Common use of USE OF GRANT FUNDING Clause in Contracts

USE OF GRANT FUNDING. 3.1. The Grantee shall not use the Grant for expenditure on any of the following activities: a) Expenditure of a party political or exclusively religious nature; b) Activities not commissioned by the Department and intended to influence or attempt to influence Parliament, Government departments or political parties, or attempting to influence legislative or regulatory action; c) Activities funded from other sources; d) Activities not set out in the in the Grantee Application; e) Overheads allocated or apportioned at rates materially in excess of those used for any similar activity work carried out by the Grantee; f) Activities that result in commercial gain or profit; g) Any costs incurred or expenditure commitments entered into by the Grantee before the Commencement Date including pre-existing debts, i.e. provisions, contingent liabilities or contingencies; h) Dividends declared; i) Interest charges; j) Service charges arising on finance leases, hire purchase and credit arrangements; k) Costs resulting from the deferral of payments to creditors; l) Depreciation and amortisation of assets to the extent that the costs of the assets have been funded by the Grant; m) Costs involved in winding up a company; n) Redundancy payments o) Payments into private pension schemes or for unfunded pensions; p) Motoring fines, statutory fines and penalties, and any other fines; q) Compensation for loss of office, bad debts arising from loans to proprietors, partners, employees, directors, shareholders, guarantors, or a person connected with any of these; r) Gifts and entertaining (entertaining for this purpose means anything that would be a taxable benefit to the person being entertained, according to current UK tax regulations); s) Travel and subsistence that would give rise to a taxable benefit were the cost to be incurred by, but not borne by, an individual; t) Reclaimable VAT and any other tax (except PAYE); u) Late payment charges for credit or charge cards (unless incurred as a result of late reimbursement by the Department); v) Any liability arising out of negligence on the part of the Grantee or its representatives, sub-contractors and agents; w) Payments arising from a contractual commitment by single tender action with a current or former director of the Grantee or current or former member of its staff without written approval from the Department; x) Any profit element. For the avoidance of doubt, no profit, dividends, bonuses and/or any similar or equivalent benefit will be paid to the owners, members and directors of the Grantee or any other organisation or persons; y) Purchase of land or the purchase and/or construction of buildings (unless the relevant purchase and/or construction is explicitly identified in the Letter as being within the scope of the Project); z) Penalties/civil damages arising from civil/criminal legal proceedings taken against the Grantee or civil proceedings started by the Grantee, whether or not the Grantee is successful or acquitted, even if the proceedings were in pursuance of, or in consequence of the Project being grant aided.

Appears in 5 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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USE OF GRANT FUNDING. 3.1. The Grantee Grant Recipient shall not use the Grant Funding for expenditure on any of the following activities: a) Expenditure activities or those listed in Schedule 7 as specific to this Grant: expenditure for activities of a party political or exclusively religious nature; b) Activities not commissioned by the Department and ; payment that supports lobbying or activities intended to influence or attempt to influence Parliament, Government departments or political parties, or attempting to influence the awarding or renewal of contracts and grants, or attempting to influence legislative or regulatory action; c) Activities ; using grant funding to petition for additional funding; goods or services that the Grant Recipient has a statutory duty to provide; activities funded from other sources; d) Activities sources including any costs that have been fully or partially funded through an alternative grant; activities not set out in the in the Grantee Application; e) Overheads Approved Project; overheads allocated or apportioned at rates materially in excess of those used for any similar activity work carried out by the Grantee; f) Activities Grant Recipient; activities that result in commercial gain or profit; g) Any ; any costs incurred or expenditure commitments entered into by the Grantee Grant Recipient before the Commencement Date including pre-existing debts, i.e. provisions, contingent liabilities or contingencies; h) Dividends ; running a small grant scheme; loans, including the repayment of loans for any items purchased with loaned funds; dividends declared; i) Interest ; interest charges; j) Service , on any debt for example; service charges arising on finance leases, hire purchase and credit arrangements; k) Costs ; costs resulting from the deferral of payments to creditors; l) Depreciation ; other finance charges or operating costs; depreciation and amortisation of assets to the extent that the costs of the assets have been funded by the Grant; m) Costs Grant Funding; costs involved in winding up a company; n) Redundancy ; redundancy payments o) Payments , unless in consequence of termination of the Grant Funding in respect of which the provisions of clause 6.3 shall apply; payments into private pension schemes or for unfunded pensions; p) Motoring ; motoring fines, statutory fines and penalties, and any other fines; q) Compensation ; compensation for loss of office, bad debts arising from loans to proprietors, partners, employees, directors, shareholders, guarantors, or a person connected with any of these; r) Gifts ; gifts and entertaining (entertaining for this purpose means anything that would be a taxable benefit to the person being entertained, according to current UK tax regulations); s) Travel entertaining; travel and subsistence that would give rise to a taxable benefit were the cost to be incurred by, but not borne by, an individual; t) Reclaimable ; reclaimable VAT and any other tax (except PAYE); u) Late ; late payment charges for credit or charge cards (unless incurred as a result of late reimbursement by the DepartmentAuthority); v) Any ; any liability arising out of negligence on the part of the Grantee Grant Recipient or its representatives, sub-contractors and agents; w) Payments ; payments arising from a contractual commitment by single tender action with a current or former director of the Grantee Grant Recipient or current or former member of its staff without written approval from the Department; x) Any Authority; any profit element. For the avoidance of doubt, no profit, dividends, bonuses and/or any similar or equivalent benefit will be paid to the owners, members and directors of the Grantee Grant Recipient or any other organisation or persons; y) Purchase ; purchase of land or the purchase and/or construction of buildings (unless the relevant purchase and/or construction is explicitly identified in the Letter as being within the scope of the Project); z) Penaltiesbuildings; payments reimbursed or to be reimbursed by other public or private sector grants; penalties/civil damages arising from civil/criminal legal proceedings taken against the Grantee Grant Recipient or civil proceedings started by the GranteeGrant Recipient, whether or not the Grantee Grant Recipient is successful or acquitted, even if the proceedings were in pursuance of, or in consequence of the Project project being grant aided; preventative or scheduled maintenance costs; any costs recoverable in part or in total by making a claim on an insurance policy or by seeking compensation or damages Should any part of the Grant Funding remain unspent or uncommitted at the end of the Grant Period, the Grant Recipient shall ensure that any unspent or uncommitted monies are returned to the Authority, unless otherwise agreed in writing by the Authority. Any liabilities arising at the end of the Approved Project including any redundancy liabilities relating to staff employed by the Grant Recipient specifically to deliver the Approved Project must be managed and paid for by the Grant Recipient using the Grant Funding or other resources of the Grant Recipient. There will be no additional funding available from the Authority for this purpose.

Appears in 1 contract

Samples: Grant Funding Agreement

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