Common use of Availability of Grant Funds Clause in Contracts

Availability of Grant Funds. Recipient acknowledges and agrees that XXxXX’s ability to provide the Grant is dependent on receiving funds from Donors. Accordingly, OMeGA shall use commercially reasonable best efforts to collect funds from Donors in the time frames required in each Donor’s agreement with OMeGA. Provision of Grant funds to Recipient shall be conditioned upon OMeGA receiving such funds from Donor and OMeGA shall not be financially responsible to provide the Grant if Donors fail to provide funding. OMeGA will promptly provide Recipient with relevant information regarding the unavailability of funds for the Grant.

Appears in 2 contracts

Samples: www.omegamedicalgrants.org, www.omegamedicalgrants.org

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Availability of Grant Funds. Recipient acknowledges and agrees that XXxXX’s ability to provide the Grant is dependent on receiving funds from Donors. Accordingly, OMeGA shall use commercially reasonable best efforts to collect funds from Donors in the time frames required in each Donor’s agreement with OMeGA. Provision of Grant funds to Recipient shall be conditioned upon OMeGA receiving such funds from Donor Donors and OMeGA shall not be financially responsible to provide the Grant if Donors fail to provide funding. OMeGA will promptly provide Recipient with relevant information regarding the unavailability of funds for the Grant.

Appears in 1 contract

Samples: Grant Recipient Agreement

Availability of Grant Funds. Recipient acknowledges and agrees that XXxXXOMeGA’s ability to provide the Grant is dependent on receiving funds from Donors. Accordingly, OMeGA shall use commercially reasonable best efforts to collect funds from Donors in the time frames required in each Donor’s agreement with OMeGA. Provision of Grant funds to Recipient shall be conditioned upon OMeGA receiving such funds from Donor Donors and OMeGA shall not be financially responsible to provide the Grant if Donors fail to provide funding. OMeGA will promptly provide Recipient with relevant information regarding the unavailability of funds for the Grant.

Appears in 1 contract

Samples: Grant Recipient Agreement

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Availability of Grant Funds. Recipient acknowledges and agrees that XXxXX’s ability to provide the Grant is dependent on receiving funds from Donors. Accordingly, OMeGA shall use commercially reasonable best efforts to collect funds from Donors in the time frames required in each Donor’s agreement with OMeGA. Provision of Grant funds to Recipient shall be conditioned upon OMeGA receiving such funds from Donor Donors and OMeGA shall not be financially responsible to provide the Grant if Donors fail to provide funding. OMeGA will promptly provide Recipient with relevant information regarding the unavailability of funds for the Grant.

Appears in 1 contract

Samples: Grant Recipient Agreement

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