Common use of Use of Grant Clause in Contracts

Use of Grant. The Grant shall be used by the Recipient for the delivery of the Project in accordance with the agreed budget set out in Error: Reference source not found. Where the Recipient has obtained funding from a third party in relation to its delivery of the Project (including funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Error: Reference source not found together with a clear description of what that funding shall be used for. The Recipient shall not use the Grant to: make any payment to members of its Governing Body; purchase buildings or land; or pay for any expenditure commitments of the Recipient entered into or accruing before the Commencement Date, unless this has been approved in writing by RSSB. The Recipient shall not spend any part of the Grant on the delivery of the Project after the Grant Period. Should any part of the Grant remain unspent at the end of the Grant Period, the Recipient shall ensure that any unspent monies are returned to RSSB or, if agreed in writing by RSSB, shall be entitled to retain the unspent monies to use for charitable purposes as agreed between the parties in writing. Any liabilities arising at the end of the Project including any redundancy liabilities for staff employed by the Recipient to deliver the Project must be managed and paid for by the Recipient using the Grant or other resources of the Recipient. There will be no additional funding available from RSSB for this purpose. Accounts and records The Grant shall be shown in the Recipient's accounts as a restricted fund and shall not be included under general funds. The Recipient shall keep separate, accurate and up-to-date accounts and records of the receipt and expenditure of the Grant monies received by it. The Recipient shall keep all invoices, receipts, and accounts and any other relevant documents relating to the expenditure of the Grant for a period of at least six years following receipt of any Grant monies to which they relate. RSSB shall have the right to review, at RSSB's reasonable request, the Recipient's accounts and records that relate to the expenditure of the Grant and shall have the right to take copies of such accounts and records. The Recipient shall provide RSSB with a copy of its annual accounts within six months (or such lesser period as RSSB may reasonably require) of the end of the relevant financial year in respect of each year in which the Grant is paid. The Recipient shall comply and facilitate RSSB's compliance with all statutory requirements as regards accounts, audit or examination of accounts, annual reports and annual returns applicable to itself and RSSB.

Use of Grant. The Grant shall be used by the Recipient for costs incurred in connection with the delivery of the Project which: are listed in accordance the Project proposal in Schedule 1 or otherwise agreed in writing with the agreed budget set out Project Manager; and (in Error: Reference source not found. Where either event) meet the Recipient has obtained funding from a third party in relation to its delivery definition of the Project (including funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Error: Reference source not found together with a clear description of what that funding shall be used forEligible Costs. The Recipient shall not use the Grant to: make any payment to members of its Governing Body; purchase buildings or land; or pay for any expenditure commitments of the Recipient entered into or accruing before the Commencement Date, unless this has been approved in writing by RSSB. The Recipient shall not spend any part of the Grant on the delivery of the Project after the Grant Period. Should any part of the Grant remain unspent at the end of the Grant Period, the Recipient shall ensure that any unspent monies are returned to RSSB or, if agreed in writing by RSSB, shall be entitled to retain the unspent monies to use for charitable purposes as agreed between the parties in writing. Any liabilities arising at the end of the Project including any redundancy liabilities for staff employed by the Recipient to deliver the Project must be managed and paid for by the Recipient using the Grant or other resources of the Recipient. There will be no additional funding available from RSSB for this purpose. Accounts and records The Where any element of the Grant is paid in advance, such Grant shall be shown in treated for the purposes of the Recipient's accounts as a restricted fund and shall not be included under general funds. The Recipient shall keep separate, accurate and up-to-date accounts and records of the receipt and expenditure of the Grant monies received by it. The Recipient shall keep all invoices, receipts, and accounts and any other relevant documents relating to the expenditure of the Grant for a period of at least six years following receipt of any Grant monies to which they relate. RSSB shall have the right to review, at RSSB's reasonable request, the Recipient's accounts and records that relate to the expenditure of the Grant and shall have the right to take copies of such accounts and records. The Recipient shall provide RSSB with a copy of its annual accounts within six months (or such lesser period as RSSB may reasonably require) of the end of the relevant financial year in respect of each year in which the Grant is paidupon RSSBs request. The Recipient shall comply and facilitate RSSB's compliance with all statutory requirements as regards accounts, audit or examination of accounts, annual reports and annual returns applicable to itself and RSSB.

Use of Grant. The Grant shall be used by the Recipient for the capital costs of the delivery of the Project, in order to achieve the Project Aims in accordance with the agreed budget set out in Error: Reference source not found. Where the Recipient has obtained funding from a third party in relation to its delivery of the Project (including funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Error: Reference source not found together with a clear description of what that funding shall be used forbusiness case attached at Schedule 1. The Recipient shall not use the Grant to: make any payment to members of its Governing Body; or purchase buildings or land; or pay for any expenditure commitments of the Recipient entered into or accruing before the Commencement Date, land unless this has been approved in writing by RSSBthe Funder. The Recipient shall not spend any part of the Grant on the delivery of the Project after the Grant PeriodPeriod without the Funder’s prior written consent. Should The Recipient shall at all times during the Grant Period ensure that all contracts that it places to deliver any part of the Project comply with the Procurement Regulations and shall not spend the Grant or any part of the Grant remain unspent at in connection with a contract which was not procured, or does not comply with the end Procurement Regulations except where the contract is outside the scope of the Grant Period, Procurement Regulations. The Recipient acknowledges and agrees that the Funder will not provide any additional funding for the Project. The Recipient shall ensure agrees that any unspent monies are returned to RSSB or, if agreed in writing by RSSB, it shall be entitled to retain responsible for any additional costs over and above the unspent monies to use for charitable purposes as agreed between Grant in connection with the parties in writingProject. Any liabilities arising at the end of the Project including any redundancy liabilities for staff employed by the Recipient to deliver the Project must be managed and paid for by the Recipient using the Grant or other resources of the Recipient. There will be no additional funding available from RSSB the Funder for this purpose. While carrying out the Project the Recipient shall comply with all applicable statutes and bye-laws, and all regulations, rules and delegated legislation, relevant to the Project. The Recipient shall immediately report to the Funder and Programme Manager any loss of or abuse of funds for any reason. Accounts and records The Grant shall be shown in the Recipient's accounts as a restricted fund and shall not be included under in any general funds. The Recipient shall keep separate, accurate and up-to-date accounts and records of the receipt and expenditure of the Grant monies received by it. The Recipient shall keep all invoices, receipts, and accounts and any other relevant documents relating to the expenditure of the Grant for a period of at least six three years following receipt of any the last Grant monies to which they relatepayment received. RSSB The Funder shall have the right to review, at RSSBthe Funder's reasonable request, the Recipient's accounts and records that relate to the expenditure of the Grant and shall have the right to take copies of such accounts and records. The Recipient shall provide RSSB comply with a copy of its annual accounts within six months (or such lesser period as RSSB may reasonably require) of any request from the end of Funder which relates to the relevant financial year in respect of each year in which the Grant is paid. The Recipient shall comply and facilitate RSSBFunder's compliance with all statutory requirements as regards accounts, audit or examination of accounts, annual reports and annual returns applicable to the Funder. Monitoring and reporting The Recipient shall monitor the delivery and success of the Project through Project Milestones to ensure that the aims and objectives of the Project are being met and that this Agreement is being adhered to, and deliver written updates to the Funder every three months. The Recipient shall on request provide the Funder with such information, explanations and documents as the Funder may reasonably require in order for it to establish that the Grant is being or has been used properly in accordance with this Agreement, and in particular to monitor delivery of the Project Aims. The Recipient shall permit any person authorised by the Funder such reasonable access to its employees, agents, premises, facilities and records, for the purpose of discussing, monitoring and evaluating the Recipient's fulfilment of the conditions of this Agreement and shall, if so required, provide appropriate oral or written explanations from them. The Recipient shall permit any person authorised by the Funder to visit the Recipient once a year to monitor the delivery of the Project. Where, in its reasonable opinion, the Funder considers that additional visits are necessary to monitor the Project, it shall be entitled to authorise any person to make such visits on its behalf. The Recipient shall, at the request of the Funder, facilitate periodic senior management level updates every six monthly and meet Funder’s nominated representative at intervals of no more than 3 months to allow the Funder to monitor delivery of the Project Aims. The Recipient shall provide the Funder with a final report on completion of the Project which shall confirm whether the Project Aims have been successfully completed. Not used Acknowledgment and publicity Not used Neither the Recipient nor the Funder shall publish any material referring to the Project without the prior written agreement of the other. The Recipient shall acknowledge the support of the Funder in any materials that refer to the Project and in any written or spoken public presentations about the Project. Such acknowledgements (where appropriate or as requested by the Funder) shall include the Funder's name and logo (or any future name or logo adopted by the Funder) using the templates provided by the Funder from time to time. In using the name or logo of the other party the Funder or the Recipient as appropriate shall comply with all reasonable branding guidelines. The Funder and the Recipient each agree to use reasonable endeavours to participate in and co-operate with promotional activities relating to the Project that may be instigated and/or organised by either party. The Recipient shall comply with all reasonable requests from the Funder to facilitate visits, provide reports, statistics, photographs and case studies that will assist the Funder to track and assess progress and performance of the Project and/or with any promotional and fundraising activities relating to the Project. Intellectual Property Rights The Funder and the Recipient agree that all rights, title and interest in or to any information, data, reports, documents, procedures, forecasts, technology, Know-How and any other Intellectual Property Rights whatsoever owned by either the Funder or the Recipient before the Commencement Date or developed by either party during the performance of their respective obligations under this Agreement or outside of the Project during the Grant Period, shall remain the property of that party. Where the Funder has provided the Recipient with any of its Intellectual Property Rights for use in connection with the Project (including without limitation its name and logo), the Recipient shall, on termination of this Agreement, cease to use such Intellectual Property Rights immediately and shall either return or destroy such data relating to Intellectual Property Rights as requested by the Funder. Unless expressly provided by this Agreement the Funder does not transfer any of its Intellectual Property Rights to the Recipient or give any licence to use its Intellectual Property Rights. Each party shall immediately give written notice to the other party of any actual, threatened or suspected infringement or unauthorised use of any party’s Intellectual Property Rights under or in connection with this Agreement. No party to this Agreement shall take any action that might invalidate the Intellectual Property Rights owned by or licensed to the other party. The provisions of this clause shall survive expiry or termination of this Agreement. The Recipient hereby grants to the Funder (for itself and RSSBfor the benefit of any successor and assigns) a non-exclusive, irrevocable, royalty-free licence to any Intellectual Property Rights which are generated by the Recipient or anyone else working on the Project as a result of the Project.

Use of Grant. The Recipient may only use the Grant shall be used by the Recipient for the delivery of the Project in accordance with the agreed budget set out in Error: Reference source not foundSchedule 3. Where The amount of the Grant that the Recipient has obtained funding from a third party may spend on any item of Eligible Expenditure listed in relation to its delivery column 1 of Schedule 3 must not exceed the corresponding sum of money listed in column 2 without the prior written agreement of the Project (including funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Error: Reference source not found together with a clear description of what that funding shall be used forFunder. The Recipient shall must not use the Grant to: make purchase or improve any payment to members of its Governing BodyAsset(s) [at an individual or cumulative cost exceeding £[AMOUNT]]; purchase buildings spend on advertising, communications, consultancy or landmarketing; or pay for any expenditure commitments of the Recipient entered into or accruing before the Commencement Date, unless this has been approved in writing by RSSBthe Funder. The Recipient shall must not spend any part of the Grant on the delivery of the Project after the Grant PeriodPeriod without the prior written consent of the Funder. Should If any part of the Grant remain remains unspent at the end of the Grant PeriodPeriod [or any Financial Year] or on early termination of this agreement, the Recipient shall must ensure that any those unspent monies are promptly returned to RSSB or, if agreed the Funder unless otherwise directed in writing by RSSB, shall the Funder. The Recipient will be entitled to retain the unspent monies to use for charitable purposes as agreed between the parties in writing. Any liabilities arising at the end sole recipient of the Project including Grant. The Recipient will be responsible for managing the Grant as between itself and any redundancy liabilities third parties involved in performing the Project. This includes securing the re-payment of the Grant if requested by the Funder in accordance with this agreement. Eligible Expenditure comprises: the items in Schedule 3 up to the maximum amounts specified in Schedule 3; fees charged to the Grant Recipient by external auditors or accountants for staff employed certifying that the Grant paid was applied for its intended purposes in accordance with 128.5; and [OTHER PERMITTED EXPENDITURE]. The Grant must not be used for any of the following non-exhaustive list of items: paid for lobbying, which means using the Grant to fund lobbying (via an external firm or in-house staff) intended to influence Parliament, government or political activity or attempting to influence legislative or regulatory action; using the Grant to enable one part of government to challenge another on topics unrelated to the agreed purpose of the Grant; using the Grant to petition for additional funding; expenses, such as for entertaining, specifically aimed at exerting undue influence to change government policy; input VAT reclaimable by the Recipient from His Majesty's Revenue and Customs (HMRC); payments for activities of a political or exclusively religious nature; interest payments or service charge payments for finance leases; gifts; statutory fines, criminal fines or penalties; payments for work or activities which the Recipient, or any associated entity, has a statutory duty to deliver undertake or that are fully funded by other sources; bad debts to related parties; the Project must be managed depreciation, amortisation or impairment of assets; and paid novel or contentious payments [without the prior written consent of the Funder]. This includes any payment that could cause embarrassment to the Funder (for by the Recipient using the Grant example, any excessive severance payment, unfair dismissal costs or other resources of the Recipient. There will be no additional funding available from RSSB for this purpose. Accounts and records The Grant shall be shown in the Recipient's accounts as a restricted fund and shall not be included under general funds. The Recipient shall keep separate, accurate and up-to-date accounts and records of the receipt and expenditure of the Grant monies received by it. The Recipient shall keep all invoices, receipts, and accounts and any other relevant documents relating to the expenditure of the Grant for a period of at least six years following receipt of any Grant monies to which they relate. RSSB shall have the right to review, at RSSB's reasonable request, the Recipient's accounts and records that relate to the expenditure of the Grant and shall have the right to take copies of such accounts and records. The Recipient shall provide RSSB with a copy of its annual accounts within six months (or such lesser period as RSSB may reasonably require) of the end of the relevant financial year in respect of each year in which the Grant is paid. The Recipient shall comply and facilitate RSSB's compliance with all statutory requirements as regards accounts, audit or examination of accounts, annual reports and annual returns applicable to itself and RSSBcompensation).

Use of Grant. The Grant shall be used by the Recipient for the delivery of the Project for the Purpose in accordance with the agreed budget set out in Error: Reference source Schedule 3. [For the avoidance of doubt, the amount of the Grant that the Recipient may spend on any item of expenditure listed in column 1 of Schedule 3 shall not foundexceed the corresponding sum of money listed in column 2 without the prior written agreement of the Commissioner.] The Grant shall be used for Eligible Expenditure which is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT. The Recipient must seek efficiency and best value for money when spending the Grant, including the consideration of co-commissioning of services and integration of services. The Recipient is expected to comply with the procurement procedures and policies of its own organisation. Where the Recipient has obtained funding from a third party in relation to its delivery of the Project (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Error: Reference source not found Schedule 3 together with a clear description of what that funding shall be used for. The Recipient shall not use the Grant to: make any payment to members of its Governing Body; support activity intended to influence or attempt to influence Parliament, government or political parties, or attempting to influence the awarding or renewal of contracts and grants, or attempting to influence legislative or regulatory action; promote religious activity (other than inter-faith activity); further commercial purposes (save where such purposes are consistent with the Purposes); purchase buildings or land; or pay for any expenditure commitments of the Recipient entered into or accruing before the Commencement Date, unless this has been approved in writing by RSSBthe Commissioner. The Recipient shall not spend any part of the Grant on the delivery of the Project after the Grant Period. The Recipient must notify the Commissioner as soon as reasonably practicable if an annual underspend is forecast. Any underspend of Grant funds must be returned to the Commissioner. Grant monies cannot be carried forward to the following financial year except with written consent from the Commissioner. Should any part of the Grant remain unspent at the end of the Grant Period, the Recipient shall ensure that any unspent monies are returned to RSSB or, if agreed in writing by RSSB, shall be entitled to retain the unspent monies to use for charitable purposes as agreed between the parties in writingCommissioner within [specify timeframe]. Any liabilities arising at the end of the Project including any redundancy liabilities for staff employed by the Recipient to deliver the Project must be managed and paid for by the Recipient using the Grant or other resources of the Recipient. There will be no additional funding available from RSSB the Commissioner for this purpose. Accounts and records The Grant shall be shown in [Recipient OR Commissioner] may determine the Recipient's accounts ownership of any Assets created as a restricted fund and shall not be included under general funds. The Recipient shall keep separate, accurate and up-to-date accounts and records result of the receipt and expenditure of Project or purchased with the Grant monies received by it. The Recipient shall keep all invoices, receipts, and accounts and any other relevant documents relating to the expenditure of the Grant for a period of at least six years following receipt of any Grant monies to which they relate. RSSB shall have the right to review, at RSSB's reasonable request, the Recipient's accounts and records that relate to the expenditure of the Grant and shall have the right to take copies of such accounts and records. The Recipient shall provide RSSB with a copy of its annual accounts within six months (or such lesser period as RSSB may reasonably require) of the end of the relevant financial year in respect of each year in which the Grant is paid. The Recipient shall comply and facilitate RSSB's compliance with all statutory requirements as regards accounts, audit or examination of accounts, annual reports and annual returns applicable to itself and RSSBGrant.

Use of Grant. The Grant shall be used by the Recipient for the delivery of the Project in accordance with the agreed budget set out in Error: Reference source Schedule 3. For the avoidance of doubt, the amount of the Grant that the Recipient may spend on any item of expenditure listed in column 1 of Schedule 3 shall not foundexceed the corresponding sum of money listed in column 2 without the prior written Agreement of the Funder. Where the Recipient has obtained funding from a third party in relation to its delivery of the Project (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in the budget in Error: Reference source not found Schedule 3 together with a clear description of what that funding shall be used for. The Recipient shall not use the Grant to: make any payment to members of its Governing Body; purchase buildings or land; or pay for any expenditure commitments of the Recipient entered into or accruing before the Commencement Date, unless this has been approved in writing by RSSB. The Recipient shall not spend any part of the Grant on the delivery of the Project after the Grant Period. Should any part of the Grant remain unspent at the end of the Grant Period, the Recipient shall ensure that any unspent monies are returned to RSSB the Funder or, if agreed in writing by RSSBthe Funder, shall be entitled to retain the unspent monies to use for charitable purposes as agreed between the parties in writingparties. Any liabilities arising at the end of the Project including any redundancy liabilities for staff employed by the Recipient to deliver the Project must be managed and paid for by the Recipient using the Grant or other resources of the Recipient. There will be no additional funding available from RSSB the Funder for this purpose. Accounts and records The Grant shall be shown in the Recipient's ’s accounts as a restricted fund and shall not be included under general funds. The Recipient shall keep separate, accurate and up-to-date accounts and records of the receipt and expenditure of the Grant monies received by it. The Recipient shall keep all invoices, receipts, and accounts and any other relevant documents relating to the expenditure of the Grant for a period of at least six years following receipt of any Grant monies to which they relate. RSSB The Funder shall have the right to review, at RSSB's the Funder’s reasonable request, the Recipient's ’s accounts and records that relate to the expenditure of the Grant and shall have the right to take copies of such accounts and records. Monitoring and reporting The Recipient shall closely monitor the delivery and success of the Project throughout the Grant Period to ensure that the aims and objectives of the Project are being met and that this Agreement is being adhered to. The Recipient shall provide RSSB the Funder with a copy an annual financial report and an annual operational report on its use of its annual accounts within six months (or the Grant and delivery of the Project in such lesser period formats as RSSB the Funder may reasonably require. The Recipient shall provide the Funder with each report within one month of each anniversary of the Commencement Date. Where the Recipient has obtained funding from a third party for its delivery of part of the Project, the Recipient shall include the amount of such funding in its financial reports together with details of what that funding has been used for. Along with its annual financial report, the Recipient shall provide the Funder with a risk register and insurance review in the format provided by the Funder. The Recipient shall, amongst others, address the health and safety of its staff in the risk register. The Recipient shall on request provide the Funder with such further information, explanations and documents as the Funder may reasonably require in order for it to establish that the Grant has been used properly in accordance with this Agreement. The Recipient shall permit any person authorised by the Funder such reasonable access to its employees, agents, premises, facilities and records, for the purpose of discussing, monitoring and evaluating the Recipient’s fulfilment of the conditions of this Agreement and shall, if so required, provide appropriate oral or written explanations from them. The Recipient shall co-operate with the Funder (including with the individual nominated by the Funder to collaborate on the Project) on all matters relating to the Project and the Grant. The Recipient shall provide the Funder with a final report on completion of the Grant Period which shall confirm whether the Project has been successfully and properly completed. Such report shall be produced within two months of the end of the relevant financial year Grant Period. The Recipient shall appoint a person responsible for managing the Project on behalf of the Recipient (Principal Investigator). The Recipient shall not remove or replace the Principal Investigator unless: requested to do so by the Funder; the person is on long-term sick leave; the element of the Project in respect of each year in which the individual was engaged has been completed; the person resigns from their employment with the Recipient; the person ceases to be a student at the Recipient; or the Recipient obtains prior written consent of the Funder. The Funder may request on reasonable notice at any time during the Grant is paidPeriod and up to six months following the end of the Grant Period that the Principal Investigator (and/or any appointed researcher) attend meetings with the Funder to present information about the Project. Acknowledgment and publicity The Recipient shall acknowledge the Grant in its annual report and accounts, including an acknowledgement of the Funder as the source of the Grant. The Recipient shall acknowledge the support of the Funder in any materials that refer to the Project and in any written or spoken public presentations about the Project. Such acknowledgements (where appropriate or as requested by the Funder) shall include the Funder’s name and logo (or any future name or logo adopted by the Funder) using the templates provided by the Funder from time to time. In using the Funder’s name and logo, the Recipient shall comply with all reasonable branding guidelines issued by the Funder from time to time. The Recipient agrees to participate in and co-operate with promotional activities relating to the Project that may be instigated and/or organised by the Funder. The Funder may acknowledge the Recipient’s involvement in the Project as appropriate without prior notice. The Recipient shall comply and facilitate RSSB's compliance with all statutory requirements reasonable requests from the Funder to facilitate visits, provide reports, statistics, photographs and case studies that will assist the Funder in its promotional and fundraising activities relating to the Project. The Project is undertaken by the Recipient in pursuance of a primary charitable purpose of the Recipient; that is the advancement of education through teaching and research. Therefore, notwithstanding any other provision of this Agreement any employee or student of the Recipient (in each case whether or not involved in the Project) may discuss work undertaken as regards accountspart of the Project in Recipient seminars, audit tutorials and lectures. Notwithstanding any other provision of this Agreement, the Recipient shall publish work undertaken as part of the Project. The Recipient will submit to the Funder, in writing, details of any of the results which any employee or examination student of accountsthe Recipient intends to Publish, annual reports at least 30 days before the date of the proposed submission for publication (open access preferred). The Recipient will submit to the Funder, a copy of any work published under or in connection with the Project, within 7 days of such publication. The Recipient will submit to the Funder, a copy of any publicity materials containing the any work undertaken as part of the Project at least 7 days before the date of publication. The Recipient agrees that any work published under or in connection with the Project, may be displayed and/or used by the Funder on its website and annual returns applicable publicity materials. Where requested by the Funder, the Recipient shall procure any licence to itself give effect to this clause on such terms as reasonably required by the Funder. Intellectual Property Rights The Funder and RSSBthe Recipient agree that all rights, title and interest in or to any information, data, reports, documents, procedures, forecasts, technology, Know-How and any other Intellectual Property Rights whatsoever owned by either the Funder or the Recipient before the Commencement Date or developed by either party during the Grant Period, shall remain the property of that party. Where the Funder has provided the Recipient with any of its Intellectual Property Rights for use in connection with the Project (including without limitation its name and logo), the Recipient shall, on termination of this Agreement, cease to use such Intellectual Property Rights immediately and shall either return or destroy such Intellectual Property Rights as reasonably requested by the Funder.