Use of City Grant Clause Samples

Use of City Grant. The funds from the City Grant shall only be used by the Authority for programming associated with the development and expansion of businesses in the Research Park and the International Soft Landings Center, as more fully described in this Agreement. Eligible grant expenses include but are not limited to personnel costs directly associated with business development, business attraction, and outsourced professional consultation and mentoring costs. Up to ten percent (10%) of the funds provided may be used for administrative and facilities operating expenses. The Authority agrees that it will repay to the City within sixty (60) days, any of the City Grant Funds that the City determines, in its reasonable discretion, were not used to accomplish a public purpose or for the purpose described in this Agreement. The City shall provide written notice to the Authority of such determination and afford the Authority a period of ninety (90) days to remedy the situation that gave rise to the City’s determination and provide written evidence, reasonably satisfactory to the City of such remedy. The return of City Grant Funds, as set forth in this Section 4 shall be the City’s sole remedy with respect to the Authority’s failure to use the City Grant Funds as required under this Agreement.
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Use of City Grant. The funds from the City Grant shall only be used by the Authority for the development and expansion of an International Soft Landings Center, as more fully described in this Agreement. The Authority agrees that it will repay to the City within sixty (60) days, any of the City Grant Funds that the City determines, in its reasonable discretion, were not used to accomplish a public purpose or for the purpose described in this Agreement. The City shall provide written notice to the Authority of such determination and afford the Authority a period of ninety (90) days to remedy the situation that gave rise to the City’s determination and provide written evidence, reasonably satisfactory to the City of such remedy. The return of City Grant Funds, as set forth in this Section 4. shall be the City’s sole remedy with respect to the Authority’s failure to use the City Grant Funds as required under this Agreement.
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Use of City Grant. 1. Public purpose would be confirmed by completion of deliverables listed under section 5. 2. Full use of grant funds for the public purpose would be confirmed under section 7.
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Related to Use of City Grant

  • Use of First Samples Drawn For the purposes of all samples (Discovery Sample(s) and Full Sample(s)) discussed in this Appendix, the Paid Claims selected in each first sample shall be used (i.e., it is not permissible to generate more than one list of random samples and then select one for use with the Discovery Sample or Full Sample).

  • Use of Grant 4.1 The Grant shall be used by the Recipient for the delivery of the Project in accordance with the agreed budget set out in Schedule 3. For the avoidance of doubt, the amount of the Grant that the Recipient may spend on any item of expenditure listed in column 1 of Schedule 3 shall not exceed the corresponding sum of money listed in column 2 without the prior written agreement of the Funder. 4.2 Where the Recipient has obtained funding from a third party in relation to its delivery of the Project (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Schedule 3 together with a clear description of what that funding shall be used for. 4.3 The Recipient shall not use the Grant to: (a) make any payment to members of its Governing Body; (b) purchase buildings or land; or (c) pay for any expenditure commitments of the Recipient entered into before the Commencement Date, unless this has been approved in writing by the Funder. 4.4 The Recipient shall not spend any part of the Grant on the delivery of the Project after the Grant Period. 4.5 Should any part of the Grant remain unspent at the end of the Grant Period, the Recipient shall ensure that any unspent monies are returned to the Funder or, if agreed in writing by the Funder, shall be entitled to retain the unspent monies to use for charitable purposes as agreed between the parties. 4.6 Any liabilities arising at the end of the Project including any redundancy liabilities for staff employed by the Recipient to deliver the Project must be managed and paid for by the Recipient using the Grant or other resources of the Recipient. There will be no additional funding available from the Funder for this purpose.

  • Use of Grant Funds Grantee shall use the Grant Funds only for Eligible Expenses as set forth in Appendix A and for no other purpose. Grantee shall expend the Grant Funds in accordance with the Budget and shall obtain the prior approval of City before transferring expenditures from one line item to another within the Budget.

  • Use of Report This report has been prepared for [Grantee name] and the department in accordance with the requirements of the grant agreement between [Grantee name] and the Commonwealth, dated [date of agreement]. We disclaim any assumption of responsibility for any reliance on this report to any persons or users other than [Grantee name] and the department, or for any purpose other than that for which it was prepared. Based on:

  • Use of the Name “▇▇▇▇▇ ▇▇▇▇▇”. The Adviser hereby consents to the use by the Fund of the name “▇▇▇▇▇ ▇▇▇▇▇” as part of the Fund’s name; provided, however, that such consent shall be conditioned upon the employment of the Adviser or one of its affiliates as the investment adviser of the Fund. The name “▇▇▇▇▇ ▇▇▇▇▇” or any variation thereof may be used from time to time in other connections and for other purposes by the Adviser and its affiliates and other investment companies that have obtained consent to the use of the name “▇▇▇▇▇ ▇▇▇▇▇.” The Adviser shall have the right to require the Fund to cease using the name “▇▇▇▇▇ ▇▇▇▇▇” as part of the Fund’s name if the Fund ceases, for any reason, to employ the Adviser or one of its affiliates as the Fund’s investment adviser. Future names adopted by the Fund for itself, insofar as such names include identifying words requiring the consent of the Adviser, shall be the property of the Adviser and shall be subject to the same terms and conditions.