Common use of Award of Grant Clause in Contracts

Award of Grant. A. The Grantee is hereby awarded a grant in the total amount of [Dollars ($XXXX)]. Payments shall be made monthly upon submission of required project activity reports, invoice, and financial backup for invoiced expenses. Payment under this grant shall occur 30 days after the date of the invoice. B. This grant is awarded and may only be accepted subject to each, and every covenant, term and condition set forth in this agreement. Unless the Grantee is in default of any provision of this agreement, funds shall be paid as indicated in this section at a reasonable time after they are received by the Municipality. Failure to submit reports required under this agreement may result in the Municipality withholding scheduled payments. The Municipality may suspend payments to an agency for instances of non-compliance with the terms of the grant agreement. Payments may be suspended until the agency rectifies all issues of non-compliance and is no longer in default of the grant terms. If any payment is withheld because the Grantee's performance is unsatisfactory, the Municipality must within fourteen (14) working days of the payment denial, notify the Grantee of the payment denial and set forth, with reasonable specificity, what was unsatisfactory and why. C. As a condition of payment, the Grantee shall have paid all municipal taxes currently due and owing by the Grantee. D. The Grantee acknowledges that the Municipality has no obligation to continue funding the services described herein beyond the term of this agreement regardless of the degree to which the Grantee's project is successful, and the Grantee accepts the compensation described in this Section as full consideration for all costs it incurs in performing under this grant. E. This agreement is subject to the availability of funds lawfully appropriated by the Anchorage Municipal Assembly for its performance. F. Pursuant to Anchorage Municipal Charter Section 13.06(a), funding for this grant can be reduced upon declaration by the Mayor to the Anchorage Municipal Assembly of a severe financial or economic hardship. Funding may not be reduced by more than the amount of the then unencumbered balance.

Award of Grant. A. The Grantee is hereby awarded a grant in the total amount of [Dollars ($XXXX)]. Payments shall be made on a monthly basis upon submission of required project activity reports, invoice, and financial backup for invoiced expenses. Payment under this grant shall occur 30 days after the date of the invoice. B. This grant is awarded and may only be accepted subject to each, each and every covenant, term and condition set forth in this agreement. Unless the Grantee is in default of any provision of this agreement, funds shall be paid as indicated in this section at a reasonable time after they are received by the Municipality. Failure to submit reports required under this agreement may result in the Municipality withholding scheduled payments. The Municipality may suspend payments to an agency for instances of non-compliance with the terms of the grant agreement. Payments may be suspended until the agency rectifies all issues of non-compliance and is no longer in default of the grant terms. If any payment is withheld because the Grantee's performance is unsatisfactory, the Municipality must within fourteen (14) working days of the payment denial, notify the Grantee of the payment denial and set forth, with reasonable specificity, what was unsatisfactory and why. C. As a condition of payment, the Grantee shall have paid all municipal taxes currently due and owing by the Grantee. D. The Grantee acknowledges that the Municipality has no obligation to continue funding the services described herein beyond the term of this agreement regardless of the degree to which the Grantee's project is successful, and the Grantee accepts the compensation described in this Section as full consideration for all costs it incurs in performing under this grant. E. This agreement is subject to the availability of funds lawfully appropriated by the Anchorage Municipal Assembly for its performance. F. Pursuant X. Xxxxxxxx to Anchorage Municipal Charter Section 13.06(a), funding for this grant can be reduced upon declaration by the Mayor to the Anchorage Municipal Assembly of a severe financial or economic hardship. Funding may not be reduced by more than the amount of the then unencumbered balance.

Award of Grant. A. The Grantee is hereby awarded a grant in the total amount of [Xxxxx Xxxxxx Written Out] Dollars ($XXXXXXX)]. Payments shall be made on a monthly basis upon submission of required project activity reports, invoice, and financial backup for invoiced expenses. Payment under this grant shall occur 30 15 days after the date satisfactory receipt of the invoicemonthly invoices. B. This grant is awarded and may only be accepted subject to each, each and every covenant, term and condition set forth in this agreement. Unless the Grantee is in default of any provision of this agreement, funds shall be paid as indicated in this section at a reasonable time after they are received by the Municipality. Failure to submit reports required under this agreement may result in the Municipality withholding scheduled payments. The Municipality may suspend payments to an agency for instances of non-non- compliance with the terms of the grant agreement. Payments may be suspended until the agency rectifies all issues of non-compliance and is no longer in default of the grant terms. If any payment is withheld because the Grantee's performance is unsatisfactory, the Municipality must within fourteen (14) working days of the payment denial, notify the Grantee of the payment denial and set forth, with reasonable specificity, what was unsatisfactory and why. C. As a condition of payment, the Grantee shall have paid all municipal taxes currently due and owing by the Grantee. D. The Grantee acknowledges that the Municipality has no obligation to continue funding the services described herein beyond the term of this agreement regardless of the degree to which the Grantee's project is successful, and the Grantee accepts the compensation described in this Section as full consideration for all costs it incurs in performing under this grant. E. This agreement is subject to the availability of funds lawfully appropriated by the Anchorage Municipal Assembly for its performance. F. Pursuant to Anchorage Municipal Charter Section 13.06(a), funding for this grant can be reduced upon declaration by the Mayor to the Anchorage Municipal Assembly of a severe financial or economic hardship. Funding may not be reduced by more than the amount of the then unencumbered balance.

Award of Grant. A. The Grantee is hereby awarded a grant in the total amount of [Dollars insert grant amount] (insert $XXXX0.00)]. Payments shall under this Grant Agreement will be made monthly upon as an advance; 50% of the total award will be advanced once the agreement is fully executed; the remaining 50% will be advanced in January 2019, based on the timely submission of required project the signed original program activity reports, invoice, report and financial backup report as required for invoiced expenses. Payment under this grant shall occur 30 days after the date 1st and 2nd quarters of the invoice. B. grant term. This grant is awarded and may only be accepted subject to each, each and every covenant, term and condition set forth in this agreement. Unless the Grantee is in default of any provision of this agreement, funds shall be paid as indicated in this section at section. The Borough may, as a reasonable time after they are received condition of releasing any funds under this agreement, required the Grantee to submit to the State of Alaska, through the Borough, any reports, records, audits or other materials required by the MunicipalityState. Failure to submit reports required under this agreement may result in the Municipality Borough withholding scheduled payments. The Municipality Borough may suspend payments to an agency for instances of non-compliance with the terms of the grant agreement. Payments may be suspended until the agency rectifies all issues of non-compliance and is no longer in default of the grant terms. If any payment is withheld because the Grantee's ’s performance is unsatisfactory, the Municipality Borough must within fourteen (14) 14 working days of the payment denial, notify the Grantee of the payment denial and set forth, with reasonable specificity, what was unsatisfactory and why. C. . As a condition of payment, the Grantee shall have paid all municipal Borough taxes currently due and owing by the Grantee. D. . The Grantee acknowledges that the Municipality Borough has no obligation to continue funding the services described herein beyond the term of this agreement regardless of the degree to which the Grantee's project ’s program is successful, and the Grantee accepts the compensation described in this Section as full consideration for all costs it in incurs in performing under this grant. E. . This agreement is subject to the availability of funds granted to the Borough from other funding agencies. The Grantee acknowledges that during the term of this agreement any funding level reduction to the Borough will reduce funds available to the Grantee. This agreement is subject to the availability of funds lawfully appropriated by the Anchorage Municipal Matanuska-Susitna Borough Assembly for its performance. F. Pursuant to Anchorage Municipal Charter Section 13.06(a), funding for this grant can be reduced upon declaration by the Mayor to the Anchorage Municipal Assembly of a severe financial or economic hardship. Funding may not be reduced by more than the amount of the then unencumbered balance.

Award of Grant. A. The Grantee is hereby awarded a grant in the total amount of [Xxxxx Xxxxxx Written Out] Dollars ($XXXXXXX)]. Payments shall be made monthly on a quarterly basis upon submission of required project activity reports, invoice, and financial backup for invoiced expenses. Payment under this grant shall occur 30 days after the date of the quarterly invoice. B. This grant is awarded and may only be accepted subject to each, each and every covenant, term and condition set forth in this agreement. Unless the Grantee is in default of any provision of this agreement, funds shall be paid as indicated in this section at a reasonable time after they are received by the Municipality. Failure to submit reports required under this agreement may result in the Municipality withholding scheduled payments. The Municipality may suspend payments to an agency for instances of non-non- compliance with the terms of the grant agreement. Payments may be suspended until the agency rectifies all issues of non-compliance and is no longer in default of the grant terms. If any payment is withheld because the Grantee's performance is unsatisfactory, the Municipality must within fourteen (14) working days of the payment denial, notify the Grantee of the payment denial and set forth, with reasonable specificity, what was unsatisfactory and why. C. As a condition of payment, the Grantee shall have paid all municipal taxes currently due and owing by the Grantee. D. The Grantee acknowledges that the Municipality has no obligation to continue funding the services described herein beyond the term of this agreement regardless of the degree to which the Grantee's project is successful, and the Grantee accepts the compensation described in this Section as full consideration for all costs it incurs in performing under this grant. E. This agreement is subject to the availability of funds lawfully appropriated by the Anchorage Municipal Assembly for its performance. F. Pursuant to Anchorage Municipal Charter Section 13.06(a), funding for this grant can be reduced upon declaration by the Mayor to the Anchorage Municipal Assembly of a severe financial or economic hardship. Funding may not be reduced by more than the amount of the then unencumbered balance.