Common use of The OTF Grant Clause in Contracts

The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies equivalent to one million seven hundred ninety thousand dollars ($1,790,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

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The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies not to exceed the equivalent to one of seventeen million seven hundred ninety thousand dollars ($1,790,00017,000,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project Project, and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies not to exceed the equivalent to of ninety million one million seven hundred ninety thousand dollars ($1,790,00090,100,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project Project, and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies not to exceed the equivalent to one of thirteen million seven hundred ninety thousand dollars ($1,790,00013,000,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project Project, and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies not to exceed the equivalent to one of fifteen million seven hundred ninety and forty-nine thousand dollars ($1,790,00015,049,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project Project, and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

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The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies equivalent to one ten million seven and nine hundred ninety thousand dollars Dollars ($1,790,00010,900,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-mentAgreement, the OTF Grant in an amount in various currencies not to exceed the equivalent to one of twenty million seven hundred ninety thousand dollars ($1,790,00020,000,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project Project, and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

The OTF Grant. Section 2.01. The Trustee agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agree-ment, the OTF Grant in an amount in various currencies equivalent to one fifty million seven hundred ninety thousand dollars ($1,790,00050,000,000). Section 2.02. (a) The amount of the OTF Grant may be withdrawn from the OTF Grant Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Trustee shall so agree, to be made) in respect of the reasonable cost of goods and services required for carrying out the Project and to be financed out of the proceeds of the OTF Grant.

Appears in 1 contract

Samples: Ozone Projects Trust Fund Grant Agreement

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