Supplemental Grant Clause Samples

A Supplemental Grant clause defines the terms under which additional funding may be provided beyond the original grant amount. Typically, this clause outlines the circumstances that justify a supplemental grant, such as unforeseen project costs or expanded project scope, and specifies the process for requesting and approving such funds. Its core practical function is to provide a structured mechanism for addressing funding shortfalls or new needs during a project's lifecycle, ensuring that both parties have clarity on how extra resources can be allocated if necessary.
Supplemental Grant. Pursuant to GRANTING CLAUSE THIRD of the Original Indenture and in order to secure the payment of the principal of, premium, if any, and interest and any other amounts due on the Series 2024A Secured Obligation, and the performance of the covenants therein and in the Indenture contained, and to declare the terms and conditions on which the Series 2024A Secured Obligation is secured, and in consideration of the premises and of the acceptance of the Series 2024A Secured Obligation, by the Holders thereof, the Company by these presents does grant, bargain, sell, convey, assign, transfer, mortgage, hypothecate, pledge, set over and confirm to the Trustee, to be held in trust, together with the Trust Estate described in the Original Indenture, all property, rights, privileges and franchises of the Company of every kind and description, real, personal or mixed, tangible or intangible, whether now owned or hereafter acquired by the Company, wherever located, and grants a security interest therein for the purposes herein expressed, except any Excluded Property and any Excepted Property (each as defined in the Indenture) hereinafter expressly excepted from the lien hereof, or any property which has been released or disposed of pursuant to the terms of the Indenture, and including, without limitation, all and singular the following: All right, title and interest of the Company in and to the real property more particularly described in Exhibit A-40 attached hereto, which identifies the real property acquired by the Company and not previously described in the Original Indenture. A security interest in the Equipment, Contract Rights, General Intangibles and Proceeds (each as defined in the Original Indenture) of the personal property acquired by the Company since the recording of the Forty-sixth Supplemental Indenture; and in any funds, rights, rents, revenues and accounts receivable and general intangibles (including choses in action and judgments) arising under any contract subject to the lien of the Indenture all as described in GRANTING CLAUSE SECOND of the Indenture, acquired by the Company since the recording of the Forty-sixth Supplemental Indenture.
Supplemental Grant. 6.1. The Service Provider acknowledges that the supplemental grant must be used to support staff, home visitors and home child care providers hourly or daily wage or benefit and in accordance with Policies and Guidelines. 6.2. The Service Provider may utilize the Supplemental Grant to cover salary shortfalls and additional benefits (i.e. vacation days, sick days, PD days and/or other benefits) once mandatory benefits are covered in accordance with Policies and Guidelines.
Supplemental Grant. The Ministry will provided a supplemental grant of $150 for each eligible centre based FTE or home visitor FTE and, $50 for each eligible home child care provider. The supplemental grant allows Operators with some flexibility to provide and implement wage enhancement in a way that aligns with their regular operations. The supplemental grant will be automatically calculated on the application form, based on the information provided by Operators. The supplemental grant must be used to support staff, home visitors and providers’ hourly/daily wage or benefits. It provides Operators with the flexibility to cover salary shortfalls due to increased hours or staffing, (e.g. additional time in programme, new staff or providers) and, additional benefits (e.g. vacation days, sick days or PD days and/or other benefits) once mandatory benefits are covered. Any funding that is not used for these purposes will be recovered. In order to be eligible to receive HCCEG, home child care providers must:  Hold a contract with a licensed home child care agency; and  Provide services to one child or more (including privately placed children; excluding provider’s own children). To be eligible to receive the Full HCCEG of $20 per day, home child care providers must:  Provide on average full-time services (6 hours or more hours); and  Receive less than $250.70 ($20 below the cap of $270.70) per day in base fees To be eligible for Partial HCCEG of $10 per day:  On average provide part-time services (less than 6 hours); and  Receive less than $152.42 ($10 below the cap of $162.42) per day in base fees If at any point a home child care provider stops serving children or earns more than the cap, the home child care agency must terminate the transfer of HCCEG funds to the provider. Information on privately placed children must be considered when determining eligibility and payments for the HCCEG.
Supplemental Grant. Upon and coincident with the date on which this Agreement is amended in accordance with Section 2.5 to add Tuberculosis to the Field of Use, Company shall issue to Emory an additional 50,000 shares of Company common stock.
Supplemental Grant. Pursuant to GRANTING CLAUSE THIRD of the Original Indenture and in order to secure the payment of the principal of, premium, if any, and interest and any other amounts due on the Series 2020A Secured Obligation and Series 2020B Secured Obligations, and the performance of the covenants therein and in the Indenture contained, and to declare the terms and conditions on which the Series 2020A Secured Obligation and Series 2020B Secured Obligations are secured, and in consideration of the premises and of the acceptance of the Series 2020A Secured Obligation and Series 2020B Secured Obligations, by the Holders thereof, the Company by these presents does grant, bargain, sell, convey, assign, transfer, mortgage, hypothecate, pledge, set over and confirm to the Trustee, to be held in trust, together with the Trust Estate described in the Original Indenture, all property, rights, privileges and franchises of the Company of every kind and description, real, personal or mixed, tangible or intangible, whether now owned or hereafter acquired by the Company, wherever located, and grants a security interest therein for the purposes herein expressed, except any Excluded Property and any Excepted Property (each as defined in the Indenture) hereinafter expressly excepted from the lien hereof, or any property which has been released or disposed of pursuant to the terms of the Indenture, and including, without limitation, all and singular the following: All right, title and interest of the Company in and to the real property more particularly described in Exhibit A-36 attached hereto, which identifies the real property acquired by the Company and not previously described in the Original Indenture. A security interest in the Equipment, Contract Rights, General Intangibles and Proceeds (each as defined in the Original Indenture) of the personal property acquired by the Company since the recording of the Forty-second Supplemental Indenture; and in any funds, rights, rents, revenues and accounts receivable and general intangibles (including choses in action and judgments) arising under any contract subject to the lien of the Indenture all as described in GRANTING CLAUSE SECOND of the Indenture, acquired by the Company since the recording of the Forty-second Supplemental Indenture.

Related to Supplemental Grant