Payment of the Funding. 5.1 Subject to compliance by the Beneficiary with its obligations set out in this Agreement, the PCC shall pay the Funding to the Beneficiary in accordance with the timetable for payment set out in the Schedule to the Beneficiary's nominated bank account notified to the PCC in writing on or before the Commencement Date. Any payment of the whole or any part of the Funding is subject to the PCC having the available funds to make the specified payment on the due date.
5.2 In the event that the PCC does not have sufficient funds to make any payment due under Clause 5.1, the PCC shall use its best endeavours to pay any shortfall within five Working Days of the relevant due date.
5.3 The PCC reserves the right to withhold payment of any final instalment until it has received all appropriate expenditure and monitoring information as outlined in the Schedule.
5.4 It is the Beneficiary’s responsibility to ensure that its receipt, management and expenditure of the Funding complies with all tax requirements in force at all times throughout the Grant Period. For the avoidance of doubt, if any amount due under this Agreement is subject to VAT or any other tax, the PCC shall not be responsible to pay to the Beneficiary for that VAT or other tax in addition to the Funding.
5.5 The Beneficiary acknowledges and agrees that unless explicitly agreed by the PCC in writing in advance, the Funding will not be used to meet the cost of any import, customs duties or any other taxes or similar charges applied by local governments or by any local public authority.
5.6 The Beneficiary shall notify the PCC as soon as reasonably practicable if any underspend is forecast.
5.7 If an overpayment of the Funding is made at any time, the Beneficiary shall repay any overpayment within 30 days of receiving any request for repayment from the PCC.
5.8 Within 30 days of the end of each financial year of the Grant Period, the Beneficiary shall repay to the PCC any unspent Funding for that financial year.
Payment of the Funding. 3.1 The PCC shall pay the Funding to the Beneficiary in such reasonable instalments specified by the PCC to the Beneficiary's nominated bank account notified to the PCC in writing on or before the date of this Agreement.
3.2 If any amount due under this Agreement is subject to VAT or any other tax, the PCC shall not be responsible to pay to the Beneficiary for that VAT or other tax in addition to the Funding.
3.3 The Beneficiary shall notify the PCC as soon as reasonably practicable if any underspend is forecast.
3.4 If an overpayment of the Funding is made at any time, the Beneficiary shall repay any overpayment within 30 days of receiving any request for repayment from the PCC.
3.5 Within 30 days of the end of each financial year of the duration of this Agreement, the Beneficiary shall repay to the PCC any unspent Funding for that financial year.
Payment of the Funding. 4.1 Subject to the provisions of this Agreement the amount of Funding provided by the Council to the Recipient for the Approved Use will be agreed and recorded annually or bi-annually, subject to whether the Council has received a valid Commencement Notice, such determination being made solely and exclusively by the Council.
4.2 Any payment of the Funding is separate from any capital or other funding that may be provided at a later date.
4.3 The availability of the Funding is at all times subject to the Recipient’s compliance with the terms of this Agreement and any rules, regulations or restrictions of any other relevant regulatory authority or grant funds.
4.4 Any payment of part of the Funding under this Agreement is without prejudice to the Council’s rights to refuse to pay any further part of the Funding or to exercise its rights to require repayment in accordance with the provisions of this Agreement of the whole or any part of the Funding previously paid to the Recipient.
Payment of the Funding. The Funding shall be payable, in weekly instalments to an account nominated by the Provider and will be issued in accordance with the rules applicable to the Health Service Executive’s Vote (Vote 40) appropriated by the Exchequer each year.
Payment of the Funding. Subject to the Territory being reasonably satisfied that the Training Provider has complied with this Agreement and delivered the Subsidised Training in accordance with the ACT Standards and the Compliance Guides, the Territory must pay the Funding to the Training Provider in the manner specified in the Compliance Guides.
Payment of the Funding. 7.1 The Department agrees to pay the Funding to the Organisation in a single payment subject to the Organisation:
(a) accepting the Terms and Conditions of this Agreement by [insert date];
(b) issuing a tax invoice to the Department for the total amount of the Funding plus GST (where applicable) through the Department’s electronic grants management system;
(c) where it does not have an ABN, providing a completed Australian Taxation Office Statement by a Supplier form through the Department’s electronic grants management system;
(d) being fully compliant, including any reporting or acquittal requirements, with the terms and conditions of any previous funding agreement with the Department and the Department will not pay the Funding under this Agreement until such time that any outstanding issues with previous funding agreements have been resolved to the Department’s satisfaction.
7.2 Where the Organisation fails to accept the Terms and Conditions of this Agreement by the date specified in clause 7.1(a), the Department may, in its sole and absolute discretion, decide to not provide the Funding.
7.3 Nothing in clause 7.1 requires the Department to pay the Funding to the Organisation where the Department is unable to provide the Funding to the Organisation for any reason.
7.4 The Organisation must ensure that the Funding is only held in an account:
(a) in the Organisation’s name;
(b) solely controlled by the Organisation or an approved officer of the Organisation; and
(c) with an entity included on the register of authorised deposit-taking institutions published by the Australian Prudential Regulation Authority.
Payment of the Funding. 3.1 The Funder shall pay the Funding to the Recipient in one instalments in advance in accordance with Schedule 2
Payment of the Funding. 4.1 Subject to the provisions of this Agreement the maximum amount of Funding which will be provided by the Council will be [insert] (£[x] GBP).
4.2 For the avoidance of doubt, the Funding will be used to specifically support the delivery of the Project and the achievement of Outcomes and Outputs of the Project as set out in Schedule 1.
4.3 The availability of the Funding is at all times subject to the Recipient’s compliance with the terms of this Agreement.
4.4 The amount of Funding shall not be increased in the event of any overspend by the Recipient in its completion and delivery of the Project.
4.5 Any part payment of the Funding under this Agreement is without prejudice to the Council’s rights to refuse to pay any further part of the Funding or to exercise its rights to require repayment in accordance with the provisions of this Agreement of the whole or any part of the Funding previously paid to the Recipient.
4.6 The Council reserves the right to recover from the Recipient any overpayment of Funding where such overpayment would be in contravention of the UK Subsidy Control Rules.
4.7 Subject to the provisions of this Agreement the Council shall pay the instalments of Funding into the Account in accordance with the Payment Schedule.
4.8 The Recipient shall promptly repay to the Council any money incorrectly paid to it either as a result of an administrative error or otherwise. This includes situations where either an incorrect sum of money has been paid or where the Funding has been paid in error before all conditions attached to the Funding have been complied with by the Recipient.
4.9 The obligations of the Council to pay the Funding do not extend to payment to the Recipient of any amounts in respect of VAT in addition to the Funding other than where VAT is irrecoverable and deemed to be Eligible Expenditure whereupon the Funding payments are made inclusive of VAT.
4.10 Time shall not be of the essence in respect of the payment of the Funding.
4.11 The Recipient shall declare to the Council any Match Funding which has been approved or received, before the Commencement Date. If the Recipient intends to apply for, is offered or receives any further Match Funding during the Funding Period, the Recipient shall notify the Council before accepting or using the Match Funding. On notifying the Council of the Match Funding the Recipient shall confirm the amount, purpose and source of the Match Funding and the council shall confirm whether it is agreeable to...
Payment of the Funding. 3.1 Subject to the provisions of this Agreement the maximum amount of Funding which will be provided by CIOS LEP to the Recipient for the Works will be <<>>.
3.2 For the avoidance of doubt, the Funding will be used as match to specifically support the development and the outcomes/outputs of the Works only based on the intervention rates in Schedule 3
Payment of the Funding. 4.1 The PCC shall pay the Funding to the Beneficiary in full in advance to the Beneficiary's nominated bank account notified to the PCC in writing once all Funding Conditions outlined in the Funding Letter have been met.
4.2 If any amount due under this Agreement is subject to VAT or any other tax, the PCC shall not be responsible to pay to the Beneficiary for that VAT or other tax in addition to the Funding.
4.3 The Beneficiary shall notify the PCC as soon as reasonably practice if any underspend is forecast.
4.4 Within 30 days of the end of each financial year of the Grant Period, the Beneficiary shall repay to the PCC any unspent Funding for that financial year.
