Common use of Reduction in grant for underperformance Clause in Contracts

Reduction in grant for underperformance. (a) This clause applies where the Secretary of State determines that the Grant Recipient has underperformed against the Targets specified in Schedule 3 to such degree that in a reduction in Grant may be made in accordance with the underperformance weightings and methodology set out in Schedule 4.

Appears in 4 contracts

Samples: assets.publishing.service.gov.uk, assets.publishing.service.gov.uk, assets.publishing.service.gov.uk

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Reduction in grant for underperformance. (a) This clause applies where the Secretary of State determines that the Grant Recipient has underperformed against the Targets specified in Schedule 3 to such a degree that in a reduction in Grant may be made in accordance with the underperformance weightings and methodology set out in Schedule 4.

Appears in 4 contracts

Samples: assets.publishing.service.gov.uk, assets.publishing.service.gov.uk, assets.publishing.service.gov.uk

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Reduction in grant for underperformance. (a) This clause applies where the Secretary of State determines that the Grant Recipient has underperformed against the Targets specified in Schedule 3 to such a degree that in a reduction in Grant may be made in accordance with the underperformance weightings and methodology set out in Schedule 4.3A.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, centralbeds.moderngov.co.uk

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