Provincial Funding Statement Sample Clauses
A Provincial Funding Statement clause outlines the terms and conditions under which funding is provided by a provincial government or authority. It typically specifies the amount, purpose, and duration of the funding, as well as any reporting or compliance requirements that the recipient must meet. For example, it may require the recipient to use the funds for a specific project and submit regular progress reports. The core function of this clause is to ensure transparency and accountability in the use of provincial funds, clarifying expectations for both the funder and the recipient.
Provincial Funding Statement. All public information material made by the Recipient concerning the Agreement and any Eligible Projects will clearly indicate that the Eligible Project is partially funded by the Government of Ontario.