Common use of Using our Funding Clause in Contracts

Using our Funding. 2.1 We have no obligation to provide any additional funding for the Project and you have no expectation of the same. 2.2 You must use our funding only to meet reasonable costs of the Project that are specified in the Project Budget and incurred in accordance with this Agreement. Subject to this Agreement, you must use all other funds secured for the Project in accordance with any agreement for the provision of those funds. 2.3 If our funding has been spent but all Content isn’t finished, you will ensure sufficient additional funding is obtained to finish the Project in accordance with this Agreement. 2.4 We have no liability to you, or any third party, as a result of, or in any way in connection with, this Agreement or the Project, except only to the extent we have failed to pay an instalment of funding without reasonable excuse. 2.5 You must perform your obligations under this Agreement: (a) promptly with due diligence, care and skill; (b) with appropriately skilled, qualified, experienced and supervised personnel. 2.6 You are not relieved of any obligation under this Agreement by subcontracting or delegating it to any third party, whether directly or indirectly. You are responsible for the acts and omissions of any such third party, as if they were your own acts or omissions.

Using our Funding. 2.1 We have no obligation to provide any additional funding for the Project and you have no expectation of the same. 2.2 You must use our funding only to meet reasonable costs of the Project that are specified in the Project Budget and incurred in accordance with this Agreement. Subject to this Agreement, you must use all other funds secured for the Project in accordance with any agreement for the provision of those funds. 2.3 If our funding has been spent but all Content the Project isn’t finished, you will ensure sufficient additional funding is obtained to finish the Project in accordance with this Agreement. 2.4 We have no liability to you, or any third party, as a result of, or in any way in connection with, this Agreement or the Project, except only to the extent we have failed to pay an instalment of funding without reasonable excuse. 2.5 You must perform your obligations under this Agreement: (a) promptly with due diligence, care and skill;; and (b) with appropriately skilled, qualified, experienced and supervised personnel. 2.6 You are not relieved of any obligation under this Agreement by subcontracting or delegating it to any third party, whether directly or indirectly. You are responsible for the acts and omissions of any such third party, as if they were your own acts or omissions.