Common use of Administration of Award Clause in Contracts

Administration of Award. 2.1 The Fundholder shall ensure that spending in relation to the Award occurs only within the Period of Funding. The Fundholder shall, unless otherwise specified at Item D: (i) administer the Awards in accordance with the Award Purposes and with Item A and, in particular: (A) comply with the objectives for the Award specified in the Application identified at Item D; (B) undertake the activities specified in the Application identified at Item D; (C) endeavour in good faith to achieve the expected outcomes for the Award specified in the Application identified at Item D; and (D) notify the Research Foundation of any expected or actual delay or suspension (over six (6) months) in the progress of the Award; where the Fundholder is an Institution, provide the Award Recipients with the necessary assistance, facilities and services for the efficient conduct of research; where the Fundholder is an Institution, meet the normal overhead and operating expenses of the Fundholder as required to support the Award Recipients’ research; ensure that all relevant Institutional Approvals are obtained and maintained as required for the duration of the Award and the Fundholder must confirm this in every Progress Report; and otherwise comply strictly with the terms and conditions of this Agreement.

Administration of Award. 2.1 The Fundholder shall ensure that spending in relation to the Award occurs only within the Period of Funding. The Fundholder shall, unless otherwise specified at Item D: (i) administer the Awards in accordance with the Award Purposes and with Item A and, in particular: (A) comply with the objectives for the Award specified in the Application identified at Item D; (B) undertake the activities specified in the Application identified at Item D; (C) endeavour in good faith to achieve the expected outcomes for the Award specified in the Application identified at Item D; and (D) notify the Research Foundation of any expected or actual delay or suspension (over six (6) months) in the progress of the Award; where the Fundholder is an Institution, provide the Award Recipients with the necessary assistance, facilities and services for the efficient conduct of research; where the Fundholder is an Institution, meet the normal overhead and operating expenses of the Fundholder as required to support the Award Recipients’ research; ensure that all relevant Institutional Approvals are obtained and maintained as required for the duration of the Award and the Fundholder must confirm this in every Progress Report; and otherwise comply strictly with the terms and conditions of this AgreementDeed.