Common use of Purpose of Grant Clause in Contracts

Purpose of Grant. The Applicant shall use the Grant only for the delivery of the Project in accordance with the terms and conditions set out in this Agreement. The Grant shall not be used for any other purpose without the prior written agreement of the Funder. The purpose of the Grant is to fund the [Works to the Premises]. The Applicant shall apply the Grant to the Project in accordance with the agreed Budgeted Expenditure Profile in order to complete the Project by the Scheduled Project Completion Date. The amount of the Grant that the Applicant may spend on any item of expenditure listed in Schedule 2 Part 1 shall not exceed the budgeted sum of money as set out in Schedule 2 Part 1 without the prior written agreement of the Funder. The parties intend that the final claims in respect of Grant monies shall be submitted by the Applicant by no later than [31 August 2020] or such other period as may be agreed between the parties. The Applicant must adhere to the Funder’s Contract Procedure Rules in relation to the procurement of any works and services to be delivered under the Project. Where the Applicant has sourced funding from a third party, comprising the Applicant’s share of the Project funding, as identified in Schedule 1 Part 2 Table 1 (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in the Budgeted Expenditure Profile, including a clear description of the sources and intended application of that funding. The Applicant shall not use the Grant to: make any payment to members of its Governing Body; purchase buildings or land other than [as specified in the Grant Application]; or pay for any expenditure commitments of the Applicant entered into before the Commencement Date, unless this has been approved in writing by the Funder. The Applicant shall not spend any part of the Grant on the delivery of the Project after the Scheduled Project Completion Date without the consent of the Funder. The Applicant shall identify the date of completion of the Project to the Funder. Should any part of the Grant remain unspent by the Applicant at the completion of the Project any unspent monies shall be returned to the Funder within (20) twenty Working Days of the date of completion of the Project. Any liabilities arising at the end of the Project, including, without limitation, any redundancy liabilities in respect of staff employed by the Applicant to deliver the Project, must be managed and paid for by the Applicant using the resources of the Applicant. No additional funding shall be made available by the Funder for this purpose. The Applicant shall not make any significant change to the Project without the Funder's prior written agreement. The Applicant shall not (without the Funder's prior written consent) apply for or accept from a third party any other funding for the Project (save for any private sector funding that it has already identified to the Funder and as is set out in the Grant Application) that would or could lead to a breach or a potential beach of the State Aid Rules; In the event that a breach of the State Aid Rules is deemed by the Funder or a competent authority to have occurred the Applicant will be liable for any repayment or recovery of such funds (including interest) in whole or part. The Applicant agrees and accepts that it shall not apply for duplicate funding in respect of any part of the Project or any related administration costs that the Funder is funding in full under this Agreement. Where the Applicant intends to apply to a third party for other funding for the Project (not identified in the Grant Application), it will notify the Funder in advance of its intention to do so and where such funding is obtained, it will provide the Funder with details of the amount and purpose of that funding.

Purpose of Grant. 2.1 The Applicant Recipient shall use the Grant only for the delivery of the Project, in order to achieve the Project Aims, and in accordance with the terms and conditions set out in this Agreement. The Grant shall not be used for any other purpose without the prior written agreement of the Funder. . 2.2 The purpose of the Grant is to fund the [Works to the Premises]. The Applicant shall apply the Grant to the Project in accordance with the agreed Budgeted Expenditure Profile in order to complete the Project by the Scheduled Project Completion Date. The amount of the Grant that the Applicant may spend on any item of expenditure listed in Schedule 2 Part 1 shall not exceed the budgeted sum of money as set out in Schedule 2 Part 1 without the prior written agreement of the Funder. The parties intend that the final claims in respect of Grant monies shall be submitted by the Applicant by no later than [31 August 2020] or such other period as may be agreed between the parties. The Applicant must adhere to the Funder’s Contract Procedure Rules in relation to the procurement of any works and services to be delivered under the Project. Where the Applicant has sourced funding from a third party, comprising the Applicant’s share of the Project funding, as identified in Schedule 1 Part 2 Table 1 (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in the Budgeted Expenditure Profile, including a clear description of the sources and intended application of that funding. The Applicant shall not use the Grant to: make any payment to members of its Governing Body; purchase buildings or land other than [as specified in the Grant Application]; or pay for any expenditure commitments of the Applicant entered into before the Commencement Date, unless this has been approved in writing by the Funder. The Applicant shall not spend any part of the Grant on the delivery of the Project after the Scheduled Project Completion Date without the consent of the Funder. The Applicant shall identify the date of completion of the Project to the Funder. Should any part of the Grant remain unspent by the Applicant at the completion of the Project any unspent monies shall be returned to the Funder within (20) twenty Working Days of the date of completion of the Project. Any liabilities arising at the end of the Project, including, without limitation, any redundancy liabilities in respect of staff employed by the Applicant to deliver the Project, must be managed and paid for by the Applicant using the resources of the Applicant. No additional funding shall be made available by the Funder for this purpose. The Applicant Recipient shall not make any significant material change to the Project or the Project Aims or make any other change which may diminish the prospect of achieving the Project Aims without the Funder's prior written agreement. The Applicant shall not (without . 2.3 Where the Funder's prior written consent) Recipient intends to apply for or accept from to a third party any for other funding for the Project it will notify the Funder in advance of its intention to do so, including the details of the proposed provider of such funding and its purpose (save for any private sector funding that it has already identified "Match Funding"). The Funder shall, as soon as reasonably practicable following receipt of details of proposed Match Funding from the Recipient, notify the Recipient whether such Match Funding is approved, acting reasonably and proportionately. If the Recipient fails to declare Match Funding or, following the Funder's rejection of such proposed Match Funding, proceeds to accept such funds, this shall constitute a material breach of this Agreement and entitle the Funder to terminate this Agreement in accordance with its rights under Clause 19.4. Where the Funder agrees to the Recipient's use of Match Funding, this shall form part of the reports to be prepared and submitted by the Recipient to the Funder and as is set out in the Grant Application) that would or could lead pursuant to a breach or a potential beach of the State Aid Rules; In the event that a breach of the State Aid Rules is deemed by the Funder or a competent authority to have occurred the Applicant will be liable for any repayment or recovery of such funds (including interest) in whole or part. Clause 7.1. 2.4 The Applicant Recipient agrees and accepts that it shall not apply for duplicate funding in respect of any part of the Project or any related administration costs that the Funder is funding in full under this AgreementAgreement and any other funding will not be in conflict with the warranty given by the Recipient at Clause 16 (k). 2.5 Information on this Xxxxx must be disclosed by the Recipient to any other public authority or agency for a period of three years commencing at the end of the Recipient’s current financial year. 2.6 The Recipient has satisfied itself that neither the Grant nor the Project constitutes a subsidy within the meaning of the Subsidy Control Regulations, or that the Grant and the Project are permitted under the Subsidy Control Regulations. Where The Recipient acknowledges that the Applicant intends Funder will rely on this view and shall indemnify the Funder against any loss, cost, or damages suffered by the Funder as a result of any information provided by the Recipient under this Agreement being inaccurate, misleading or incorrect. The Recipient agrees not to apply for, or receive any other funding in respect of the Project which may amount to a third party for other funding subsidy in accordance with the Subsidy Control Regulations. 2.7 The statutory basis for the Project (not identified in Funder's payment of the Grant Application), it will notify the Funder in advance of its intention to do so and where such funding is obtained, it will provide the Funder with details section 10 of the amount and purpose of that fundingEnergy Act 2004.

Purpose of Grant. The Applicant Recipient shall use the Grant only for the delivery of the Project and in accordance with the terms and conditions set out in this Agreement. The Grant shall not be used for any other purpose without the prior written agreement of the FunderRSSB. The purpose of the Grant is to fund the [Works to the Premises]. The Applicant shall apply the Grant to the Project in accordance with the agreed Budgeted Expenditure Profile in order to complete the Project by the Scheduled Project Completion Date. The amount of the Grant that the Applicant may spend on any item of expenditure listed in Schedule 2 Part 1 shall not exceed the budgeted sum of money as set out in Schedule 2 Part 1 without the prior written agreement of the Funder. The parties intend that the final claims in respect of Grant monies shall be submitted by the Applicant by no later than [31 August 2020] or such other period as may be agreed between the parties. The Applicant must adhere to the Funder’s Contract Procedure Rules in relation to the procurement of any works and services to be delivered under the Project. Where the Applicant has sourced funding from a third party, comprising the Applicant’s share of the Project funding, as identified in Schedule 1 Part 2 Table 1 (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in the Budgeted Expenditure Profile, including a clear description of the sources and intended application of that funding. The Applicant shall not use the Grant to: make any payment to members of its Governing Body; purchase buildings or land other than [as specified in the Grant Application]; or pay for any expenditure commitments of the Applicant entered into before the Commencement Date, unless this has been approved in writing by the Funder. The Applicant shall not spend any part of the Grant on the delivery of the Project after the Scheduled Project Completion Date without the consent of the Funder. The Applicant shall identify the date of completion of the Project to the Funder. Should any part of the Grant remain unspent by the Applicant at the completion of the Project any unspent monies shall be returned to the Funder within (20) twenty Working Days of the date of completion of the Project. Any liabilities arising at the end of the Project, including, without limitation, any redundancy liabilities in respect of staff employed by the Applicant to deliver the Project, must be managed and paid for by the Applicant using the resources of the Applicant. No additional funding shall be made available by the Funder for this purpose. The Applicant Recipient shall not make any significant change to the Project without the FunderRSSB's prior written agreement. The Applicant shall not (without Where the Funder's prior written consent) Recipient intends to apply for or accept from to a third party any for other funding for the Project (save for any private sector Project, it will notify RSSB in advance of its intention to do so and, where such funding that is obtained, it has already identified to the Funder and as is set out in the Grant Application) that would or could lead to a breach or a potential beach will provide RSSB with details of the State Aid Rules; In the event amount and purpose of that a breach of the State Aid Rules is deemed by the Funder or a competent authority to have occurred the Applicant will be liable for any repayment or recovery of such funds (including interest) in whole or partfunding. The Applicant Recipient agrees and accepts that it shall not apply for duplicate funding from another person in respect of any part of the Project or any related administration costs that the Funder RSSB is funding in full under this Agreement. Where Payment of Grant Subject to clause 12, RSSB shall pay fifty percent (50%) of the Applicant intends Grant following execution of the Grant Agreement and within 30 days of receipt valid invoice from the Grant Recipient. The remaining fifty percent (50%) of the Grant shall be payable to apply to a third party for other funding for the Grant Recipient following completion of the activities set out in the Project Proposal to the satisfaction of the RSSB and within 30 days of receipt of a valid invoice, in accordance with Schedule 2, subject to the necessary funds being available to RSSB when payment falls due, and subject to receipt by RSSB from the Recipient of any report or evidence required in respect of a particular instalment (not identified as set out at Schedule 2). No Grant shall be paid unless and until RSSB is satisfied that such payment will be used for proper expenditure in the Grant Application), it will notify the Funder in advance of its intention to do so and where such funding is obtained, it will provide the Funder with details delivery of the Project. The amount and purpose of that fundingthe Grant shall not be increased in the event of any overspend by the Recipient in its delivery of the Project. The Recipient shall promptly repay to RSSB 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 Grant monies have been paid in error before all conditions attaching to the Grant have been complied with by the Recipient.