Common use of Purpose and extent of the Grant Clause in Contracts

Purpose and extent of the Grant. The Recipient must only use the Grant Funding: for the Purpose; or as otherwise approved in writing by the Authority, and at all times in accordance with this Grant Agreement. Any costs incurred by the Recipient that do not qualify as Eligible Expenditure or exceed the Grant Funding will not be recoverable under or in connection with this Grant Agreement. The Grant is made by the Authority under Section 13A of the Industrial Development Act 1982. The Authority's financial processes and procedures in connection with this Grant Agreement will be carried out in accordance with Managing Public Money and other guidance issued by HM Treasury and in effect from time to time. The Grant is a contribution only. The Recipient is responsible for delivering the Project and for providing all resources (including personnel, equipment, facilities, goods, services and other resources) necessary to deliver the Project, including as agreed between the Recipient and Project Partners in a Collaboration Agreement. The Project must only be delivered by the Recipient, Project Partners, Approved Affiliates and Project Participants, and each of their Representatives, and by no other person.

Purpose and extent of the Grant. The Recipient must (and must ensure that the Project Partners) only use the Grant Funding: for the Purpose; or as otherwise approved in writing by the Authority, and at all times in accordance with this Grant Agreement. Any costs incurred by the Recipient that do not qualify as Eligible Expenditure or exceed the Grant Funding will not be recoverable under or in connection with this Grant Agreement. The Grant is made by the Authority under Section 13A of the Industrial Development Act 1982. The Authority's financial processes and procedures in connection with this Grant Agreement will be carried out in accordance with Managing Public Money and other guidance issued by HM Treasury and in effect from time to time. The Grant is a contribution only. The Recipient is responsible for delivering the Project and for providing all resources (including personnel, equipment, facilities, goods, services and other resources) necessary to deliver the Project, including as agreed between the Recipient and Project Partners in a Collaboration Agreement. The Project must only be delivered by the Recipient, Project Partners, Approved Affiliates and Project Participants, and each of their Representatives, and by no other person.