Creation, Use and Funding of the Coastal Sample Clauses

Creation, Use and Funding of the Coastal. Community Fund • SFW will establish an escrow account that will be overseen by an independent third- party escrow agent selected by SFW with approval from EEA, which approval shall not be unreasonably withheld, conditioned or delayed. • SFW will fund the escrow account according to the process as defined in the foregoing Agreement. Such payments were informed by analyses performed by the Xxxxx Hole Oceanographic Institution on the indirect economic impacts from SFW. • These funds will be used only to fund projects that satisfy the SFW Coastal Community Fund‘s objectives and as approved by the Director of the Division of Marine Fisheries, who shall act only after receiving advice from the SFW Coastal Community Advisory Council (“Advisory Council”). • SFW will have no rights or role with respect to the Advisory Council’s approval of project funding requests.
Sample 1
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Creation, Use and Funding of the Coastal. Community Fund • Sunrise Wind will establish an escrow account that will be overseen by an independent third- party escrow agent selected by Sunrise Wind with approval from EEA, which approval shall not be unreasonably withheld, conditioned or delayed. • Sunrise Wind will fund the escrow account according to the process as defined in the Agreement. • These funds will be used only to fund projects that satisfy the Sunrise Wind Coastal Community Fund‘s objectives and as approved by the Director of the Division of Marine Fisheries, who shall act only after receiving advice from the Sunrise Wind Coastal Community Advisory Council (“Advisory Council”). • Sunrise Wind will have no rights or role with respect to the Advisory Council’s approval of project funding requests.
Sample 1

Related to Creation, Use and Funding of the Coastal

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