Subgrant Sample Clauses
Subgrant. “Subgrant” shall mean an award of Allocated Funds by the Participating State to an eligible Subawardee. The term does not include procurement purchases.
Subgrant. A. PIDC-LDC shall disburse the Project Funding to Subgrantee in accordance with this Subgrant Agreement and with the procedures described in Exhibit G.
B. Subgrantee shall use the Project Funding solely to pay for the design and construction costs associated with the Project, unless and except as otherwise provided in Exhibit G.
C. PIDC-LDC’s obligation to provide Project Funding is contingent upon:
1) Availability of City funding,
2) Subgrantee’s adherence to the terms of this Subgrant Agreement, and
3) Property Owner’(s) and Subgrantee’s correction of any condition resulting in a notice of violation or defect issued by PWD, the Water Revenue Bureau or the Department of Licenses and Inspections.
Subgrant. An award of funds or property in lieu of funds made by the department to an eligible sub-grantee or by the eligible sub-grantee to another individual or entity. The term does not include procurement purchases, technical assistance, assistance in the form of revenue sharing, loans, loan guarantees, interest subsidies, or insurance; or assistance for which no accounting by the sub-grantee is required.
Subgrant. Characteristics indicative of an award received by a subrecipient are when the receiving organization:
1) Determines who is eligible to receive what financial assistance;
2) Has its performance measured against whether the objectives of the program are met;
3) Has responsibility for programmatic decision making;
4) Has responsibility for adherence to applicable program compliance requirements; and
5) Uses the funds to carry out a program of the receiving organization as compared to providing goods or services for a program of OHCS.
Subgrant. Subject to the terms and conditions of this Agreement, Subgrantor agrees to reimburse Subrecipient up to the Maximum Subgrant Amount for costs incurred in connection with the Project described in the Scope of Work either in one (1) lump sum upon completion of the work or pursuant to multiple reimbursement requests, in either case, in accordance with the reimbursement provisions set forth in the Scope of Work and this Agreement. Notwithstanding anything to the contrary in this Agreement, the Maximum Subgrant Amount shall not exceed Two Hundred Sixty-Two Thousand and 00/100 Dollars ($262,000.00).
Subgrant. 1. The subgrant of Three Hundred Nine Thousand and Ten Dollars ($309,010) in 2016 HOME funds is provided to the Agency for the full undertaking and performance of the Project. The subgrant may be amended from time to time in the manner described elsewhere in this Agreement, so long as the same remains consistent with the object of Exhibit B, as now or hereafter amended. The sum of said subgrant and any amendments thereto may only be expended in accordance with the budget contained in Exhibit C attached hereto, which is incorporated herein by this reference, as may hereafter be amended (the “Project Budget”).
2. The funds will be used by the Agency to provide housing rehabilitation loans to homeowners of low-income families in accordance with the provisions of this HOME Agreement and Exhibit B.
3. All Program Income (as that term is defined in Section IV-F-1 of Exhibit A hereof) from the interest on or repayment of loans shall be deposited by the Agency into a separate HOME Program Income fund, as required by Section IV-F-2 of Exhibit A hereof, and shall be used by the Agency solely to make additional rehabilitation loans to HOME-eligible homeowners.
4. The Agency shall manage the Project so that Project costs do not exceed the Project Budget. Further, the Agency shall absorb all costs in excess of the authorized subgrant amount.
Subgrant. As of the Subgrant Issuance Date, GEDA hereby obligates and awards to GPA grant funds in the amounts shown on the cover page of this Agreement. By accepting the grant funds provided under this Agreement, GPA agrees to comply with the terms and conditions of this Agreement and requirements and provisions of all Exhibits to this Agreement.
Subgrant. Recipient shall not enter into any subgrants for any part of the program supported by this Agreement without OHA’s prior written consent. In addition to any other provisions OHA may require, Recipient shall include in any permitted subgrant under this Agreement provisions to ensure that OHA will receive the benefit of subgrantee activity(ies) as if the subgrantee were the Recipient with respect to Sections 1, 2, 3, 6, 7, 9, 10, 11, 12, 14, 15, and 16 of this Exhibit B. OHA’s consent to any subgrant shall not relieve Recipient of any of its duties or obligations under this Agreement. [Exhibit B, Section 14] Note that for purposes of this Section 11, Recipient means the Vendor and PCS shall manage any OHA approval or consent requirements.
Subgrant. The City may provide CDBG funds to Subrecepient in order for Subrecepient to provide certain eligible services in connection with City's desire to develop viable urban communities through community development activities consistent with the general policies set forth in 24 C.F.R. § 570.200.
Subgrant