property shall have a minimum aggregate assessed value of six million dollars ($6,000,000.00) by January 1, 2020.

PROJECT GRANT. 1.1 The Recipient will undertake the project outlined in the attached Schedule A – 1.2 The Recipient shall not alter the scope of the Project without prior written approval of the Province. All requests for changes to Schedule A must be requested in writing by the Recipient, and responded to in writing by the Department. The Department may refuse to approve changes for any reason. 1.3 Unless the parties otherwise arrange, the Recipient shall supply and pay for all labour, materials, facilities and approvals necessary or advisable in connection with the Project.

PROJECT GRANT. The distribution of funds from the Administering Organisation to the Collaborating Organisation will be in the amount set out in Table 1 of Schedule 2. The Administering Organisation will only transfer DIN Funding after receiving a notice that the Collaborating Organisation has in place a research agreement with the participating Industry organisations. The Collaboration Organisation should receive the cash and in-kind contributions as set out in Table 2 of Schedule 2. The Parties agree that all expenditure of the Funding will be in accordance with the project description contained in the Proposal and within the broad structure of the proposed project cost detailed in the Proposal. Where the Administering Organisation is transferring the Funding to the Collaborating Organisation, the Collaborating Organisation will: submit relevant tax invoice to the Administering Organisation on providing the notification that a research agreement is in place with the Industry participants. provide a final report which includes a complete financial acquittal to the Administering Organisation by xx-xx-xxxx; and when a researcher named on the Proposal leaves the employment of his/ her Collaborating Organisation through his/her transfer to another university or otherwise, and the involvement of the host Collaborating Organisation in the Project also ceases, that host Collaborating Organisation will provide a financial acquittal to the Administering Organisation within 30 days of request, if requested to do so by the Administering Organisation. The contact details for invoices at the Administering Organisation and Collaborating Organisation are provided at Schedule 1. The contact details for acquittals for the Collaborating Organisation and any relevant Collaborating Organisations are also provided at Schedule 1. All amounts referred to in this agreement are expressed exclusive of GST unless otherwise stated. For the purpose of this agreement “GST” means a goods and services tax imposed on the supply of goods and services (including intellectual property) under A New Tax System (Goods and Services Tax) Act 1999 (Cth). The Administering Organisation will, on issue of a complying tax invoice, pay the Collaborating Organisation(s) an amount equal to the GST liability payable by the Collaborating Organisation(s).

PROJECT GRANT. The size of the project grant will be agreed between the parties in the programming stage.

PROJECT GRANT. The RDA and/or City shall contribute no more than nine million, five hundred thousand dollars ($9,500,000.00) as a Project Grant towards the Project. The Project Grant may be made in phases in order to reduce the total debt burden incurred by the City and/or reduce the amount of interest incurred.

PROJECT GRANT. The City shall provide one hundred and fifty thousand dollars ($150,000.00) One Hundred Eighty-Six Thousand Five Hundred Dollars ($186,500) of TIF Incentive as a Project Grant for purposes of reimbursing the cost of construction of a multi-model asphalt path (Fox River Trail) as described in Section III. A. 3.. Developer shall providehas provided the RDA with written evidence that Developer has incurred any such related Qualified Expenditures . and wWithin thirty (30) days of receipt of such aforementioned evidencethe recording of the CSM with the land transfers described in the previous section, the City or the RDA shall disburse to Developer such portion of the Project Grant necessary to pay such Qualified Expenditure.