Common use of Receipt of Funds Clause in Contracts

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts to be used for the Project, and to make those funds available to the Project.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

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Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project. All funds received for use by the Project shall be deposited and held in an interest-bearing account.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project. All funds received for use by the Project shall be deposited and held in an interest- bearing account. The Sponsor will take a 5% fiscal sponsorship fee.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project. All funds received for use by the Project shall be deposited and held in a Sponsor bank account, to be used for the sole purpose of the activities of the Project which support of the mission of the Sponsor.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts to be used for the Project, Project and to make those funds available to the ProjectProject at the sole discretion of the Sponsor’s Board of Directors.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project. All funds received for use by the Project shall be deposited and held in an interest-­‐ bearing account.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

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Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project. All funds received for use by the Project shall be deposited and held in an account managed by the Sponsor. The Sponsor will maintain records to separately identify all transactions related to the Project.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions and gifts gifts, including but not limited to grant funding if awarded, to be used for the Project, and to make distribute those funds available to the Project. All funds received for use by the Project shall be deposited and held in an account managed by the Sponsor.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

Receipt of Funds. The Sponsor agrees to receive grants, contributions contributions, and gifts to be used for the Project, and to make those funds available to the Project.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

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