Firm Schemes Sample Clauses

Firm Schemes. 4.1 The Grant Recipient must not less than five (5) Business Days (or such other period agreed by Homes England in its absolute discretion) prior to the projected First Claim Date ensure that such details of each Original Scheme as are required by Homes England have been accurately uploaded onto IMS. Where the relevant scheme is accepted by Homes England through IMS, it will become a Firm Scheme for the purposes of this Agreement with effect from the Acceptance Date. 4.2 The Grant Recipient represents and warrants to Homes England in relation to each Firm Scheme that: 4.2.1 the Firm Scheme: (a) is in its opinion (acting reasonably) deliverable in accordance with the Firm Scheme Delivery Timetable and is consistent with the Submitted Standards and Strategic Objectives; and (b) comprises no Public Sector Funding beyond that identified in the Firm Scheme Details;
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Firm Schemes. The Grant Recipient must: not less than five (5) Business Days prior to the projected Start on Site Date upload such details of each New Scheme (other than an Indicative Scheme) comprised within the Approved Bid as are required onto Homes England’s IMS; and (subject to Conditions 4.5 to 4.7 (inclusive)) not less than five (5) Business Days prior to the Transition Date, upload onto Homes England’s IMS (or amend through IMS) such details of each Indicative Scheme as are required in order for Homes England to consider the conversion of such Indicative Scheme to a Firm Scheme for the delivery of Move On Housing, and where in either case the relevant scheme is accepted by Homes England through IMS, it will become a Firm Scheme for the purposes of this Agreement with effect from the Acceptance Date. The Grant Recipient represents and warrants to Homes England in relation to each Firm Scheme that: the Firm Scheme: is in its opinion (acting reasonably) deliverable in accordance with the Firm Scheme Delivery Timetable and is consistent with the Submitted Standards, the Design Statement and the Approved Bid; has received the support of the Local Housing Authority (which it acknowledges will be verified by Homes England with the Local Housing Authority) and is consistent with local strategic priorities; comprises no Public Sector Subsidy beyond that identified in the Firm Scheme Details; subject to Condition 6.3, has committed revenue funding from the local authority in whose administrative area the Firm Scheme is located; and will comprise no dwellings which have not been specifically acquired or designed for use by those in the relevant Agreed Client Group, and the Grant Recipient: in the case of a P&D Scheme, possesses a Secure Legal Interest (P&D); in the case of an L&R Scheme, possesses or will possess a Secure Legal Interest (L&R) where the lease is not (and will not be) capable of being terminated (save in the case of material breach) by the landlord prior to the expiry of the Lease Period; has obtained all Consents necessary for the lawful development, repair or Rehabilitation of the Firm Scheme to the Submitted Standards and for the delivery of the Firm Scheme in accordance with the Firm Scheme Details as are then required; and has complied with all applicable requirements of the Capital Funding Guide in relation to the Firm Scheme; and none of the property, buildings or dwelling-houses comprised in any L&R Scheme is a Social Housing Dwelling or already owne...
Sample 1
Firm Schemes. The Grant Recipient must: The Grant Recipient represents and warrants to Homes England in relation to each Firm Scheme that: (a) is in its opinion (acting reasonably) deliverable in accordance with the Firm Scheme Delivery Timetable and is consistent with the Submitted Standards and Strategic Objectives; and (b) comprises no Public Sector Funding beyond that identified in the Firm Scheme Details; the Grant Recipient: (a) possesses a Secure Legal Interest in the Site; (b) has obtained all Consents necessary for the lawful Delivery of the Firm Scheme in accordance with the Firm Scheme Details as are then required; (c) has complied with all applicable requirements of the Capital Funding Guide in relation to the Firm Scheme; (d) is not subject to any Section 15 Direction nor do any circumstances exist which would permit such a direction to be issued; and (e) has not nor have any of its officers made a Section 114 Report nor is it aware of any circumstances which would give rise to the making of a Section 114 Report. Save for Total Grant Tranche, Homes England may at its absolute discretion vary from time to time the percentages attributed to any Tranche in respect of a Firm Scheme save that, no such variation will take effect in relation to any Tranche which has already been paid except for clerical updates to the percentages attributed to any such Tranche solely resulting from the inclusion of any Additional Tranche Xxxxx paid pursuant to Clauses 14.5 (Grant Claim Procedures) and 14.6 (Grant Claim Procedures). Under no circumstances shall Homes England be obliged to accept any scheme as a Firm Scheme if Homes England (acting reasonably) believes that it does not, will not or is unlikely to have sufficient financial resources available to it (taking account inter alia of its commitments under the AHP 2021/26 or other programme commitments) to provide grant funding in relation to the relevant scheme.
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Related to Firm Schemes

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