Use of Grant Funds Sample Clauses
The "Use of Grant Funds" clause defines how the recipient is permitted to spend the funds provided under a grant agreement. It typically outlines specific allowable expenses, such as project-related costs, salaries, or equipment, and may prohibit use of funds for unrelated activities or overhead beyond a certain percentage. This clause ensures that grant money is used solely for its intended purpose, promoting accountability and preventing misuse or diversion of funds.
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Use of Grant Funds. A. Grantee shall use any and all 2016 monies awarded under this agreement only to perform the services, functions or activities described in Part I Section 3 and incorporated by reference herein. Any change in a grant funded cost category of the budget included in Appendix A, refer to Column B and which exceeds 10 percent for the total line item must be approved in writing by Municipality.
B. To the extent consistent with the purposes for which funds are made available to Grantee under this agreement, the services and facilities provided by Grantee will be available to the general public and will be provided only within the Municipality of Anchorage.
C. Grantee is not entitled to any compensation under this agreement, other than as expressly provided for in this section. Grantee acknowledges that the Municipality has no obligation to continue funding the program described herein beyond the term of this agreement and, subject to Part II Section 3 of this agreement, accepts the compensation described in this section as full consideration of all the costs it incurs in rendering its performance under this agreement.
D. All investment income earned with grant funds received by Grantee must be reported to Municipality and may not be expended by Grantee for any purpose without the prior written authorization of Municipality.
E. No funds made available to Grantee under this agreement may be used for the construction and/or purchase of real property without the written approval of Municipality.
F. No funds made available to Grantee under this agreement will be used for the purchase of automobiles, vans, buses, or similar transportation equipment. No funds made available to Grantee under this agreement will be used for the purchase of food or beverages, except where required for travel and funded from the allotted travel budget.
▇. ▇▇▇▇▇ funds made available to Grantee under this agreement may not be used for expenses or obligations incurred by Grantee before January 1, 2016.
H. No claim for services or functions or other actions performed in addition to those specifically described in Section 3 shall be allowed by Municipality. However, Grantee may, at its own expense, provide such other services or perform such other functions as are appropriate and not inconsistent with this assignment.
Use of Grant Funds. The Grant Funds shall be used solely for the Project activities described in Exhibit A in accord with the ODOT Grant Budget and Cost Sharing set forth in Exhibit B (the “Budget”). Grantee agrees to use its best efforts to fully expend the Grant Funds for their stated purposes within the Grant Period, after which time all unspent award funds are no longer available for the project beyond the end of the Grant Period.
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 Grant Funds. The Grant Funds shall be used solely for the Project described in Exhibit A (the “Project”) and shall not be used for any other purpose. No Grant Funds will be disbursed for any changes to the Project unless ODOT approves such changes by amendment pursuant to Section 4.c.
Use of Grant Funds. Grantee warrants that it shall use the proceeds of the Grant solely for Eligible Uses in accordance with Section 1.03 hereof.
Use of Grant Funds. A. Institution will permit the Grantee to use the Grant Funds in accordance with the Budget following the Effective Date. The Institution shall be responsible for administering the Grant in accordance with the Budget. All disbursements shall be in strict accordance with this Agreement.
▇. ▇▇▇▇▇ Funds are to be used:
1. Salary and benefits expenses of the Grantee. The percentage of salary requested may not exceed the percent effort of the applicant. During the time spent at the Funder’s facility, the Grantee must dedicate 100% effort to the Research.
2. Up to $2,000 may be used for registration, housing, travel, and subsistence expenses related to attendance at one required AACR Annual Meeting. The grantee must attend the required AACR Annual Meeting to formally accept the grant during the annual Grants Reception and Dinner. Travel funds are for the Grantee ONLY.
C. Indirect costs must be kept to a minimum and shall not exceed 20% ($16,666.67) of the total direct costs of the Grant. Indirect costs may include administrative costs, such as general administration and general expenses, departmental administration, sponsored projects administration, and student administration and services.
D. No Grant Funds provided may be used for any political campaign, or to support attempts to influence legislation by any governmental body, other than making available the results of nonpartisan analysis, study, and research. Grant Funds may not become part of the Institution’s or any organization’s endowment fund, capital campaign, construction, or renovation costs.
E. The Institution will be accountable for the appropriate use of the Grant Funds during the Grant Term. The Institution shall be liable for reimbursement to AACR of any Grant Funds associated with any inappropriate or unauthorized expenditures of Grant Funds or fraudulent or improper conduct involving the use of Grant Funds.
F. The Institution shall ensure that all its staff use Grant Funds solely and expressly for the Research.
G. The Institution shall ensure that the Grantee exercises proper stewardship over Grant Funds and that costs charged to the Grant are allowable, allocable, reasonable, necessary, and consistently applied. AACR may disallow any cost if it determines, through audit or otherwise, that the cost does not meet the tests of allowability, allocability, reasonableness, necessity, and consistency.
H. Funding for the Research from other sources in addition to the AACR Clinical Oncology Research (...
Use of Grant Funds. Grantee shall use $75,000 of the grant funds solely for research-related expenses, including equipment purchases, professional travel, professional development courses, trainee support, Fellow salary, or any other costs directly related to the Fellow’s research. The research shall be conducted by the Fellow or the Fellow’s trainees as described in the Research Summary, Attachment A, incorporated herein. Use of fellowship funds for items greater than $5,000 or for expense types other than those listed above will require pre-approval from the NAS Program Officer. Grantee shall use the remaining $1,000 of the grant funds to make an honorarium payment to the Mentor. The Mentor shall meet with the Fellow at least twice a month to provide guidance and advice on professional development and career topics including, but not limited to, work/life balance, time and project management, teaching and mentorship, committee and other professional service, community engagement and outreach, lab and research management, and promotion and tenure. Grantee expenditures of grant funds under this Grant Agreement shall be conducted consistent with the cost accounting principles found in Subpart E of OMB 2 CFR Part 200 as it may be revised from time to time. None of the fellowship grant funds may be spent on institutional overhead or indirect charges. Grantee acknowledges that NAS and its representatives have made no actual or implied promise of funding except for the amounts currently obligated by this Grant Agreement and then only in accordance with the Terms and Conditions of this Grant Agreement.
Use of Grant Funds. Subrecipient’s allocations and use of funds under this Grant shall comply and be in accordance with, and subject to, the guidance, regulations and requirements set forth in the following: (1) DHS FY 2011 Homeland Security Grant Program Guidance and Application Kit Sections I and II (“DHS 11 Guidance”), (2) Grantor Information Bulletins, (3) CalEMA 2011 Recipient Handbook (“CalEMA 11 Handbook”), (4) CalEMA FY 11 Homeland Security Grant Program California Supplement to Federal Guidance and Application Kit (“CalEMA 11 Supplement”), (5) CalEMA Grant Management Memos (“GMM”), (6) the current editions of the Office of Justice Programs (“OJP”) Financial Guide and the DHS Financial Management Guide, (7) Grantor’s Grants Management Common Rule as codified in Title 44 Code of Federal Regulations (CFR) Part 13, (8) CalEMA FY 11 Grant Assurances, attached hereto as Exhibit E and made a part hereof, and (8) this Agreement. Subrecipient shall use the Grant Funds allocated to it to support the goals and objectives included in the State and/or Urban Area Homeland Security Strategies as well as the investments and projects identified in the Investment Justifications, which were submitted as part of the California FY 2011 Homeland Security Grant Program application. Further, use of the Grant Funds is limited to those investments and projects included in the California FY11 Investment Justifications submitted to DHS/FEMA/CalEMA and evaluated through the peer review process. Subrecipient shall comply with any cost sharing commitments included in such FY11 Investment Justifications, where applicable. Subrecipient agrees that Grant Funds will be used to supplement existing funds for program activities, and will not supplant (replace) non-Federal funds, and, upon request by the City, CalEMA and Grantor, Subrecipient shall be required to demonstrate and document that a reduction in non-Federal resources occurred for reasons other than the receipt or expected receipt of Grant Funds. Subrecipient shall assure that the Grant Funds will support efforts related to providing an integrated mechanism to enhance the coordination of national priority efforts to prevent, respond to, and recover from terrorist attacks, major disasters and other emergencies. Subrecipient hereby certifies that it has the legal authority to apply for the financial assistance given through the Grant and has the institutional, managerial and financial capability to ensure proper planning, management and completio...
Use of Grant Funds. Grant Funds may only be used for transportation projects that are State Highway Trust Fund eligible, that is, those that are consistent with Article IX, Section 3a, of the Oregon Constitution (each such State Highway Trust Fund eligible transportation project is referred to in this Agreement as a “Project”). Grant Funds may be used for all phases of a Project, including, but not limited to, preliminary engineering, right of way, utility relocation, and construction.
Use of Grant Funds. Awarded grant funds shall be used solely for eligible purposes as approved by the Department. Line item funding is considered estimates of costs, however, the total project cost are considered exact and shall not be exceeded by the grantee unless otherwise amended.