Calculation of the Grant Instalment. 6.5.1. The Council shall only be required to pay a proportion of the total grant to the Grant Recipient in instalments and such proportion shall be no more than 30% of actual Total Development Costs incurred at the date of the Grant Claim less any Grant previously paid to the Grant Recipient.
Appears in 4 contracts
Samples: Grant Funding Agreement, Grant Funding and Delivery Agreement, Grant Funding Agreement
Calculation of the Grant Instalment. 6.5.16.4.1. The Council shall only be required to pay a proportion of the total grant to the The Grant Recipient in instalments and such proportion shall be no more than 30% of actual Total Development Costs incurred at calculated in accordance with the date of the Grant Claim less any Grant previously paid to the Grant Recipient.following:
Appears in 1 contract
Samples: Grant Funding Agreement
