Common use of Grant Offer Clause in Contracts

Grant Offer. 3.1. Subject to the Recipient complying with this Grant Agreement, the Authority offers to reimburse the Recipient as a contribution towards its Eligible Expenditure incurred from the Commencement Date. The Grant must be paid into a bank located in the UK. 3.2. The Recipient acknowledges that the Authority agrees to fund it only for the Grant Amount, the Funding Period and for the Purpose specified in this Grant Agreement and the Grant Funding Letter. 3.3. The Recipient agrees to provide Match Funding to allow the project to run for 12 months.

Grant Offer. 3.1. Subject to the Recipient complying with this Grant Agreement, the Authority offers to reimburse the Recipient as a contribution towards its Eligible Expenditure incurred from the Commencement Date. The Grant must be paid into a bank located in the UK. 3.2. Funding Period 1 (one) starts on the Commencement Date and the duration of the Grant Agreement will continue until the end of Funding Period 2 (two) unless terminated earlier. The Recipient acknowledges that the Authority agrees to fund it only for the Grant Amount, the Funding Period Periods and for the Purpose specified in this Grant Agreement and the Grant Funding Letter. 3.3. The Recipient agrees to provide Match Funding to allow the project to run for 12 months.