Common use of Use of Funding Clause in Contracts

Use of Funding. 7.2. CMHC Funding and Cost-Matched Funding under this Agreement must be used only for (i) Housing in accordance with the Initiatives and in alignment with the agreed-to Action Plans, and in compliance with this Agreement and (ii) Administration Costs up to a maximum of 10% agreed to by CMHC in the Action Plan and further defined in the Claims form, all as set out in Schedule C.

Appears in 6 contracts

Samples: Bilateral Agreement, Bilateral Agreement, Bilateral Agreement

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Use of Funding. 7.2. The CMHC Funding and Cost-Matched Funding under this Agreement must be used only for for: (i) Housing Housing, in accordance with the Initiatives and in alignment with the agreed-to Action PlansInitiatives, and in compliance with this Agreement and (ii) the Administration Costs Costs, up to a maximum of 10% agreed to by CMHC in %. They must also comply with at least one of the Action Plan and further defined in the Claims formfollowing eligible uses, all except as otherwise may be set out in Schedule C.the Agreement:

Appears in 1 contract

Samples: Canada Quebec Housing Agreement

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