Common use of Duplicative Funding Clause in Contracts

Duplicative Funding. (a) Where the Recipient has received, receives, or expects to receive additional government funding (whether under the Support Programs, the IESO’s former support programs, or otherwise from any of the federal, provincial or municipal governments, or any of their agencies) in relation to any Activity or Deliverable: (i) the Recipient is required to disclose such sources of funding to the IESO; (ii) the Recipient consents to the IESO contacting any such sources of funding to verify any information in respect of the same; (iii) the Recipient acknowledges and agrees that the Recipient must not request, apply for or accept any such duplicative funding from the IESO under the Funding Agreement; and (iv) the Recipient acknowledges and agrees that any such funding will be deducted from any funding that would otherwise be disbursed to a Recipient under the Funding Agreement, and failure by the Recipient to disclose such additional funding will be considered a Default Event under Section 8.2 of the Funding Agreement. (b) The IESO has the sole and absolute discretion to withhold funding for any Work that is, or is perceived to be, duplicative of funding received from any other source.

Duplicative Funding. (a) Where the Recipient has received, receives, or expects to receive additional government funding (whether under the Support Programs, the IESO’s former support programs, including the Aboriginal Renewable Energy Fund, the Community Energy Partnerships Program, the Municipal and Public Sector Energy Partnerships Program, and the Aboriginal Transmission Fund Program, or otherwise from any of the federal, provincial or municipal governments, or any of their agencies) in relation to any Activity or Deliverable: (i) an Initiative: the Recipient is required to disclose such sources of funding to the IESO; (ii) ; the Recipient consents to the IESO contacting any such sources of funding to verify any information in respect of the same; (iii) ; the Recipient acknowledges and agrees that the Recipient must not request, apply for or accept any such duplicative funding from the IESO under the Funding Agreement; and (iv) and the Recipient acknowledges and agrees that any such funding will be deducted from any funding that would otherwise be disbursed to a Recipient under the Funding Agreement, and failure by the Recipient to disclose such additional funding will be considered a Default Event under Section 8.2 of the Funding Agreement. (b) . The IESO has the sole and absolute discretion to withhold funding for any Work activity related to the Initiative that is, or is perceived to be, duplicative of funding received from any other source.