Payment preconditions. The Ministry is not required to make any payments under this Agreement until the following conditions have been satisfied (in the Ministry’s sole discretion): (a) in relation to each Instalment (except the First Instalment), the Recipient has provided the Ministry with copies of the GST invoices for all payments over $1,000 paid by the Recipient to third parties using the previous Instalment; (b) the Recipient has provided a valid GST invoice for the Instalment; (c) the Recipient has delivered all monthly reports required under clause 7 to the Ministry’s satisfaction; (d) the Recipient is not in breach of any provision of this Agreement; and (e) the Ministry (acting through the Provincial Development Unit) is satisfied in its sole discretion that: i. the Project is progressing as approved; and ii. the Funding has been applied in accordance with its expectations, including pursuant to discussions with the Recipient.
Appears in 4 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
