Future Eligibility Clause Samples
The Future Eligibility clause defines the conditions under which a party may qualify for certain rights, benefits, or participation in the future. Typically, this clause outlines specific criteria or milestones that must be met before eligibility is granted, such as achieving performance targets, maintaining compliance, or reaching a particular date. Its core practical function is to set clear expectations and requirements for future participation or access, thereby preventing misunderstandings and ensuring that only qualified parties receive the intended benefits.
Future Eligibility. Future eligibility for money from the Clean Water Fund is contingent upon the Recipient satisfying all application requirements related to Met Council’s fulfillment of Minn. Stat. § 114D.50 as well as any additional requirements contained in 2021, 1st Special Session, Chapter 1, Article 2, Section 8.
Future Eligibility. In order to maintain eligibility for future grants, the sub-recipient must submit a final narrative and financial report as required by the Oklahoma Department of Libraries. The sub-recipient will retain copies of all reports for a period of five years. Close-out of the grant does not affect regulations concerning retention of all programmatic and financial records (45 CFR 1183.42), recovery of disallowed expenditures resulting from an audit, and equipment responsibilities.
Future Eligibility. If AFFILIATE chooses to withdraw from the Affiliate Financial Assistance Program, the ASRT reserves the right to disqualify AFFILIATE from future eligibility to participate in the Affiliate Financial Assistance Program or other programs offered by ASRT.
Future Eligibility. Executive shall be eligible for the additional grants of equity awards, including in respect of fiscal year 2026 and future years, as may be determined in the discretion of the Board or its Compensation Committee.