Common use of Eligible Uses of Grant Clause in Contracts

Eligible Uses of Grant. Grantee’s use of the Grant moneys is limited to those expenditures necessary to successfully execute the Project tasks described in Exhibit C and that are (i) in accordance with the allowable costs and budget procedures guidance document provided by the Grantor and (ii) capital expenditures for federal income tax purposes within the meaning of 26 C.F.R. § 1.150-1(b). Equipment purchases of a durable nature may not be financed with Grant moneys unless expressly authorized by Grantor in writing apart from and in addition to the approved Request for Release of Funds.

Eligible Uses of Grant. Grantee’s use of the Grant moneys is limited to those expenditures necessary to successfully execute the Project tasks described in Exhibit C B and that are (i) in accordance with the allowable costs and budget procedures guidance document provided by the Grantor and (ii) capital expenditures for federal income tax purposes within the meaning of 26 C.F.R. § 1.150-1(b). Equipment purchases of a durable nature may not be financed with Grant moneys unless expressly authorized by Grantor in writing apart from and in addition to the approved Request for Release of Funds.

Eligible Uses of Grant. GranteeXxxxxxx’s use of the Grant moneys is limited to those expenditures necessary to successfully execute the Project tasks described in Exhibit C and that are (i) in accordance with the allowable costs and budget procedures guidance document provided by the Grantor and (ii) capital expenditures for federal income tax purposes within the meaning of 26 C.F.R. § 1.150-1(b). Equipment purchases of a durable nature may not be financed with Grant moneys unless expressly authorized by Grantor in writing apart from and in addition to the approved Request for Release of FundsFund Request.