Common use of Availability of Grant Funds Clause in Contracts

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

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

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