Use of Grants Clause Samples

The "Use of Grants" clause defines how funds provided through a grant must be utilized by the recipient. It typically specifies that the grant money can only be spent on certain approved activities, projects, or expenses outlined in the grant agreement, such as research, program implementation, or equipment purchases. By clearly delineating permissible uses, this clause ensures that grant funds are used as intended by the grantor and helps prevent misuse or diversion of resources.
Use of Grants. The Foundation shall issue a Request for Proposals (RFP) for each planned grant cycle. Each RFP shall solicit proposals for projects that target a specific theme that addresses an area of need. The IEEE Foundation/Life Members Grants Committee shall identify and recommend the theme to the Foundation Board for approval. The number and duration of the projects funded during each grant cycle shall be limited to ensure the projects achieve the desired broad impact and intellectual merit. Grants shall only be awarded to innovative projects described in grant applications that address the theme topic and are recommended by the IEEE Foundation/Life Members Grants Committee and approved by either the Foundation Board or IEEE Life Members Committee. Unsolicited proposals unrelated to the RFP’s theme will not be accepted or funded. Foundation Board shall approve grants awarded from the IEEE Foundation Fund. The IEEE Life Members Committee shall approve grants awarded from the IEEE Life Members Fund.
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Use of Grants. A grant received by a State under this subsection may be used by the State only for awarding contracts for engineering and design services to carry out projects and activities for which Federal funds may be obligated under title 23, United States Code.
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Use of Grants. Grantee shall use all grants disbursed from the Restricted Fund by Sponsor solely for the purposes of the Project in a manner that is consistent with IRC Section 501(c)(3), and Grantee shall repay to Sponsor any portion of any grant that is not spent or committed for those purposes. Any significant change in the purpose for which a grant is used must be approved in writing by Sponsor before implementation. Sponsor retains the right, if Grantee materially breaches this Agreement, to withhold, withdraw, or demand immediate return of grants made from the Restricted Fund, and to spend such amounts so as to support and advance the purposes of the Project as nearly as possible within Sponsor’s sole judgment. ▇▇▇▇▇▇▇ agrees to acknowledge Sponsor’s sponsorship/grants in any Project credits. This acknowledgement shall include a website URL for Sponsor on Project documents, collateral, and finished products. ▇▇▇▇▇▇▇ further agrees to comply with all state, federal, and local laws, in the production and/or distribution of publications or other goods or services produced by the Project.
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Use of Grants. The Grantee must ensure the Grant is only used for the delivery of financial counselling and related services in a Predefined Service Region(s); and the expenditure is incurred on the Activity between the Activity Start Date and Activity End Date. The Grantee must use the Grant for:
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Use of Grants. Grantee shall use all grants disbursed from the restricted fund solely for the purposes of the Project, and Grantee shall repay to Sponsor any portion of any grant that is not spent or committed for those purposes. Any significant change in the purpose for which a grant is used must be approved in writing by Sponsor before implementation. Sponsor retains the right, if Grantee materially breaches this Agreement, to withhold, withdraw, or demand immediate return of grants made from the restricted fund, and to spend such amounts so as to accomplish the purposes of the Project as nearly as possible within Sponsor’s sole judgment. Grantee agrees to acknowledge Sponsor’s sponsorship/grants in any Project credits. This acknowledgement shall include a website URL for Sponsor on Project documents, collateral and finished products. Grantee further agrees to comply with all state, federal and local laws, in the production and/or distribution of publications or other goods or services produced by the Project.
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Use of Grants. 1. The grant will be used for the building of a production site in Berlin for the product to be supplied, namely radioactive strontium-90 seed-trains. To this end the supplier will rent a part of building which will exclusively be used for the production of the said product; he will then effect the necessary renovation works and supply this part of a building with the production machinery required. The machinery should guarantee a capacity of at least * seed-trains per year by December 31, 1997. 2. The supplier agrees not to pledge, hypothecate, encumber or sell the assets purchased with the grant in any way. The part of the building rented and all the equipment * Denotes confidential portions of this agreement that have been omitted and filed separately with the Securities and Exchange Commission. purchased with the grant specified in ss. 1 shall be used exclusively for the production of materials as stated in this contract for the sole benefit of the customer. No other companies products are to be manufactured with the equipment purchased through the grant, neither are products for other companies to be manufactured in the same part of the building. The supplier will make sure that all approvals necessary to use the part of the building for the production of radioactive materials will be assigned. 3. The rental contract must state explicitly that the production site will be used as a radioactivity laboratory (C-laboratory). The rental contract for the part of the building must also hold a provision stating that the lease maybe assigned to third parties.
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Use of Grants. Save as expressly provided in clause 6, the Grant Recipient shall: i) use a Grant solely and exclusively for the delivery of that ▇▇▇▇▇’▇ Funded Activities; ii) not make any changes to the scope, nature and/or extent of any Funded Activities.
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Use of Grants. The Grantee must ensure the Grant is only used for the delivery of financial counselling and related services in a Predefined Service Region(s); and the expenditure is incurred on the Activity between the Activity Start Date and Activity End Date. The Grantee must use the Grant for: salaries for rural financial counsellors and support staff, including superannuation and leave provisions; direct support costs of delivering the Activity, including office costs, utility costs, accounting and financial audit activity costs; capital items, such as equipment necessary for delivering the Activity (for example, desks, IT equipment etc) and vehicles; costs associated with professional development for staff; and marketing and promotion of the RFCS Program and services. The Grantee must not use the Grant: to purchase land; for major capital expenditure, such as building or renovating new office accommodation; to cover retrospective expenditure incurred before 1 July 2021; to pay performance bonuses or increase staff salaries excessively; for costs incurred in the preparation of a grant application or related documentation; for overseas travel; for wages or other staff costs not directly associated with the Activities; for the cost of communication activities not directly associated with the Activities; and to support any commercial activities associated with the grantee’s business. The Grantee must facilitate clients with completing the client surveys. Eligible Clients are expected to complete surveys on a regular basis throughout their participation in the RFCS Program, including on whether client outcomes are being met, and to determine a client’s satisfaction with the service. The Grantee must promote the Activity so relevant stakeholders, including potential clients, local council and referral sources, are aware that the service is available and how it can support clients to improve their financial circumstances.
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Use of Grants. A grant under this section shall not be used, in whole or in part, for an activity, project, or pro- (e) Nonapplicability of Federal Advisory Commit- tee Act
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Related to Use of Grants

  • 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.

  • Terms of Grant The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with the terms of the Plan and this Agreement, [ ( )] shares of the Company’s Common Stock (such shares, subject to adjustment pursuant to Section 24 of the Plan and Subsection 2.1(h) hereof, the “Granted Shares”) at a per share purchase price of $0.001 (the “Purchase Price”), receipt of which is hereby acknowledged by the Company [by the Participant’s prior service to the Company and which amount will be reported as income on the Participant’s W-2 [or 1099] for this calendar year].

  • Term of Grant Agreement The term of this Grant Agreement begins on JANUARY 1, 2024, and ends three (3) years following the final payment unless otherwise terminated or amended as provided in this Agreement. However, all work shall be completed by MARCH 31, 2026, and no funds may be requested after APRIL 15, 2026.

  • Nature of Grant In accepting the RSUs, the Participant acknowledges, understands and agrees that: (a) the Plan is established voluntarily by the Company, it is discretionary in nature, and may be amended, suspended or terminated by the Company at any time, to the extent permitted by the Plan; (b) the grant of the RSUs is exceptional, voluntary and occasional and does not create any contractual or other right to receive future grants of RSUs, or benefits in lieu of RSUs, even if RSUs have been granted in the past; (c) all decisions with respect to future RSU or other grants, if any, will be at the sole discretion of the Company; (d) the Participant is voluntarily participating in the Plan; (e) the RSUs and any shares of Common Stock acquired under the Plan, and the income from and value of the same, are not intended to replace any pension rights or compensation; (f) the RSUs and any shares of Common Stock acquired under the Plan, and the income from and value of same, are not part of normal or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end-of-service payments, holiday pay, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments; (g) the future value of the shares of Common Stock underlying the RSUs is unknown, indeterminable, and cannot be predicted with certainty; (h) no claim or entitlement to compensation or damages shall arise from forfeiture of the RSUs resulting from the termination of the Participant’s Employment or other service relationship (for any reason whatsoever, whether or not later found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any); (i) for purposes of the RSUs, the Participant’s Employment or service relationship will be considered terminated as of the date the Participant is no longer actively providing services to the Company, the Employer, or any of the Subsidiaries or Affiliates of the Company (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any), and unless otherwise expressly provided in this Agreement or determined by the Company, the Participant’s right to vest in the RSUs under the Plan, if any, will terminate as of such date and will not be extended by any notice period (e.g., the Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any); the Committee shall have the exclusive discretion to determine when the Participant is no longer actively providing services for purposes of his or her RSU grant (including whether the Participant may still be considered to be providing services while on a leave of absence); (j) unless otherwise provided in the Plan or by the Company in its discretion, the RSUs and the benefits evidenced by this Agreement do not create any entitlement to have the RSUs or any such benefits transferred to, or assumed by, another company nor to be exchanged, cashed out or substituted for, in connection with any corporate transaction affecting the shares of the Company; (k) unless otherwise agreed with the Company, the RSUs and any shares of Common Stock acquired under the Plan and the income from and value of same, are not granted as consideration for, or in connection with, the service the Participant may provide as a director of a Subsidiary or Affiliate; and (l) the following provisions apply only if the Participant is providing services outside the United States: (1) the RSUs and the shares of Common Stock subject to the RSUs, and the income from and value of same, are not part of normal or expected compensation or salary for any purpose; and (2) neither the Company, the Employer nor any Subsidiary or Affiliate shall be liable for any foreign exchange rate fluctuation between the Participant’s local currency and the United States Dollar that may affect the value of the RSUs or of any amounts due to the Participant pursuant to the settlement of the RSUs or the subsequent sale of any shares of Common Stock acquired upon settlement.