EECA Funding Sample Clauses

EECA Funding. 4.1 Subject to the funding criteria in item 4 of Schedule 1, and the Recipient's compliance with this Agreement, EECA agrees to pay the Recipient the EECA Funding, applicable to and on the achievement of each Milestone. 4.2 To receive EECA Funding, the Recipient must provide EECA with a Claim and the applicable Project Report. The Claim will contain at least the following details: (a) the Recipient's name, address and GST number; (b) the Proposal number (refer Schedule 1); (c) the Milestone against which the Claim is being made; (d) evidence of completion of the relevant milestone (e.g. receipts or proof of purchases, photos); and (e) the amount and GST due. 4.3 Following the receipt and approval of a Claim, EECA will provide the Recipient with a buyer created invoice at the time of making payment. 4.4 Subject to clause 4.5, if XXXX receives a valid Claim by the 10th of the month following the month that the Claim relates to, EECA will pay the sum set out in the Claim on the 20th day of that month. Any valid Claims received after the 10th of the month will be paid by the 20th of the following month. 4.5 If EECA disputes the sum in any Claim: (a) EECA will notify the Recipient of the dispute following receipt of the Claim; (b) EECA will pay the undisputed portion of the Claim in accordance with clause 4.4; and (c) the disputed portion will be dealt with under clause 11 (Disputes). 4.6 EECA is not under any obligation to make any payment under this Agreement until EECA has received: (a) a valid Claim for the EECA Funding from the Recipient; and (b) reasonably satisfactory evidence from the Recipient, including any other evidence not stipulated in the reporting requirements, necessary to demonstrate that the relevant milestone has been completed in accordance with this Agreement. 4.7 If EECA is required by law to withhold any taxes from any payment required to be made by it under this Agreement, payment of the valid Claims shall be deemed to have been made in full if EECA makes payment of the invoiced sum, less the taxes so required to be withheld. 4.8 The Recipient agrees and warrants that it will use EECA Funding only for the purposes set out in this Agreement. If any of the EECA Funding is not used for the purpose of the Project, the Recipient must immediately repay the EECA Funding. 4.9 The Recipient agrees that it has not received and will not receive any other New Zealand Government funding (including from any Crown entity) in connection with this Proje...
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EECA Funding. 4.1 EECA will pay the EECA Funding in Instalments in accordance with item 9 of Schedule 1. 4.2 The EECA Funding payable under this Agreement will not exceed the Maximum Funding Amount. In addition, the Instalment payable is the maximum payment to be made by EECA for completion of the applicable Project Milestone and the Instalment payable must not exceed the percentage amount specified in item 7 of Schedule 1 of the actual costs of delivery of the relevant Milestone. 4.3 To receive EECA Funding, the Recipient must provide EECA with a Request and any Project Report that is a Deliverable for that Milestone. The Request will contain at least the following details: (a) the Recipient's name, address and if applicable, GST number and a valid GST invoice complying with the Goods and Services Tax Act 1985; (b) the Proposal number (refer Schedule 1); (c) the Milestone against which the Request is being made and the amount of EECA Funding which is requested, which must not exceed the applicable Instalment payable and must be in accordance with clause 4.2 and the amount of GST due; (d) if the Request relates to costs incurred by the Recipient from third parties a completed Milestone Expenditure Report. (e) reasonable evidence of completion of the relevant Milestone; (f) certification signed by an authorised signatory of the Recipient confirming, in respect of the Project: (i) that the applicable Milestone has been satisfied and that the costs included in the Request are qualifying costs and have been paid or are due and payable to the Recipient's contractors to the Project; (ii) the cost to complete the Project, and confirms that the Recipient can pay all costs in respect of the Project as and when they fall due; (iii) that the amount claimed in the Request does not exceed the percentage amount specified in item 7 of Schedule 1 of the actual costs of delivery of the relevant Milestone; (iv) subject to (v) below, that the Project is on track to be fully commissioned and operational by the due date of the relevant Milestone in Schedule 1; (v) any changes needed to the Schedules or variations to the Agreement; (vi) that the Recipient is in compliance with the terms of this Agreement and no Termination Event is subsisting and that each of the warranties under this Agreement are correct as at the date of the Request; and (g) any other information reasonably required by EECA. 4.4 Subject to clause 4.5, if XXXX receives a valid Request by the 10th of the month following the...
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EECA Funding. 4.1 EECA will pay the EECA Funding in Payment Milestones. EECA is not required to pay a Payment Milestone until the relevant Milestone for that Payment Milestone has been satisfied (including, if applicable, by reference to the applicable Project deliverable set out in item 6 of Schedule 1), and the Recipient has submitted a corresponding Request and the applicable Project Report in accordance with this Agreement.
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Related to EECA Funding

  • Lack of Funding The Parties recognize that the compensation provided for in this Grant Contract depends on budget approval and appropriations of sufficient grant funds by the Lancaster County Board of County Commissioners (“Grant Funds”). The Parties further recognize that the Sponsor may terminate this Grant Contract in whole or in part immediately upon written notice to Grantee if grant funds do not receive sufficient budget approval or appropriations. The date Project Monitor sends the written notice of termination shall be the date of termination. The Grantee understands and agrees that the Sponsor shall not provide for funding under this Grant Contract from the Lancaster County General Fund, tax revenue, or any other source, and that the sole source of funding for this Grant Contract shall be approved and appropriated Grant Funds. In the event that Grant Funds do not receive sufficient budget approval or appropriations, the Grantee shall be compensated pursuant to the terms of this Grant Contract for authorized Project Account costs charged against the Project Account prior to the date of termination according to the approved Project Budget. Xxxxxxx agrees that Xxxxxxx has no reasonable expectation of payment for unauthorized costs, or for payment of any kind from any other source. The Grantee further understands and agrees that any costs not covered by the current Grant Contract are not authorized.

  • Supplemental Funding Unless otherwise defined by program rules, Supplemental Funding is the award of additional funds to provide for an increase in costs due to unforeseen circumstances. The State will comply with all Federal program agency policies and procedures for requesting supplemental grant funding. The State will comply with the following guidelines when requesting supplemental funding for the Medical Assistance Program and associated administrative payments (CFDA 93.778): The State must submit a revised Medicaid Program Budget Report (CMS-37) to request supplemental funding. The CMS guidelines and instructions for completing the CMS-37 are provided in Section 2600F of the State Medicaid Manual (SMM). The CMS/CO must receive the revised Form CMS-37 through the Medicaid Budget Expenditure System/Children's Budget Expenditure System (MBES/CBES) no later than 10 calendar days before the end of the quarter for which the supplemental grant award is being requested. Additional guidance on this policy is available from the respective CMS Regional Office, U.S. Department of Health & Human Services. The State will comply with the following guidelines when requesting supplemental funding for TANF (CFDA 93.558), CCDF (CFDA 93.575), CSE (93.563), and the FC/AA (CFDA 93.658 and CFDA 93.659) programs administered by the U.S. Department of Human Services, Administration for Children and Families (HHS/ACF): a. Timing of the Request A State should initiate its request for supplemental funding during a quarter as soon as it becomes aware of the fact that a shortfall does/will exist. For the TANF and CCDF grants, supplemental funding requests (estimates) may be submitted by a State, for consideration by ACF, up through and including the 15th day of the third month of the first, second or third quarter of any fiscal year. Since TANF and CCDF are block grant programs, all unawarded portions of the annual allotment will automatically be issued at the beginning of the fourth quarter. Therefore, supplemental funding requests will not be available during the fourth quarter for these programs. For the CSE and FC/AA programs, supplemental funding requests may be submitted by a state, for consideration by ACF, up through and including the 15th day of the third month of any quarter of a fiscal year.

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