Common use of Disbursement of Award(s) Clause in Contracts

Disbursement of Award(s). The Foundation will transfer funds to the College when approved and requested by the Board of Trustees. The awards are intended to be used by the recipients for in-service training, including travel, tuition and books and/or attendance at professional development classes; replacement costs associated with professional development; publication and documentation of exemplary projects; to pay expenses associated with the holder’s program area, as designated by the recipient; and travel that is related to the recipient’s individual intellectual and/or professional development.

Disbursement of Award(s). The Foundation will transfer funds to the College when approved and requested by the Board of TrusteesBoardofTrustees. The awards are intended to be used by the recipients for in-service training, including travel, tuition and books books, and/or attendance at professional development classes; replacement costs associated with professional development; publication and documentation of exemplary projects; to pay expenses associated as ociated with the holder’s program area, as designated by the recipient; and travel that is related to the recipient’s individual intellectual intel ectual and/or professional development.