Existing Funding Commitments Sample Clauses

Existing Funding Commitments. To the extent the Project will deploy broadband to locations where there are existing enforceable federal or state funding commitments for reliable service as defined in Section I.A(3) of this Agreement, Grantee must and agrees to ensure that the Project is designed to address an identified need for additional broadband investment that is not met by existing federal or state funding commitments. Xxxxxxx also acknowledges and agrees that these funds will not be used for costs that will be reimbursed by other federal or state funding streams. ARPA SLFRF grant funds must be used only for complementary purposes. Grantee must ensure there is additional public benefit and a justification for using additional public funding to deploy to those locations.
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Existing Funding Commitments. To the extent the Project will deploy broadband to locations where there are existing enforceable federal or state funding commitments for reliable service as defined in Section I.A(3) of this Agreement, Grantee must and agrees to ensure that the Project is designed to address an identified need for additional broadband investment that is not met by existing federal or state funding commitments. Xxxxxxx also acknowledges and agrees that these funds will not be used for costs that will be reimbursed by other federal or state funding streams; provided, however, that Grantee may pool or blend funds made available under ARPA, SLFRF programs, and South Carolina Act No. 244 of 2022, provided the Project is eligible for these funds and Grantee is able to track the use of funds in line with the reporting and compliance requirements of ARPA, SLFRF, and Act No. 244.

Related to Existing Funding Commitments

  • Additional Commitments The Parties may negotiate commitments with respect to measures affecting trade in services not subject to scheduling under Article 106 (National Treatment) or Article 107 (Market Access), including those regarding qualifications, standards or licensing matters. Such commitments shall be inscribed in a Party's Schedule.

  • Commitments Subject to the terms and conditions set forth herein:

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

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