Recipient Contribution Sample Clauses
Recipient Contribution. 1. The Recipient shall:
(a) no later than one (1) month after the Effective Date, establish, and thereafter maintain at all times during Project implementation, in Guinean Francs, in a commercial bank acceptable to the Association, an account under terms and conditions acceptable to the Association, including appropriate protection against seizure, set-off, or attachment;
(b) deposit into said account, no later than the dates specified in the Municipal Contracts, the amounts specified in said Contracts required to finance its contribution for expenditures under the Project other than those financed from the proceeds of the Financing; and
(c) ensure that funds deposited into said account in accordance with the provisions of paragraph (b) of this Section shall be used exclusively to finance its contribution to expenditures under the Project.
Recipient Contribution. The Recipient shall fully fund or cause to be funded the Recipient Contribution. The Recipient shall document and provide evidence as part of Exhibit C from all sources totaling the Recipient Contribution.
Recipient Contribution. [OPTION 1 (no defined Recipient contribution required): The Recipient agrees to make a best faith effort to ensure that appropriate counterpart contributions from member states, either individually or through the Recipient, are provided to complete, on or before the Completion Date, all activities necessary to achieve the results. Details of the counterpart contribution process, where appropriate, 2 In the case of incremental funding that will be mutually agreed upon by both parties, use the first option. In the case of unilateral incremental funding by USAID, use the second option. will be discussed and agreed to by USAID and the Recipient and the resulting agreement described in an Implementation Letter.]
(a) The Recipient agrees to provide or cause to be provided all funds, in addition to those provided by USAID and any other donor identified in Annex 1, and all other resources required to complete, on or before the Completion Date, all activities necessary to achieve the Objective.
(b) The Recipient’s contribution, based on USAID’s contribution in Section 3.1(a), will not be less than the equivalent of of the portion of the Agreement that is used to support activities that directly benefit the Recipient or includes the direct and substantial administrative involvement of the Recipient, provided that such amount may be reduced with the written consent of USAID. The Recipient’s contribution may include either cash or in-kind contribution.
Recipient Contribution. (a) You agree to provide the Recipient Contribution (if any) for the Capital Works Project in accordance with the requirements of Item I of the Schedule.
(b) If You do not provide Your Recipient Contribution as required, then We may:
(i) suspend, reduce (by an amount determined at Our sole discretion) or withhold the Funding; or
(ii) terminate this Agreement under clause 27.
Recipient Contribution. (if applicable) Reporting Period 1 - $xx (excluding GST) Reporting Period 2 - $xx (excluding GST) reporting Period 3 - $xx (excluding GST) TOTAL - $xx (excluding GST) in cash over the term of the fellowship.
Recipient Contribution. The Recipient agrees to provide a Recipient contribution pursuant to the requirements of the Program and as set forth in EXHIBIT C. Maintenance of Legal Status. Recipient shall notify the NYSEFC of the Recipient’s intent to change its form of legal existence or dissolve at least 120 days before such change or dissolution. Recipient shall preserve and keep in force and effect all licenses, permits, and approvals related to the Project.
Recipient Contribution. The Recipient must fund all expenditure in relation to the Project, including any Eligible Expenditure, that is not covered by the Funds (Recipient Contribution).
Recipient Contribution. (a) The Recipient agrees that it is must provide the Recipient Contribution and use the Recipient Contribution towards the cost of the Project.
(b) The Recipient must, by no later than the date specified in the Milestones Schedule for completion of the Final Project Plan and Recipient Contribution Confirmation, provide to the Department satisfactory evidence that the Recipient holds the Recipient Contribution, including the source or sources of the Recipient Contribution, and the manner in which the Recipient Contribution is to be spent for the Project.
(c) If for any reason, the Recipient is not able to provide evidence to the satisfaction of the Department that it holds the Recipient Contribution as required under this Agreement, then the Department may:
(i) suspend payment of the Funding until the Recipient Contribution is obtained; or
(ii) terminate this Agreement in accordance with clause 13.
(d) The Recipient must notify the Department in writing as soon as possible after it becomes aware of any likely or actual failure (for any reason) to obtain the Recipient Contribution as required under this Agreement.
(e) If the cost of the completed Project is less than the total combined amount of the Funding and the Recipient Contribution (Combined Funding), the Department may give the Recipient notice requiring the Recipient to return to the Department, within the period specified in the notice, an amount equal to the Department’s Proportion of the Cost Savings (Notice). In this subclause 3.6(e) “the Department’s Proportion of the Cost Savings” means savings x % where:
(i) savings = (the Combined Funding – the actual cost of the Project – any part of the Funding previously repaid to the Department under this Agreement); and
(ii) = (the Funding ÷ the Combined Funding).
(f) If the Recipient receives a Notice given by the Department under subclause 3.6(e) the Recipient must comply with the Notice within the period specified within the Notice.
Recipient Contribution. 5.1 In accepting the Grant, the Recipient undertakes to make a cash or in-kind (whether through the provision of materials, facilities, personnel, or services) contribution of a value equating to not less than 25% of the Grant. Project Duration Interim Report Final Report < 3 months No Yes, at no later than 6 months from Grant Date < 6 months Yes, One report at half way point or as otherwise agreed Yes, at no later than 9 months from Grant Date 6-12 months Yes, Two reports at 4 and 8 months or as otherwise agreed Yes, at no later than 15 months from Grant Date
Recipient Contribution. (if applicable) Year 1 - $xx (excluding GST) Year 2 - $xx (excluding GST) Year 3 - $xx (excluding GST) TOTAL - $xx (excluding GST) in cash over the term of the fellowship.
