Common use of Programme fund Clause in Contracts

Programme fund. 9.1.1 Kent shall hold and manage and the Programme Investment Fund and will only apply the Programme Investment Fund for the purpose of the Local Programme and for Programme Overheads subject to Clause 9.1.2 9.1.2 Kent may at the request of DfT and with the prior written agreement of both of the Borough Councils apply specified sums from the Programme Investment Fund to DfT Projects. 9.1.3 At any point during the Term Kent or either of the Borough Councils may make an additional contribution to the Programme Investment Fund.4

Programme fund. 9.1.1 7.1.1 Kent shall hold and manage and the Programme Investment Fund and will only apply the Programme Investment Fund for the purpose of the Local Programme and for Programme Overheads subject to Clause 9.1.27.1.2.3 9.1.2 7.1.2 Kent may at the request of DfT and with the prior written agreement of both of the Borough Councils apply specified sums from the Programme Investment Fund to a DfT Projects. 9.1.3 At any point during the Term Kent or either of the Borough Councils may make an additional contribution Project. In determining whether to apply sums from the Programme Investment Fund.4Fund to a DfT Project Kent shall have regard to the adequacy of the Programme Investment Fund to meet the projected costs of the delivery of the Programme.