Request for Funding Reports. (a) In order to receive a Disbursement, the Recipient must submit a Request for Funding Report to the IESO and any other documentation as set out in Schedule C. (b) The IESO may approve or refuse a Request for Funding Report or any portion of a Request for Funding Report, in its sole and absolute discretion. (c) If the Request for Funding Report is not approved by the IESO, the IESO will advise the Recipient of the reasons for such refusal. If the IESO provides instructions for resubmission of the Request for Funding Report, the Recipient must comply with any such instructions, amend its Request for Funding Report, and re-submit it to the IESO. (d) If the IESO provides funds to the Recipient prior to the Recipient’s immediate need for the funds, the Recipient must place the funds in a chequing account in the name of the Recipient at a Canadian financial institution and must not use the funds for any purpose other than as expressly set out in this Funding Agreement.
Appears in 7 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Request for Funding Reports. (a) In order to receive a Disbursement, the Recipient must submit a Request for Funding Report to the IESO and any other supporting documentation as set out in Schedule C.
(b) The IESO may approve or refuse a Request for Funding Report or any portion of a Request for Funding Report, in its sole and absolute discretion.
(c) If the Request for Funding Report is not approved by the IESO, the IESO will advise the Recipient of the reasons for such refusal. If the IESO provides instructions for resubmission of the Request for Funding Report, the Recipient must comply with any such instructions, amend its Request for Funding Report, and re-submit it to the IESO.
(d) If the IESO provides funds to the Recipient prior to the Recipient’s immediate need for the funds, the Recipient must place the funds in a chequing account in the name of the Recipient at a Canadian financial institution and must not use the funds for any purpose other than as expressly set out in this Funding Agreement.
Appears in 5 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Request for Funding Reports. (a) In order to receive a Disbursement, the Recipient must must:
(i) have entered into an employment agreement with the CEC;
(ii) employ the CEC on a full time basis;
(iii) submit a Request for Funding Report to the IESO; and
(iv) submit to the IESO and any other supporting documentation as set out in Schedule C.
(b) The IESO may approve or refuse a Request for Funding Report or any portion of a Request for Funding Report, in its sole and absolute discretion.
(c) If the Request for Funding Report is not approved by the IESO, the IESO will advise the Recipient of the reasons for such refusal. If the IESO provides instructions for resubmission of the Request for Funding Report, the Recipient must comply with any such instructions, amend its Request for Funding Report, and and, re-submit it to the IESO.
(d) If the IESO provides funds to the Recipient prior to the Recipient’s immediate need for the funds, the Recipient must place the funds in a chequing account in the name of the Recipient at a Canadian financial institution and must not use the funds for any purpose other than as expressly set out in this Funding Agreement.
Appears in 1 contract
Samples: Funding Agreement
