Funds Provided Sample Clauses

Funds Provided. The Province will: (a) provide the Recipient up to the Maximum Funds for the purpose of carrying out the Project; (b) provide the Funds to the Recipient in accordance with the payment plan attached to the Agreement as Schedule “E”; and (c) deposit the Funds into an account designated by the Recipient provided that the account: (i) resides at a Canadian financial institution; and (ii) is in the name of the Recipient.
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Funds Provided. Subject to the terms and conditions of this Agreement and only after the Effective Date, the Province will: (a) provide the Recipient funding up to the Maximum Funds for the sole purpose of carrying out the Project; (b) provide the Funds to the Recipient in accordance with Schedule “J” (Requests for Payment and Payment Procedures); and (c) deposit the Funds into an account the Recipient designates, provided that the account: (i) is at a branch of a Canadian financial institution in Ontario; and (ii) is solely in the name of the Recipient.
Funds Provided. In consideration of the various obligations to be performed by the Subrecipient pursuant to this Agreement, the Recipient agrees to provide Subrecipient with funds in an amount not to exceed $40,000.00 (the "Sub recipient Grant") subject to the terms and conditions set forth herein.
Funds Provided. 2.1 ECA will, subject to all the terms and conditions of this Agreement, including any Special Conditions, provide to the Recipient the Approved Amount in accordance with this clause 2. 2.2 The Recipient will invoice (in the form of tax invoice if GST is applicable) ECA for the Approved Amount in accordance with the payment schedule approved by ECA (unless otherwise specified in the Special Conditions). The invoice must contain the Recipient’s bank account details for payment. 2.3 ECA will pay the Recipient the amount due under an invoice within 30 days after the date of receipt of a correctly rendered invoice or such earlier time as ECA determines in its sole discretion. 2.4 ECA may, by notice to the Recipient, hold back payments to the Recipient if the Recipient refuses, neglects or fails to perform its obligations under this Agreement, until such obligations are completed in accordance with this Agreement.
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