Use of Funding. The Recipient will use the Funds and any Leverage Funding for the carrying out of the Project in accordance with this Agreement and any approved budget, and expend such funds by the Project Completion Date. All such expenditure must be effected in a commercially prudent, sensible and reasonable manner. Furthermore, the Recipient shall properly comply with and deliver all Milestones in accordance with Schedule 4.
Appears in 5 contracts
Sources: Funding Agreement, Funding Agreement, Funding Agreement
Use of Funding. The Recipient will must use the Funds and any Leverage Funding only for the carrying out of the Project in accordance with this Agreement and any approved budget, the Approved Budget and expend such funds by the Project Completion Date. All such expenditure must be effected in a commercially prudent, sensible and reasonable manner. Furthermore, the Recipient shall properly comply with and deliver must meet all Milestones in accordance with Schedule 4.
Appears in 3 contracts
Sources: Financial Assistance Agreement, Financial Assistance Agreement, Financial Assistance Agreement
Use of Funding. The Recipient will use the Funds and any Leverage Funding for the carrying out of the Project in accordance with this Agreement and any approved budget, the Approved Budget and expend such funds by the Project Completion Date. All such expenditure must be effected in a commercially prudent, sensible and reasonable manner. Furthermore, the Recipient shall properly comply with and deliver all Milestones in accordance with Schedule 4.
Appears in 1 contract
Sources: Financial Assistance Agreement