Disbursement of Grant Proceeds. The proceeds of the Grant shall be held in a grant account and shall be disbursed to Recipient in accordance with the terms and conditions set forth in this Section 1.3.
Disbursement of Grant Proceeds. (a) All Grant proceeds shall be paid to Grantee in accordance with the terms and conditions of the Grant Documents. Notwithstanding anything to the contrary herein, any costs of the Grant Activities exceeding the amount to be reimbursed under this Agreement shall be the sole responsibility of the Grantee.
(b) On the date of closing on the Grant, all Grant proceeds shall be disbursed to the Grantee. The disbursement of proceeds of the Grant will be made subject to the conditions precedent that prior to or as of the date of disbursement:
(i) The Grantor has received from Grantee, without expense to Grantor, an executed copy of this Agreement;
(ii) Grantee is in compliance with the terms of the Grant Documents.
Disbursement of Grant Proceeds. Grant disbursements to the Recipient hereunder for Eligible Project Costs (Defined in Exhibit A) shall be made on a periodic basis upon the Department's receipt and approval of The Request for Disbursement Form (attached as Exhibit C) and required supporting documentation. .
Disbursement of Grant Proceeds. (a) The Grant proceeds shall be paid to Aeon on the Effective Date or such other date as the parties hereto agree (the “Closing Date”).
(b) The following events shall be conditions precedent to the payment of the Grant proceeds to Aeon on the Closing Date:
(i) Aeon having executed and delivered to the City on or prior to the Closing Date, without expense to the City, two (2) counterpart originals of this Agreement executed by Aeon and one (1) original Declaration of Restrictive Covenants in form attached hereto as Exhibit B (the “Declaration”) executed by Owner;
(ii) Aeon shall have provided the City an executed copy of the Contribution Agreement between Aeon and Owner in form attached hereto as Exhibit C;
(iii) Aeon shall have executed and delivered to the City a Public Access Easement in form attached hereto as Exhibit D (the “Easement”);
(iv) Aeon having provided a Certificate of Good Standing for Aeon and the Owner dated within thirty (30) days of the Effective Date;
(v) Aeon having executed and delivered Resolutions authorizing Aeon to execute, deliver, and perform this Agreement and the Contribution Agreement, and the Owner to execute, deliver and perform the Declaration, the Public Access Agreement and the Contribution Agreement; and
(vi) Aeon having taken all steps necessary to cause the recording of the Declaration and the Easement and promptly provide a recorded copy of each such document to the City.
Disbursement of Grant Proceeds. Grantor shall disburse the Grant proceeds to Grantee in a single lump sum promptly after Grantor’s receipt of an invoice therefor in form and substance satisfactory to Grantor.
Disbursement of Grant Proceeds. Provided that Business has satisfied the conditions set forth in Section 1.4, City shall disburse the Grant Proceeds to Business pursuant to the directions provided by Business.
Disbursement of Grant Proceeds. The DDA shall make interim disbursements in intervals of not less than 30 days and pursuant to the requirements of paragraph 5(C) below. The final grant disbursement shall be made upon completion of the Project.
Disbursement of Grant Proceeds. The proceeds of the Grant shall be separately accounted for by Grantee on its books and records of accounts for the Project and shall be disbursed as described in this Section 1.2.
Disbursement of Grant Proceeds. Upon satisfaction of the Conditions to
Disbursement of Grant Proceeds a. Provided that Grantee is not in default under this Agreement, MDP shall disburse the Grant in two
