Use of the Funds Sample Clauses

Use of the Funds. The RECIPIENT agrees to use Sponsor Fees supplied pursuant to this Agreement exclusively for expenses relating to the Activity and in compliance with the Danish Ethical Rules for Promotion of Medicinal Products towards Healthcare Professionals as well as the Danish Ethical Rules for Collaboration between Patient Organisations and the Pharmaceutical Industry. Furthermore, representation, including travel expenses, meals, and accommodation, as well as genuine registration fees must be in compliance with the rules on the area, cf. inter alia SANOFI’s rules on travel expenses, meals and accommodation, in the Appendix Hospitality Rules to the Special Terms. In the event substantial changes are made to the topic, target, or other material aspect of the Activity, RECIPIENT shall immediately inform SANOFI and SANOFI reserves the right to withhold Sponsor Fees or require return of funds. In the event that all Sponsor Fees provided by SANOFI are not used in connection with the Activity, the RECIPIENT agrees to return unused funds to SANOFI. SANOFI shall have the right, at its expense, to audit and examine all contracts, documents, correspondence, accounts and expense records, and any other materials, which relate specifically to the RECIPIENT's expenditure in relation with the Activity. Such audit shall be conducted by SANOFI or a third party appointed by SANOFI upon reasonable notice and at reasonable times.

Use of the Funds. Funds provided under this Agreement: (a) must only be used for the purposes of carrying out the Project and performing this Agreement; (b) must not be used to cover the cost of any activities completed prior to the execution of this Agreement; (c) must not, unless agreed by the Department in writing, be used to cover the cost of any activities commenced but not yet completed prior to the execution of this Agreement; (d) are not to be applied towards administrative and other general costs of the Recipient unless any such costs are approved in writing by the Department or expressly included in the Project Budget; (e) must not, unless the prior written approval of the Department has been obtained, be used in a manner which is inconsistent with the Project Budget; (f) subject to clause 6.2(g), must not be used as any form of security for the purpose of obtaining or complying with any form of loan, credit, payment or other interest, or for the preparation of, or in the course of any litigation. This clause 6.2(f) does not prevent the Recipient: (i) providing a copy of this Agreement to a prospective financier; or (ii) indicating to prospective financiers that the Department has agreed to provide the Funds for the purposes of the Project; and (g) may form part of an existing security held over the Recipient's assets provided a priority agreement is entered into between the Department, the Recipient and the Recipient's financier or holder of the existing security. The priority agreement must be on terms acceptable to the Department and must not allow the financier or holder of the existing security priority to the Funds.

Use of the Funds. The Donor's gift shall be used to enhance the lives of residents and staff of the Counties' new long-term care facility in the Township of Athens, Ontario. The funds may be used for items needed to enhance the lives of the residents and staff unless otherwise directed to a specific purchase as outlined below:

Use of the Funds. The Funds will be used only for construction of the Facility by AWT Foundation. The Funds will not be used for operating costs of AWT Foundation.

Use of the Funds. Unless We otherwise provide Our prior written consent, You agree to: (a) use the Funds only: (i) to provide the Services, or to procure any Assets required for the Services as stated in the Schedule, in accordance with the Agreement; (ii) in accordance with the Budget and any Budget conditions stated in the Schedule; and (iii) in accordance with any time periods stated in the Schedule for the expenditure of the Funds; and (b) not commit any Funds for expenditure where such expenditure is likely to occur after the end of the Term.

Use of the Funds. (a) Subject to clause 6.5(b), the Recipient must apply or Legally Commit the Funds only: (1) for Eligible Expenditure; (2) in accordance with, and as contemplated in, the then-current Budget as may be amended from time to time under clause 10; (3) so that at all times no more than the Grant Funding Percentage for total Eligible Expenditure incurred or expected to be incurred is sourced from the Funds; and (4) in accordance with the terms and conditions set out in this Funding Agreement. (b) The Recipient must not spend more than 10% of the Funds on Overseas and Interjurisdictional Expenditure unless otherwise agreed in writing by the Department.

Use of the Funds. 2.1 The Funds are extended to Organisation for use in the Project at «Funding_Formula_» from («CY_or_FY»«Period_of_Support_From» to «CY_or_FY»«Period_of_Support_to»). 2.2 If, for any reason, Organisation wishes to change the scope and/or objectives of the Project, Organisation shall inform TB in writing within thirty (30) Working Days of its forming such intention to do so, failing which TB shall assume that there has been no change in the information or projections provided in Organisation’s application. No change of the scope and/or objectives of the Project shall be made without the prior written approval of TB. 2.3 Organisation is expected to achieve the KPIs. Any changes to the KPIs must be submitted to TB for approval before implementing these new KPIs. 2.4 No part of the Funds shall be used for any purposes not stated herein, including without limitation: (a) debt/loan repayments; (b) investments or speculative activities/transactions of any nature or type; (c) religious, political, and/or ideological activities; (d) commercial purposes; and (e) in relation to projects that primarily benefit (i) specific individuals (regardless of nationality or where they are based); and (ii) beneficiaries who are foreigners not based in Singapore. 2.5 TB reserves the right to withdraw, withhold or reduce the amount of any funds approved but not yet disbursed if: (a) funds which have already been disbursed are not applied according to the purpose and/or spirit for which the application was made; (b) the KPIs listed are not met; (c) any information provided by Organisation turns out to be inaccurate or untrue; or (d) there is any non-disclosure of any material information. Notwithstanding the above, nothing herein shall prevent TB from requiring Organisation to immediately repay any of the Funds released to Organisation irrespective of whether Organisation has used such funds. 2.6 TB shall not be liable for any commitments entered into by Organisation in the expectation of the receipt of funds from TB.

Use of the Funds. Funds provided under this Agreement: (a) must only be used for the purposes of carrying out the Project and performing this Agreement; (b) must not be used to cover the cost of any activities completed, or commenced but not yet completed, prior to the execution of this Agreement; and (c) are not to be applied towards administrative and other general costs of the Recipient.

Use of the Funds. Subject to clause 6.5(b), the Recipient must apply or Legally Commit the Funds only: for Eligible Expenditure; in accordance with, and as contemplated by, the then-current Budget; so that at all times no more than the Grant Funding Percentage for total Eligible Expenditure incurred or expected to be incurred is sourced from the Funds; and in accordance with the terms and conditions set out in this Funding Agreement. The Recipient must provide the Departments with written notice prior to Legally Committing the Funds on any Overseas and Interjurisdictional Expenditure and follow the directions given by the Departments (acting reasonably) with respect to any Overseas and Interjurisdictional Expenditure. Any directions given by the Departments under this clause does not constitute a waiver, approval or consent with respect to any obligations the Recipient may have under this Funding Agreement or at Law.

Use of the Funds. The Funds shall be used by BLM and MDFWP to secure a new conservation project located within the Tongue River drainage system ("the New Project"). The nature and location of the New Project shall be within the sole discretion of BLM and MDFWP; provided, however, the location of the New Project shall be off of the present or future Mine site; and, provided, further, that if the New Project is located further than one hundred and fifty (150) miles from the Mine, then the written consent of Spring Creek must be first obtained. Spring Creek's consent shall not be unreasonably withheld. The ability of BLM and MDFWP to successfully negotiate and acquire the New Project shall in no manner affect the validity of any other provision of this Agreement, including but not limited to the provision of Section 3 hereof. In the event that Spring Creek defaults on the terms set forth in this Agreement, BLM will draw on the irrevocable Letter of Credit to provide the agreed upon mitigation funding for the New Project.