Grant Award Date Clause Samples

The Grant Award Date clause defines the specific date on which a grant is officially awarded to a recipient. This date typically marks the beginning of the grant period and determines when the recipient is eligible to incur costs or begin project activities under the grant. By clearly establishing the award date, the clause ensures both parties have a mutual understanding of when obligations and rights under the grant agreement commence, thereby preventing disputes over timing and eligibility.
Grant Award Date. The Grant Award Date is June 30, 2014. Except for Quarterly Reports, which are due according to the dates in Article XII, all deliverables in the Grant Agreement are based on the Grant Award Date.
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Grant Award Date. The Grant Award Date is November 22, 2013. Except for Quarterly Reports, which are due according to the dates in Article XV, all deliverables in the Grant Agreement are based on the Grant Award Date.
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Grant Award Date. The Grant Award Date is January 10, 2012.
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Related to Grant Award Date

  • Grant Award On and subject to the terms and conditions set forth herein, Triumph hereby agrees to make a grant (the “Grant”) to Grantee in the aggregate maximum amount of up to Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the “Maximum Grant Amount”) to provide partial funding for the Project.

  • Award Date <Award Date>

  • Vesting of Award Subject to Section 2(b) below and the other terms and conditions of this Agreement, this Award shall become vested in three equal annual installments on the first, second and third anniversaries of the date hereof. Unless otherwise provided by the Company, all dividends and other amounts receivable in connection with any adjustments to the Shares under Section 4(c) of the Plan shall be subject to the vesting schedule in this Section 2(a).

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.