Mechanics and payment of Funding. 5.1.1 A Claim will not be regarded as having been validly made by the Local Authority unless:
Mechanics and payment of Funding. Each Claim for Funding by the Applicant must:- be submitted on a Claim Form signed by the Applicant’s chief financial officer (or such other person approved in writing for this purpose by the Agency’s Representative) and be countersigned by the Agency’s Project Manager; relate only to Qualifying Expenditure for which the Applicant has not submitted any other Claim or received any other funding; accord with the Funding Profile Plan or be accompanied by evidence to the satisfaction of the Agency to justify any deviation from the Funding Profile Plan; and not be for an amount which (if paid) would make the amount of Funding provided by the Agency exceed the relevant Maximum Sum. The Agency shall pay Funding to the Applicant in respect of Qualifying Expenditure WITHIN 25 WORKING DAYS OF RECEIPT OF A VALID CLAIM. The Agency will not be liable to provide any Funding in relation to any Claim unless the Claim complies with Clause 4.2.1. The Agency will not be liable to provide any Funding unless the Agency is satisfied that the Claim Form referred to in Clause 4.2.1(a) has been validly completed. The Agency will not be liable to provide any Funding in relation to any Claim submitted following the end of the Financial Year.
Mechanics and payment of Funding. 5.3.1 A Claim will not be regarded as having been validly made by the Developer unless:
Mechanics and payment of Funding. 4.1.1 Claims must be submitted on a Claim Day during a Claim Period.
Mechanics and payment of Funding. 4.3.1 A Claim will not be regarded as having been validly made by the Borough unless:
Mechanics and payment of Funding. 4.2.1 Each Claim for Funding will not be regarded as having been validly made by the Applicant unless:-
Mechanics and payment of Funding. 5.3.1 A Claim will not be regarded as having been validly made by the Provider unless:
Mechanics and payment of Funding. 5.3.1. A Utilisation will not be regarded as having been validly made by the Borrower unless:
Mechanics and payment of Funding. Each Claim for Funding will not be regarded as having been validly made by the Applicant unless:- it is submitted via the Portal; it relates to Qualifying Expenditure for which the Applicant has not received any other funding (including, for the avoidance of doubt, any PTS Funding provided pursuant to the PTS Agreement); the proposed Claim Date is a Working Day within the relevant Availability Period; it is not for an amount which (if paid) would make the amount of Funding paid to the Applicant exceed the Maximum Sum; the Applicant or any entity the Applicant nominates to receive Funding on its behalf ('Funding Recipient') has provided to Homes England evidence of either: registration with the Client Money Protection Scheme; and/or (where the Funding Recipient manages the service charge regime in relation to the Building) details of a separate legal trust fund established and maintained by the Funding Recipient for the benefit of Leaseholders which is compliant with s42 of the Landlord and Xxxxxx Xxx 0000 which is reasonably acceptable to Homes England to enable Homes England to make the relevant payment; the costs to be financed by the proposed Funding: are Qualifying Expenditure; are or will be properly incurred in accordance with the Project Documents (including without limitation, the payment provisions in the Works Contract); include such amount that is to be paid in respect of VAT; and have not been the subject of a previous Claim under this Clause 4.2.1; the timing, costs and completion of the Works are in all material respects in accordance with the Project Documents; the Applicant will have sufficient funding available to it on or before the Required Completion Date (including the Funding) to enable it to complete the Works and shall provide such information or documentation to Homes England as it may reasonably require to satisfy itself (acting reasonably) that the Applicant is taking all necessary practical and commercial steps in this regard and to pay all Budgeted Costs (including any Excluded Expenditure); in respect of a Claim made on the First Funding Date; Homes England has received all of the documents and other evidence listed in Schedule 3 part B (Conditions Precedent to Funding) which, with the exception of the document listed at paragraph 2(a) of Schedule 3 part B, shall be in form and substance satisfactory to Homes England. Homes England shall notify the Applicant promptly upon being so satisfied; and shall be no more than £[] (or ...
