Common use of PROJECT GRANT Clause in Contracts

PROJECT GRANT. Subject to the ARC providing the Grant to the Administering Organisation, the Administering Organisation will transfer portions of the Grant to the Collaborating Organisation(s) in the amounts set out in Table 1 below. XYZ University Project Funds $ $ $ $ $ ABC University Project Funds $ $ $ $ $ Add Additional Rows if required Project Funds $ $ $ $ $ Total ARC Grant (indicative only) $ $ $ $ $ The Parties agree that all expenditure of the Grant will be in accordance with the Application and within the broad structure of the proposed project cost detailed in the Application, unless as otherwise amended by agreement t of the Parties and, if applicable, with the prior approval of the ARC. Where the Administering Organisation is transferring some of the Grant to the Collaborating Organisation(s), each Collaborating Organisation will, in respect of itself only: submit relevant tax invoices to the Administering Organisation on a quarterly basis; for example, January, April, July, October. provide an annual financial acquittal to the Administering Organisation by 28 February (or such other date as may be reasonably requested by the Administering Organisation) of each year for the Grant transferred to it in the previous calendar year; and when a researcher named on the Application leaves the employment of his/her Collaborating Organisation through his/her transfer to another university or otherwise, and the involvement of the host Collaborating Organisation in the Project also ceases, that host Collaborating Organisation will inform the Administering Organisation as soon as practicable after the researcher leaving and will provide a financial acquittal to the Administering Organisation within 30 days of request, if requested to do so by the Administering Organisation. The contact details for invoices at the Administering Organisation and acquittals for any relevant Collaborating Organisations are provided at Schedule 1. All amounts referred to in this agreement are expressed exclusive of GST unless otherwise stated. For the purpose of this agreement “GST” means a goods and services tax imposed on the supply of goods and services (including intellectual property) under A New Tax System (Goods and Services Tax) Act 1999 (Cth). If GST is payable by the Administering Organisation to a Collaborating Organisations on any supply made under this Agreement, the Administering Organisation will, on issue of a complying tax invoice, pay the Collaborating Organisation(s) an amount equal to the GST liability payable by the Collaborating Organisation(s). Where the Commonwealth has issued a notice under clause 30.2 of the Grant Agreement to the Administering Organisation, a Collaborating Organisation must repay to the Administering Organisation any Funds unspent or not spent in accordance with the Grant Agreement as required by the notice. Except as otherwise provided in clause 3.5, each Collaborating Organisation agrees to pay all taxes, duties and government charges imposed or levied in Australia or overseas in connection with its performance of this Agreement.

PROJECT GRANT. Subject to the ARC providing the Grant Funding to the Administering Organisation, the Administering Organisation will transfer portions of the Grant Funding to the Collaborating Organisation(s) in the amounts set out in Table 1 below. XYZ University Discovery International Award $ $ $ Delete Column if not required Delete Column if not required Other Project Funds $ $ $ $ $ ABC University Discovery International Award $ $ $ $ $ Other Project Funds $ $ $ $ $ Add Additional Rows if required Discovery International Award $ $ $ $ $ Other Project Funds $ $ $ $ $ Total ARC Grant (indicative only) $ $ $ $ $ The Parties agree that all expenditure of the Grant Funding will be in accordance with the Application Proposal and within the broad structure of the proposed project cost detailed in the ApplicationProposal, unless as otherwise amended in Schedule 2 by agreement t of the Parties and, if applicable, with the prior approval of the ARC. Where the Administering Organisation is transferring some of the Grant Funding to the Collaborating Organisation(s), each Collaborating Organisation will, in respect of itself only: submit relevant tax invoices to the Administering Organisation on a quarterly basis; for example, January, April, July, October. provide an annual financial acquittal to the Administering Organisation by 28 February (or such other date as may be reasonably requested by the Administering Organisation) of each year for the Grant Funding transferred to it in the previous calendar year; and when a researcher named on the Application Proposal leaves the employment of his/her Collaborating Organisation through his/her transfer to another university or otherwise, and the involvement of the host Collaborating Organisation in the Project also ceases, that host Collaborating Organisation will inform the Administering Organisation as soon as practicable after the researcher leaving and will provide a financial acquittal to the Administering Organisation within 30 days of request, if requested to do so by the Administering Organisation. The contact details for invoices at the Administering Organisation and acquittals for any relevant Collaborating Organisations are provided at Schedule 1. All amounts referred to in this agreement are expressed exclusive of GST unless otherwise stated. For the purpose of this agreement “GST” means a goods and services tax imposed on the supply of goods and services (including intellectual property) under A New Tax System (Goods and Services Tax) Act 1999 (Cth). If GST is payable by the Administering Organisation to a Collaborating Organisations on any supply made under this Agreement, the Administering Organisation will, on issue of a complying tax invoice, pay the Collaborating Organisation(s) an amount equal to the GST liability payable by the Collaborating Organisation(s). Where the Commonwealth has issued a notice under clause 30.2 of 4.4of the Grant Funding Agreement to the Administering Organisation, a Collaborating Organisation must repay to the Administering Organisation any Funds unspent or not spent in accordance with the Grant Funding Agreement as required by the notice. Except as otherwise provided in clause 3.5, each Collaborating Organisation agrees to pay all taxes, duties and government charges imposed or levied in Australia or overseas in connection with its performance of this Agreement.

PROJECT GRANT. Subject to the ARC providing the Grant to the Administering Organisation, the Administering Organisation will transfer portions of the Grant to the Collaborating Organisation(s) in the amounts set out in Table 1 below. XYZ University Project Funds $ $ $ $ $ ABC University Project Funds $ $ $ $ $ Add Additional Rows if required Project Funds $ $ $ $ $ Total ARC Grant (indicative only) $ $ $ $ $ The Parties agree that all expenditure of the Grant will be in accordance with the Application and within the broad structure of the proposed project cost detailed in the Application, unless as otherwise amended by agreement t of the Parties and, if applicable, with the prior approval of the ARC. Where the Administering Organisation is transferring some of the Grant to the Collaborating Organisation(s), each Collaborating Organisation will, in respect of itself only: submit relevant tax invoices to the Administering Organisation on a quarterly basis; for example, January, April, July, October. provide an annual financial acquittal to the Administering Organisation by 28 February (or such other date as may be reasonably requested by the Administering Organisation) of each year for the Grant transferred to it in the previous calendar year; and when a researcher named on the Application leaves the employment of his/her Collaborating Organisation through his/her transfer to another university or otherwise, and the involvement of the host Collaborating Organisation in the Project also ceases, that host Collaborating Organisation will inform the Administering Organisation as soon as practicable after the researcher leaving and will provide a financial acquittal to the Administering Organisation within 30 days of request, if requested to do so by the Administering Organisation. The contact details for invoices at the Administering Organisation and acquittals for any relevant Collaborating Organisations are provided at Schedule 1. All amounts referred to in this agreement are expressed exclusive of GST unless otherwise stated. For the purpose of this agreement “GST” means a goods and services tax imposed on the supply of goods and services (including intellectual property) under A New Tax System (Goods and Services Tax) Act 1999 (Cth). If GST is payable by the Administering Organisation to a Collaborating Organisations on any supply made under this Agreement, the Administering Organisation will, on issue of a complying tax invoice, pay the Collaborating Organisation(s) an amount equal to the GST liability payable by the Collaborating Organisation(s). Where the Commonwealth has issued a notice under clause 30.2 of the Grant Agreement to the Administering Organisation, a Collaborating Organisation must repay to the Administering Organisation any Funds unspent or not spent in accordance with the Grant Agreement as required by the notice. Except as otherwise provided in clause 3.5., each Collaborating Organisation agrees to pay all taxes, duties and government charges imposed or levied in Australia or overseas in connection with its performance of this Agreement.