Common use of Use of Financial Assistance Clause in Contracts

Use of Financial Assistance. The financial assistance is provided for the public purpose of protecting the public health, safety, welfare and the environment. The Owner shall use the proceeds of the financial assistance solely for cost included in the project budget and ensure that the proceeds are not used for any other purpose.

Appears in 1 contract

Sources: Betterment Agreement

Use of Financial Assistance. The financial assistance is provided for the public purpose of protecting the public health, safety, welfare and the environment. The Owner shall use the proceeds of the financial assistance solely for cost costs included in the project budget Project Budget and ensure that the proceeds are not used for any other purpose.

Appears in 1 contract

Sources: Loan Agreement