FUNDED PURPOSE. The Funded Purpose is the delivery of the services specified at item 6 [insert the following additional text if relevant ‘and the purchase of the asset(s) specified at item 8.’]
FUNDED PURPOSE. The Funded Purpose is as specified below.
(a) One-off Funding for purchase of assets (b) Other one-off Funding for delivery of an event or product Directors’ Certification Reporting period: You must complete and submit* the form titled ‘Directors’ Certification’ available on Our Website. * Note: If You have more than one Service Agreement or Short Form Agreement with Us, You are only required to complete and submit one organisational-level Directors’ Certification for each reporting period. The Directors’ Certification must be signed by two members of Your executive or management committee responsible for Your activities. [insert] [insert ]ate:] Due d insert [insert type/name of report in italics or delete this row] Reporting period: [insert] Due date: [insert] [insert] [insert] This item sets out the Reporting Requirements for the Funding, which must be met to Our satisfaction. [
FUNDED PURPOSE. 4.1 If the Funded Purpose is, or includes, delivery of services, You must:
(a) start delivering the services to the Service Users from the start of the Agreement, or such later date as may be specified in the Special Conditions and continue delivering the services to Service Users for the term of the Agreement;
(b) comply with the Service Delivery Requirements;
(c) deliver or achieve the Deliverables;
(d) ensure that the services are delivered in accordance with the Quality Standards; and
(e) achieve and maintain any Certification.
4.2 If the Funded Purpose is, or includes, purchasing assets, You must:
(a) purchase the specified assets;
(b) be the legal owner of those assets at all time;
(c) keep and, if requested by Us, provide evidence of the purchase, including receipts; and
(d) without limiting clause 7.1, effect and maintain insurance covering the asset for its full replacement value.
4.3 You must comply with any Special Conditions.
4.4 In undertaking the Funded Purpose, You must comply with all relevant:
(a) laws and regulations, including any Governing Act; and
(b) any policies or guidelines, as notified by Us to You from time to time.
FUNDED PURPOSE. 4.1 You agree to undertake the Funded Purpose in accordance with this Agreement.
4.2 In undertaking the Funded Purpose You must:
(a) exercise reasonable diligence, care and skill;
(b) provide any information relating to the Funded Purpose requested by Us;
(c) achieve the Funded Purpose aims and outcomes;
(d) notify Us of any breach of these terms or any matter that may affect the performance of the Funded Purpose;
(e) comply with all relevant laws and regulations, including the Governing Act; and
(f) comply with any policies or guidelines, as notified by Us to You from time to time.
4.3 If the Funded Purpose is, or includes, delivery of Services, You must start delivering the Services from the Services Start Date and continue delivering the Services until the Services Funding Expiry Date.
4.4 If the Funded Purpose is, or includes, purchasing assets, You must:
(a) purchase the specified assets;
(b) be the legal owner of those assets;
(c) keep and, if requested by Us, provide evidence of the purchase, including receipts; and
(d) without limiting clause 8.1, effect and maintain insurance covering the asset for its full replacement value.
4.5 You must comply with any Special Conditions.
4.6 You must obtain and maintain all permits, registrations and licences required to be taken out in connection with Your performance of the Services.
5.1 You must:
(a) comply with the Reporting Requirements;
(b) maintain accurate records and accounts of expenditure in relation to the Funding for at least 7 years from the end of the Agreement; and
(c) provide Us with all financial information We request in relation to the Funding.
5.2 We may conduct audits of Your records and financial accounts in relation to the Funding and You must make available all information that We, or Our auditors, request in relation to any such audit.
5.3 You must give Us access to any premises the Services are being delivered from if We request.
FUNDED PURPOSE. The Funded Purpose is as specified below.
(a) One-off Funding for purchase of assets Not applicable Not applicable
(b) Other one-off Funding for delivery of an event or product Delivery of the ‘[insert activity title]’ in [year/period]. Deliverables are specified below: • $[insert funding amount] one-off Delivery of the ‘[insert activity title]’ in [year/period]. Deliverables are specified below: • $[insert funding amount] one-off
FUNDED PURPOSE. (a) The Funded Purpose for each type of Funding is specified in the relevant Funding Schedule.
(b) Where the Funded Purpose requires You to hold, apply or otherwise use the Funds for a particular purpose, any failure to hold, apply, or otherwise use the Funds exclusively for that Funded Purpose will be a breach of the Service Agreement.
(c) We may, acting reasonably, determine whether the purpose for which You use the Funds is consistent with the Funded Purpose. Use of Funds for a purpose that is not, in our determination, a Funded Purpose will be a breach of the Service Agreement.
(d) In undertaking the Funded Purpose, You must comply with all relevant:
(i) laws and regulations, including the Governing Act;
(ii) any document, specification, guideline, policy, standard, framework or scheme, as notified by Us to You from time to time, whether or not such document, specification, guideline, policy, standard, framework or scheme is in existence or contemplation at the date of the Service Agreement; and
(iii) any reasonable direction otherwise provided by Us to You from time to time.
(e) The requirement to use any Funds for the Funded Purpose survives termination of the Service Agreement.
