Reimbursement of Grants Sample Clauses

Reimbursement of Grants. Subject to Section 801 (Remedies) below, Redeveloper agrees to repay the City for the aid to construction and any grant or grants of funds to Redeveloper as provided for in Section 503 A. (Use of TIF Proceeds) and Section 506 A. (Grant of Funds) above in the event Redeveloper fails to substantially complete the Redeveloper Improvements as provided in Section 202 B. (Commencement and Completion Deadline for Redeveloper Improvements) above and, upon such repayment of the of the grant funds, this Redevelopment Agreement shall be null and void in regards to Redeveloper’s obligation to construct the Redeveloper Improvements located upon the Project Site. Subject to Section 801 (Remedies) below, in the event Redeveloper fails to maintain the Redeveloper Improvements as provided in Section 205 (Duty to Maintain) above, then said Redeveloper shall reimburse the City 1/15 of the grant funds granted to Redeveloper for construction of the Redeveloper Improvements as provided for in Section 506 A. (Grant of Funds) above, for each year a Redeveloper fails to maintain the Redeveloper Improvements.
Sample 1Sample 2Sample 3See All (21)
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Reimbursement of Grants. Subject to Paragraph 24 below, Redeveloper agrees to repay the City the entire amount of the grant or grants of funds provided for in Paragraph 10 above in the event Redeveloper fails to substantially complete the Redeveloper Improvements and Public Improvements as provided in Paragraph 9 and, upon such repayment, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 24 below, in the event the Redeveloper fails to maintain the Redeveloper Improvements as provided in Paragraph 6 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the Redeveloper’s Percentage of the grant funds provided for in Paragraph 10 above for year the Redeveloper fails to maintain the Redeveloper Improvements.
Sample 1See All (6)
Reimbursement of Grants. Should an enrolled Student fail to participate fully in the Programme and he/she is not replaced by another Student, the Coordinating Institution shall have to return part or the totality of the grant to the EACEA.
Sample 1
Reimbursement of Grants. Subject to Paragraph 25 below, Redeveloper agrees to repay the City 89.02% (6,486,904/7,286,904) (“Redeveloper’s Percentage”) of the grant or grants of funds provided for in Paragraph 11 above in the event Redeveloper fails to substantially complete the Redeveloper Improvements and Public Improvements as provided in Paragraph 10 and, upon such repayment of the Redeveloper’s Percentage of the grant funds, this Agreement shall be null and void in regards to the Redeveloper and the WRK Property and HR Property. Subject to Paragraph 25 below, Airspace agrees to repay the City 10.98% (800,000/7,286,904) (“Airspace’s Percentage”) of the grant or grants of funds provided for in Paragraph 11 above in the event Airspace fails to substantially complete the Airspace Improvements as provided in Paragraph 10 and, upon such repayment of the Airspace’s Percentage of the grant funds, this Agreement shall be null and void in regards to Airspace and the Airspace Property. Subject to Paragraph 25 below, in the event the Redeveloper fails to maintain the Redeveloper Improvements as provided in Paragraph 7 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the Redeveloper’s Percentage of the grant funds provided for in Paragraph 12 above for year the Redeveloper fails to maintain the Redeveloper Improvements. Subject to Paragraph 25 below, in the event the Airspace fails to maintain Airspace Improvements as provided in Paragraph 7 above, then Airspace shall reimburse the City the proportionate share (1/15) of Airspace’s Percentage of the grant funds provided for in Paragraph 11 above for the year Airspace fails to maintain the Airspace Improvements.
Sample 1
Reimbursement of Grants. In the event Redeveloper fails to substantially complete the applicable Private Improvements as provided in Section 303 and/or Section 306 above, Redeveloper agrees to repay the City for any said applicable grant or grants of funds to Redeveloper as provided for in Section 503 A. (Use of TIF Proceeds) and Section 506 A. (Grant of Funds). Upon such repayment of the of the applicable grant funds, this Redevelopment Agreement shall be null and void in regards to Redeveloper’s obligation to construct the applicable Private Improvements located upon the Project Site subject to Section 801 (Remedies) below.
Sample 1
Reimbursement of Grants. Subject to Article VIII (Remedies) below, Developer agrees to repay the City for the aid to construction and any grant or grants of funds to Developer for a Phase as provided for in Section 503. (Use of TIF Proceeds) and Section 505 (Grant of Funds) above in the event Developer is in default and fails to substantially complete the Private Improvements for a Phase as provided in Section 303 C. (Commencement and Completion Deadline for Private Improvements) above and, upon such repayment of the of the grant funds for said Phase, this Redevelopment Agreement shall be null and void with regard to said Phase. Subject to Article VIII (Remedies) below, in the event Developer fails to maintain the Private Improvements for a Phase as provided in Section 306 (Duty to Maintain) above, then said Developer shall reimburse the City 1/15 of the grant funds granted Developer for said Phase as provided for in Section 505 (Grant of Funds) above, for each year a Developer fails to maintain the Private Improvements in said Phase.
Sample 1
Reimbursement of Grants. Subject to Paragraph 24 below, Redeveloper agrees to repay the City the entire amount of the grant or grants of funds provided for in Paragraph 10 above in the event Redeveloper fails to substantially complete the Redeveloper Improvements and Public Improvements as provided in Paragraph 9 and, upon such repayment, this Agreement shall be null and void in regards to the Redeveloper and the Redeveloper Property. Subject to Paragraph 24 below, in the event the Redeveloper fails to maintain the Redeveloper Improvements as provided in Paragraph 6 above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the Redeveloper’s Percentage of the grant funds provided for in Paragraph 10 above for year the Redeveloper fails to maintain the Redeveloper Improvements. Subject to Paragraph 24 below, in the event the Redeveloper fails to meet the Energy Efficiencies for the Redeveloper Improvements as provided in Paragraph 12 above, then the Redeveloper shall reimburse the City the following applicable proportionate share of the grant funds provided for in Paragraph 10 above for the Energy Efficiencies: • If noncompliant at the end of Year 1, reimburse 20% of the TIF Proceeds devoted to energy efficiencies divided by 15. • If still noncompliant at the end of Year 2, reimburse 40% of the TIF Proceeds devoted to energy efficiencies divided by 15. • If still noncompliant at the end of Year 3, reimburse 60% of the TIF Proceeds devoted to energy efficiencies divided by 15. • If still noncompliant at the end of Year 4, reimburse 80% of the TIF Proceeds devoted to energy efficiencies divided by 15. • If still noncompliant at the end of Year 5, reimburse 100% of the TIF Proceeds devoted to energy efficiencies divided by 15, and for each year for the remainder of the TIF period reimburse 100% of TIF Proceeds devoted to energy efficiencies divided by 15 unless compliance can be demonstrated. For the purposes of this section, Energy Efficiency Compliance shall be measured one year from the date Redeveloper Improvements are substantially completed. If noncompliant, the Redeveloper Improvements shall be re-evaluated for Energy Efficiency Compliance on an annual basis until compliance is demonstrated.
Sample 1
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Reimbursement of Grants. Subject to Section 501 (Remedies) below, Redeveloper agrees to repay the City the grant or grants of funds as provided for in Section 304 (Use of TIF Funds) above in the event Redeveloper fails to substantially complete the Phase One Private Improvements as provided in Section 103.A. above and, upon such repayment of the of the grant funds, this Agreement shall be null and void in regards to the Redeveloper and the Phase One Project Site and the improvements located thereon. Subject to Section 501 (Remedies) below, in the event the Redeveloper fails to maintain the Phase One Private Improvements as provided in Section 106 (Duty to Maintain) above, then the Redeveloper shall reimburse the City the proportionate share (1/15) of the grant funds for said Phase One Private Improvements provided for in Section 303 (Grant of Funds) above, for each year the Redeveloper fails to maintain the Phase One Private Improvements.
Sample 1
Reimbursement of Grants. Should an enrolled student fail to participate fully in the programme and they are not replaced by another student, the Consortium Coordinator shall have to return part or the totality of the grant to the EACEA. If explicitly required by EACEA, the host institutions shall renounce the funds due, and shall return the corresponding funds to the Consortium Coordinator.
Sample 1

Related to Reimbursement of Grants

  • Reimbursement Option Provided that the Recipient satisfies the terms and conditions of this Agreement, the Recipient may elect to receive Fund proceeds for land acquisition directly from the OPWC after Closing. After Closing, which Closing shall not occur until the Recipient's submission of the Request to Proceed and the Recipient's receipt of the Notice to Proceed, the Recipient may submit a Disbursement Request to the OPWC for reimbursement of acquisition and other eligible costs. The Recipient shall attach to the Disbursement Request a copy of: (i) the executed and recorded deed, or such other instrument conveying the interest approved by the Director, with respect to the Land acquired by the Recipient, (ii) a copy of the recorded Deed Restrictions, (iii) a copy of the executed settlement statement, (iv) certification, or other documentation acceptable to the Director from the Title Agent that the Recipient has marketable title in and to the Land, and (v) such other documentation required by the OPWC. After receipt of such documentation, and subject to Recipient's compliance with the terms and conditions of this Agreement, the OPWC shall disburse Funds payable under this Agreement.

  • Right of Reimbursement Each Revolving Credit Lender agrees to reimburse the Issuing Lender on demand, pro rata in accordance with its respective Revolving Credit Percentage, for (i) the reasonable out-of-pocket costs and expenses of the Issuing Lender to be reimbursed by the Borrower pursuant to any Letter of Credit Agreement or any Letter of Credit, to the extent not reimbursed by the Borrower or any other Credit Party and (ii) any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, fees, reasonable out-of-pocket expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or asserted against Issuing Lender in any way relating to or arising out of this Agreement (including Section 3.6(c) hereof), any Letter of Credit, any documentation or any transaction relating thereto, or any Letter of Credit Agreement, to the extent not reimbursed by the Borrower, except to the extent that such liabilities, losses, costs or expenses were incurred by Issuing Lender as a result of Issuing Lender’s gross negligence or willful misconduct or by the Issuing Lender’s wrongful dishonor of any Letter of Credit after the presentation to it by the beneficiary thereunder of a draft or other demand for payment and other documentation strictly complying with the terms and conditions of such Letter of Credit.

  • REIMBURSEMENT OF FEES AND COSTS The Parties acknowledge that Xxxxxxxx and her counsel offered to reach preliminary agreement on the material terms of this dispute before reaching terms on the amount of fees and costs to be reimbursed to them. The Parties thereafter reached an accord on the compensation due to Xxxxxxxx and her counsel under general contract principles and the private attorney general doctrine and principles codified at California Code of Civil Procedure § 1021.5, for all work performed through the mutual execution of this agreement. Under these legal principles, Xxx shall reimburse Xxxxxxxx’x counsel for fees and costs incurred as a result of investigating and bringing this matter to Xxx’s attention, and negotiating a settlement in the public interest. Within ten (10) days of the Effective Date, Bon shall issue a check payable to “Xxxxxxx & Xxxxx” in the amount of $4,500.00 for delivery to the address identified in § 3.2(a)(i), above.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Reimbursement Payments The Department shall, to the extent funds are available, reimburse the Grantee for eligible claims presented for payment if the Department determines the requirements for reimbursement have been met. Claims under this Contract can only be made for the period this Contract is in effect. Reimbursement programs include the following: 4.3.1. Title IV-E Federal Xxxxxx Care Program (Grant “E”). In accordance with the requirements detailed in the specific grant requirements, the Department shall reimburse the Grantee under Xxxxx E the maximum federal dollar share for the following: xxxxxx care maintenance claims for eligible juvenile probation children, dir ect administrative claims, and enhanced administrative claims. Upon review and approval of supporting documentation, the Department shall reimburse the Grantee as requests for reimbursement are presented for payment provided there is sufficient Title IV-E grant award authority against which to process presented claims and providing said funds are being reimbursed to the Department by Texas Department of Family and Protective Services (TDFPS) via the interagency agreement. To be eligible for reimbursement, all costs must be reasonable, allowable, and properly allocated for support of the xxxxxx care program. A direct or enhanced administrative claim is not eligible for reimbursement if the basis of the claim has funding from any other federal source. 4.3.2. JJAEP Program (Grant "P"). Grantees eligible for reimbursements under Xxxxx X shall receive a share of the initial $1,500,000 distribution based on each Grantee's share of the total juvenile population for each school year for the current contract period. Additional funds will be distributed at a rate not to exceed $96 per eligible student attendance day for students who are required to be expelled pursuant to Chapter 37 of the Texas Education Code and who meet the Targeted Grant requirements. The Grantee will not be able to receive the additional funds until the initial amount allocated is earned at the rate of $86 per eligible student attendance day. Payments to the Grantee by the Department shall be limited to no more than 180 days of operation during each regular school year for the current contract period.

  • Reimbursement of Business Expenses The Company shall reimburse the Executive for all reasonable travel, entertainment and other expenses incurred or paid by the Executive in connection with, or related to, the performance of his duties, responsibilities or services under this Agreement, upon presentation by the Executive of documentation, expense statements, vouchers, and/or such other supporting information as the Company may reasonably request.

  • Reimbursement of Fees and Expenses The Advisor retains its right to receive reimbursement of any excess expense payments paid by it pursuant to this Agreement under the same terms and conditions as it is permitted to receive reimbursement of reductions of its investment management fee under the Investment Advisory Agreement.

  • Reimbursement of Eligible Costs To be eligible for reimbursement, the Engineer's costs must (1) be incurred in accordance with the terms of a valid work authorization; (2) be in accordance with Attachment E, Fee Schedule; and (3) comply with cost principles set forth at 48 CFR Part 31, Federal Acquisition Regulation (FAR 31). Satisfactory progress of work shall be maintained as a condition of payment.

  • Reimbursement of General Partner (a) Except as provided in this Section 6.5 and elsewhere in this Agreement (including the provisions of Articles 5 and 6 regarding distributions, payments, and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership. (b) The General Partner shall be reimbursed on a monthly basis, or such other basis as the General Partner may determine in its sole and absolute discretion, for all Administrative Expenses incurred by the General Partner.

  • Section 607 Compensation and Reimbursement The Company agrees

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