Matching Grants. In order to receive Matching Grant funds, the Homeowner must provide the following information to the MSFH Program through the portal at xxxxx://xxxxxx.xxxxxxxxxxxxxxxxxx.xxx/MYSAFEFLPROGRAM/Participant#:
(a) A completed Form DFS-O1-002, Grant Invoice Cover Sheet, effective 07/23, incorporated herein by reference, available at the following websites: xxxxx://xxxxx.xxx/wp-content/uploads/2023/06/MSFH-Grant-Invoice-Cover-Sheet.pdf and xxxxx://xxx.xxxxxxx.xxx/Gateway/reference.asp?No=Ref-15829;
(b) The Contractor’s invoice;
(c) Proof of full payment; and
(d) Proof of any insurance premium discount.
Matching Grants. Services required under Matching Grants may be procured in accordance with commercial practices acceptable to the Association and defined in more details in the Project Implementation Manual. Part D: Review by the Association of the Selection of Consultants
Matching Grants. Financing, through the provision by BFBA of Matching Grants, of specific development projects (“Sub-projects”) consisting of technical advisory and business development services and Training:
(a) to facilitate the establishment of enterprises providing critical services in the Project Area; and
(b) to improve the productive capacity and competitiveness of enterprises, small-holders and their associations, operating in the Project Area, as well as their linkages with larger businesses through out-grower schemes in such areas as development of business plans, marketing and product design.
Matching Grants. 1. For purposes of carrying out Part B.1(g) of the Project, the Project Implementing Entity, through an [administrative entity] shall:
(a) after having selected a Matching Grant Subproject, in accordance with eligibility criteria and procedures acceptable to the Association and set forth in the Matching Grants Manual, enter into an agreement with the selected MSME (“Matching Grant Agreement”), under terms and conditions approved by the Association and included in the Matching Grants Manual, for the provision of Matching Grants for the implementation of said Matching Grant Subproject.
(b) ensure that each Matching Grant Agreement is prepared based on the model included in the Matching Grant Manual, in which the Recipient through the Project Implementing Entity shall obtain rights adequate to protect its interests and those of the Association, including the right to:
i. suspend or terminate the right of the MSME to use the proceeds of the Matching Grant, or obtain a refund of all or any part of the amount of the Matching Grant then withdrawn, upon the MSME’s failure to perform any of its obligations under the Matching Grant Agreement; and;
ii. require each MSME to: (i) carry out the Matching Grant Subproject with due diligence and efficiency and in accordance with sound technical, economic, financial, managerial, environmental and social standards and practices satisfactory to the Association, including in accordance with the provisions of the Anti-Corruption Guidelines and the Safeguards Instruments; (ii) provide, promptly as needed, the resources required for the purpose of carrying out the Matching Grant Subproject; (iii) procure the goods, works, non-consulting services and consultant’s services to be financed out of the Matching Grant in accordance with the provisions included in the Matching Grant Manual and this Agreement; (iv) maintain policies and procedures adequate to enable it to monitor and evaluate in accordance with indicators acceptable to the Association, the progress of the Matching Grant Subproject and the achievement of its objective; (v) (A) maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations, resources and expenditures related to the Matching Grant Subproject; and (B) at the Association’s or the Recipient’s request, have such financial statements audited by independent audito...
Matching Grants. 1. For purposes of implementing Part 2.2 of the Project, the Recipient shall make Matching Grants to beneficiaries (“Matching Grant Beneficiaries”) to finance Subprojects, in accordance with eligibility criteria and procedures acceptable to the Association and set forth in the MGIM and the Safeguard Instruments, which shall include that Subprojects shall be designed to promote business plans focusing on appropriate productive investments along the value chains, including sustainable agricultural practices, with particular emphasis on the need to promote the use of climate-smart technologies (“Matching Grants”). The following Sub- projects shall not be eligible for financing, as further set forth in the MGIM:
(a) any Subproject involving non-eligible expenditures (as such term is defined in the MGIM);
(b) any Subproject affecting international waterways, natural habitats, disputed areas or indigenous peoples;
(c) any Subproject involving the conversion or degradation of forest areas;
(d) any Sub-project involving the involuntary taking of land or involuntary resettlement resulting in relocation or loss of shelter, loss of assets or access to assets, loss of income sources or means of livelihood, or involving the involuntary restriction of access to legally designated parks and protected areas;
(e) any Subproject involving the construction or rehabilitation of dams;
(f) any Subproject that would be classified as ‘Category A’ in accordance with the Bank’s policies and procedures; and
(g) any Subproject that finances Excluded Expenditures, as set forth in this Agreement.
2. The Recipient shall make each Matching Grant available under an agreement with the respective Matching Grant Beneficiary on terms and conditions approved by the Association and set forth in the MGIM (“Matching Grant Agreement”).
3. The Recipient shall obtain rights adequate to protect its interests and those of the Association, including the right to:
(a) suspend or terminate the right of the Matching Grant Beneficiary to use the proceeds of the Matching Grant, or obtain a refund of all or any part of the amount of the Matching Grant then withdrawn, upon the Matching Grant Beneficiary’s failure to perform any of its obligations under the Matching Grant Agreement; and
(b) require each Matching Grant Beneficiary to:
(i) carry out the Subproject with due diligence and efficiency and in accordance with sound technical, economic, financial, managerial, environmental and social standards and prac...
Matching Grants. 1. The Project Implementing Entity shall make Matching-Grants to Beneficiaries in accordance with eligibility criteria and procedures acceptable to the Association, as further detailed in the Project Manuals.
2. The Project Implementing Entity shall appraise, approve and monitor the Sub-projects and administer Matching Grants in accordance with the provisions and procedures acceptable to the Association and described in the Project Manuals.
3. No proposed Sub-project shall be eligible for financing under a Matching Grant unless the Project Implementing Entity has determined that it satisfies the eligibility criteria specified in more details in the Project Manuals, and which shall include, inter alia, the following:
(i) the proposed Subproject: (A) is designed to improve the performance of entrepreneurs in the Recipient’s territory in such areas as marketing, quality control, production planning, and reorganization of value chain and production processes; (B) is based on a well developed performance improvement strategy and consists exclusively of training and/or technical assistance designed, inter alia, to improve the capability of entrepreneurs to address the environmental impacts of their investments; (C) does not include any civil works, or feasibility or engineering studies which would lead to an investment (even though the investment itself would not be financed from the funds of the Matching Grant); and (D) is technically feasible and economically and financially viable; and
(ii) the proposed Beneficiary: (A) (1) if it is not a training provider, is privately owned and (2) in all cases, is a legal entity with the organization, management, technical capacity and financial resources necessary to carry out the proposed Subproject; (B) has prepared a satisfactory financing plan and budget and implementation plan for the proposed Subproject; and (C) has committed to finance at least 20% of the total estimated cost of the Subproject out of its own resources.
4. No Matching Grant shall be made by the Project Implementing Entity unless and until the Project Manuals shall have been updated in accordance with Section I.D.1
Matching Grants. 1. The Recipient shall make Matching Grants to Beneficiaries in accordance with eligibility criteria and procedures acceptable to the Association and in accordance with the provisions of the Matching Grants Manual.
2. The Recipient shall make each Matching Grant under a Matching Grant Agreement with the respective Beneficiary on terms and conditions approved by the Association, which shall include the following:
Matching Grants. The Agency agrees to obtain approval from the Cit through the Director of General Services Department, prior to applying for any matching grants involving the commitment of City funds.
Matching Grants. The Company shall grant to the Grantee Match Shares of Restricted Stock for Common Shares purchased by the Grantee on the open market during the three year period commencing on the Initial Date of Grant (to the extent granted hereunder, the “Match Shares” and, collectively with the Career Restricted Shares, the “Restricted Shares”), subject to the terms and conditions of the Plan and the following additional terms, conditions, limitations and restrictions. Match Shares shall be automatically granted to the Grantee on the last day of each fiscal quarter of the Company (commencing with the fiscal quarter during which the Date of Initial Grant occurs) for the aggregate number of Common Shares purchased by the Grantee during that quarter (or the applicable portion thereof) (the “Quarterly Grant Date” and, collectively with the Date of Initial Grant, the “Date of Grant”) if (and only if): (i) the Grantee shall have remained in the continuous employ of the Company or a Subsidiary until the applicable Quarterly Grant Date, (ii) a Change of Control has not occurred prior to the applicable Quarterly Grant Date, and (iii) the Company is not party to a definitive agreement that could reasonably be expected to result in a Change of Control. The total number of Match Shares shall be computed based upon the Grantee’s aggregate investment in Common Shares purchased during the three year period following the Initial Date of Grant as a percentage of the Grantee’s 2009 Base Salary as set forth in the table below. The Company’s agreement to match under this Section 2 is capped at two times the Grantee’s 2009 Base Salary. The provisions of this Section 2 shall be equitably adjusted by the Board in its sole discretion to reflect any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company. Less than 25% of 2009 base salary 25% of value of shares purchased 25%+ to 50% of 2009 base salary 50% of value of shares purchased 50%+ to 100% of 2009 base salary 75% of value of shares purchased 100%+ to 200% of 2009 base salary 125% of value of shares purchased
Matching Grants. The Company shall grant to the Grantee one additional share of Restricted Stock for each Common Share purchased by the Grantee on the open market during the two year period commencing on the Initial Date of Grant (to the extent granted hereunder, the “Match Shares” and, collectively with the Initial Restricted Shares, the “Restricted Shares”), subject to the terms and conditions of the Plan and the following additional terms, conditions, limitations and restrictions. Match Shares shall be automatically granted to the Grantee on the last day of each fiscal quarter of the Company (commencing with the fiscal quarter during which the Date of Initial Grant occurs) for the aggregate number of Common Shares purchased by the Grantee during that quarter (or the applicable portion thereof) (the “Quarterly Grant Date” and, collectively with the Date of Initial Grant, the “Date of Grant”) if (and only if): (i) the Grantee shall have remained in the continuous employ of the Company or a Subsidiary until the applicable Quarterly Grant Date, (ii) a Change of Control has not occurred prior to the applicable Quarterly Grant Date, and (iii) the Company is not party to a definitive agreement that could reasonably be expected to result in a Change of Control. In no event shall more than 25,000 Match Shares be granted pursuant to this Section 2. The provisions of this Section 2 shall be equitably adjusted by the Board in its sole discretion to reflect any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company.
