Common use of RECIPIENT COVENANTS Clause in Contracts

RECIPIENT COVENANTS. The Recipient will: (a) prudently perform the Work, ensure that the Work is completed on time in accordance with the Budget and to a high standard of quality and in accordance with the terms and conditions of this Agreement, and take all reasonable steps necessary to ensure that the results of the Work are for the benefit of the provincial forestry sector generally; (b) not make any material alterations to the scope of the Work, the Project Proposal, the principal personnel as outlined in the Project Proposal or the Budget without the prior written consent of FII; (c) use its best efforts and act prudently at all times to ensure that the FII Project Funding is used in a cost- effective manner applied directly against the Eligible Costs in accordance with the terms and conditions of this Agreement; (d) provide or otherwise obtain the Third-Party Project Funding; (e) not apply funds from one Budget Item as detailed in Schedule 2 (Project Proposal, Budget and Reporting) (such as travel) to another Budget Item (such as catering) without receiving FII’s prior written approval to do so; (f) maintain proper progress, personnel and financial records regarding the Work, the Project Proposal, the Budget (including at Budget Item level) and the receipt and use of the Accountable Advances, the Third- Party Project Funding and any Additional Outside Funding, which records will include, without limitation: (i) actual expenditures at the Budget Item level in accordance with Schedule 2 (Project Proposal, Budget and Reporting); (ii) (ii) the Work Files, and all revenues generated from and spent in respect of the Work, the Project Proposal and the Budget; (iii) (iii) a clear separation of the receipt and amount of the Accountable Advances, the Third-Party Project Funding and any Additional Outside Funding; (iv) (iv) the details of the use and spending of the Accountable Advances, the Third-Party Project Funding and any Additional Outside Funding; and (g) where staffs of the Recipient are claiming time as part of the Work; retain auditable records of time spent for each staff member on a project-by-project basis; (h) retain, in a safe and accessible location, all records of whatever nature or kind relating to the Work for a period of five (5) years; (I) provide all information as and when requested by FII for the purpose of allowing FII to evaluate the Work and the Recipient’s (or any Subcontractor’s) progress in completing the Work, and to allow FII (or its representatives) to carry-out and complete the Audit Program;

RECIPIENT COVENANTS. The Recipient will:: The Work (a) prudently perform the Work, ensure that the Work is completed on time in accordance with the Budget and to a high standard of quality and in accordance with the terms and conditions of this Agreement, and take all reasonable steps necessary to ensure that the results of the Work are for the benefit of the provincial forestry sector generally; (b) not make any material alterations to the scope of the Work, the Project Proposal, the principal personnel as outlined in the Project Proposal or the Budget without the prior written consent of FII; (c) use its best efforts and act prudently at all times to ensure that the FII Project Funding is used in a cost- cost-effective manner applied directly against the Eligible Costs in accordance with the terms and conditions of this Agreement; (d) provide or otherwise obtain the Third-Party Project Funding; (e) not apply funds from one Budget Item as detailed in Schedule 2 (Project Proposal, Budget and Reporting) (such as travel) to another Budget Item (such as catering) without receiving FII’s prior written approval to do so; (f) maintain proper progress, personnel and financial records regarding the Work, the Project Proposal, the Budget (including at Budget Item level) and the receipt and use of the Accountable Advances, the Third- Third-Party Project Funding and any Additional Outside Funding, which records will include, without limitation: (i) actual expenditures at the Budget Item level in accordance with Schedule 2 (Project Proposal, Budget and Reporting); (ii) (ii) the Work Files, and all revenues generated from and spent in respect of the Work, the Project Proposal and the Budget; (iii) (iii) a clear separation of the receipt and amount of the Accountable Advances, the Third-Party Project Funding and any Additional Outside Funding; (iv) (iv) the details of the use and spending of the Accountable Advances, the Third-Party Project Funding and any Additional Outside Funding; and (g) where staffs of the Recipient are claiming time as part of the Work; retain auditable records of time spent for each staff member on a project-by-project basis; (h) retain, in a safe and accessible location, all records of whatever nature or kind relating to the Work for a period of five (5) years; (I) provide all information as and when requested by FII for the purpose of allowing FII to evaluate the Work and the Recipient’s (or any Subcontractor’s) progress in completing the Work, and to allow FII (or its representatives) to carry-out and complete the Audit Program;

RECIPIENT COVENANTS. The Recipient will:: The Work (a) prudently perform the Work, ensure that the Work is completed on time in accordance with the Budget and to a high standard of quality and in accordance with the terms and conditions of this Agreement, and take all reasonable steps necessary to ensure that the results of the Work are for the benefit of the provincial forestry sector generally; (b) not make any material alterations to the scope of the Work, the Project Proposal, the principal personnel as outlined in the Project Proposal or the Budget without the prior written consent of FII; (c) use its best efforts and act prudently at all times to ensure that the FII Project Funding is used in a cost- cost-effective manner applied directly against the Eligible Costs in accordance with the terms and conditions of this Agreement; (d) provide or otherwise obtain the Third-Party Project Funding; (e) not apply funds from one Budget Item as detailed in Schedule 2 (Project Proposal, Budget and Reporting) (such as travel) to another Budget Item (such as catering) without receiving FII’s prior written approval to do so; (f) maintain proper progress, personnel and financial records regarding the Work, the Project Proposal, the Budget (including at Budget Item level) and the receipt and use of the Accountable Advances, the Third- Third-Party Project Funding and any Additional Outside Funding, which records will include, without limitation: (i) actual expenditures at the Budget Item level in accordance with Schedule 2 (Project Proposal, Budget and Reporting)2; (ii) (ii) the Work Files, and all revenues generated from and spent in respect of the Work, the Project Proposal and the Budget; (iii) (iii) a clear separation of the receipt and amount of the Accountable Advances, the Third-Party Project Funding and any Additional Outside Funding; (iv) (iv) the details of the use and spending of the Accountable Advances, the Third-Party Project Funding and any Additional Outside Funding; and (gv) where staffs of the Recipient are claiming time as part of the Work; retain auditable records of time spent for each staff member on a project-by-project basis; (hg) retain, in a safe and accessible location, all records of whatever nature or kind relating to the Work for a period of five (5) years; (Ih) provide all information as and when requested by FII for the purpose of allowing FII to evaluate the Work and the Recipient’s (or any Subcontractor’s) progress in completing the Work, and to allow FII (or its representatives) to carry-out and complete the Audit Program;