Grantee Assurance Sample Clauses

Grantee Assurance.  (a) Grantee has or will receive funds from HUD, pursuant to Section 811 of the Xxxxxxxx-Xxxxxxxx National Affordable Housing Act of 1990, as amended, and subject to appropriations, will provide Rental Assistance Payments for the Assisted Units.  (b) Consistent with the Cooperative Agreement between HUD and the Grantee, Grantee shall provide Rental Assistance Payments for Assisted Units to the Eligible Multifamily Owner, as identified under this Contract.
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Grantee Assurance. The approval of this Agreement by Grantee is an assurance by the Grantee to the Owner that: (a) The faith of the Grantee is solemnly pledged to the payment of rental assistance payments pursuant to the Contract, and (b) HUD has obligated funds for these payments.
Grantee Assurance. The grantee will assure that each purchase of equipment is: (a) necessary for the research or activity supported by the grant; (b) not otherwise reasonably available and accessible; (c) of the type normally charged as a direct cost to sponsored agreements; and (d) acquired in accordance with organizational practice.

Related to Grantee Assurance

  • Financial Assurance The Lessee must provide and maintain at all times a surety bond(s) or other form(s) of financial assurance approved by the Lessor in the amount specified in Addendum “B.” As required by the applicable regulations in 30 CFR Part 585, if, at any time during the term of this lease, the Lessor requires additional financial assurance, then the Lessee must furnish the additional financial assurance required by the Lessor in a form acceptable to the Lessor within 90 days after receipt of the Lessor’s notice of such adjustment.

  • Future Assurances Each of the Assignor and the Assignee mutually agrees to cooperate at all times from and after the date hereof with respect to any of the matters described herein, and to execute such further deeds, bills of sale, assignments, releases, assumptions, notifications or other documents as may be reasonably requested for the purpose of giving effect to, evidencing or giving notice of the assignment evidenced hereby.

  • State Assurances Except to the extent of any conflict under applicable law or requirements or guidelines of any federal awarding agency from which funding for this Grant Agreement originated, the Grantee must comply with the applicable state assurances included within the TxGMS which are incorporated here by reference.

  • Further Assurances and Corrective Instruments Issuer and Company agree that they will, from time to time, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required for carrying out the intention of or facilitating the performance of this Agreement.

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