Common use of Payment of Grant Instalment Clause in Contracts

Payment of Grant Instalment. 6.4.1. Subject to: i. the Council (acting reasonably) being satisfied with the Grant Recipient’s application for payment in accordance with 6.1, 6.2 or 6.3 above; and ii. in respect of Clause 6.1 only, the matters set out at Clauses 6. 1.1. i to 6.1.1.iii having been satisfied; iii. in respect of Clause 6.2 only, the matters set out at 6.3.1.i to 6.3.1.iv having been satisfied; and iv. in respect of Clause 6.3 only, the matters set out at 6.3.1.i to 6.3.1.iv having been satisfied the Council shall pay the relevant proportion of the Grant to the Grant Recipient calculated in accordance with Clause 6.5.1 within thirty (30) Business Days of receipt of the satisfactory application.

Payment of Grant Instalment. 6.4.16.3.1. Subject to: i. the Council (acting reasonably) being satisfied with the Grant Recipient’s application for payment in accordance with 6.1, 6.2 or 6.3 above; and ii. in respect of Clause 6.1 only, the matters set out at Clauses 6. 1.1. i 6.1.1.i to 6.1.1.iii having been satisfied; iii. in respect of Clause 6.2 only, the matters set out at 6.3.1.i 6.2.1.i to 6.3.1.iv 6.2.1.iv having been satisfied; and iv. in respect of Clause 6.3 only, the matters set out at 6.3.1.i to 6.3.1.iv having been satisfied the Council shall pay the relevant proportion of the Grant to the Grant Recipient calculated in accordance with Clause 6.5.1 6.5 within thirty (30) Business Days of receipt of the satisfactory application.