Xxxxx Disbursement. CHARITABLE VENTURES will disburse the Grant to the Business or Nonprofit within 10 business days after all the following have been completed: 1) all Parties have approved this Agreement, 2) the Business or Nonprofit has submitted the required application, financial, and disbursement forms, hereby attached as part of this agreement.
Xxxxx Disbursement. Charitable Ventures will disburse the Grant to the Business on a first come, first served basis, after all of the following have been completed: 1) all Parties have signed this Agreement, 2) the Business has submitted the required application, financial, and disbursement forms, hereby attached as part of this Agreement. 3) all documents have been verified and approved.
Xxxxx Disbursement. 1. Grantee will disburse grant funds as approved by the Grantor. Requests for reimbursement may be submitted monthly or more frequently if authorized to do so by the Grantor. Ordinarily, payment will be made within 30 days after receipt of a proper request for reimbursement. Payment will be made by electronic funds transfer.
2. The Grantee shall not request reimbursement for the Federal share of amounts withheld from contractors to ensure satisfactory completion of work until after those payments are made.
3. When Grant funds are used for construction, Standard Form 271, ''Outlay Report and Request for Reimbursement for Construction Programs,'' or other format prescribed by Grantor shall be used to request reimbursements.
4. When Grant funds are not used for construction, Standard Form 270, ''Request for Advance or Reimbursement,'' or other format prescribed by Grantor shall be used to request reimbursements.
Xxxxx Disbursement. Charitable Ventures will disburse the Grant to the Business within 10 business days after all of the following have been completed: 1) all Parties have agreed to the terms and conditions of the Grant, 2) the Business has submitted the required application, financial, and disbursement forms, hereby attached as part of this agreement, 3) funds are received by Charitable Ventures.
Xxxxx Disbursement. 1. The Faculty Research Budget Estimate prepared based on the budget estimate outline shown in Appendix 3.3 and approved by JNUH as an estimate is attached in Annex of this agreement and shall be used as a reference for allowable expenditure and approval by the JNUH for adjustment during the project period.
2. The Research Fund is transferred to the Host Institution of the Principal Investigator in installments outlined in the Table below to be disbursed by the Host Institution to the Principal Investigator following the procedure outlined in Article B-5.
3. The procedure for the disbursement of the Research Fund from the Host Institution to the Principal Investigator in installments as requested by the PI is as follows:
a. The Principal Investigator and Co-Investigators prepare a plan for research activities/procurement with cost estimation and submit it to the JNUH for approval.
b. The JNUH provides a letter of approval to the Principal Investigator. The JNUH may also suggest a revision in the plan.
c. The Principal Investigator submits a request for the fund to the Host Institution along with the plan of activities/procurement and cost estimation, and the letter of approval received from the JNUH.
d. The Host Institution disburses the requested funds to the Principal Investigator
e. The Host Institution audits the Research Project expenditure following the rules of the Institution.
4. The Overhead Cost is for covering research management costs in the Institutions. Research Management Cell or any equivalent body in the Institutions is expected to receive a part or whole of the Overhead Cost.
A. Research Fund (Transferred to the Host Institution of the Principal Investigator) Amount (Rs.) Installments 1. 40% after the signing of the agreement 2. 30% after the submission of the first Progress Report (Inception Report) to the JNUH 3. 20% after the submission of the progress report prior to the final report to the JNUH 4. 10% after submitting the duly completed final report to the JNUH
B. Institutional Overhead Cost (Paid to the Host Institution of the Principal Investigator) Amount (Rs.) Disbursement • To the Host Institution of the Principal Investigator • In the same installments scheme as for Research Fund
5. The parties understand that as the research project progresses, depending upon the results obtained and prevailing condition of market, the headings and the estimate of expenditure may need adjustment.
6. Any adjustment in the budget estimate made b...
Xxxxx Disbursement. CHARITABLE VENTURES will disburse the Grant to the Arts Related Business/Non-Profit within 10 business days after all the following have been completed: 1) all Parties have signed this Agreement, 2) the Business has submitted the required application, financial, and disbursement forms, hereby attached as part of this agreement.
Xxxxx Disbursement. Charitable Ventures will disburse the Grant to the Business after all of the following have been completed: 1) all Parties have signed this Agreement, 2) the Business has submitted the required application, financial, and disbursement forms, 3) The Program Agreement and Scope of Work has been approved by the City of Corona, 4) The work has been completed on-time and approved by the City of Corona, 5) all documents and receipts have been verified and approved.
Xxxxx Disbursement. Following approval of this Agreement by a duly authorized City Ordinance and execution of this Agreement by the Parties, the GRANTOR will make the Grant Funds available to GRANTEE in the manner set forth below:
1. GRANTOR shall make a disbursement available to GRANTEE within sixty (60) days of GRANTEE submitting to GRANTOR written notice of meeting the applicable threshold for the number of jobs created under the Full-Time Job Requirement and GRANTOR verifying such certification as required under the terms of this Agreement. The amount of disbursement shall be an amount equivalent to ONE THOUSAND TWO HUNDRED FIFTY DOLLARS AND NO/CENTS ($1,250.00) multiplied by the number of New Full Time Jobs (not to exceed four hundred fifty (450) jobs) qualifying and hired in accordance with the terms of this Agreement, paying an annual salary at or above the Minimum Annual Salary, and not having been counted toward GRANTEE’s Full-Time Job Requirement previously. The total amount of Grant Funds to be paid to GRANTEE under this Agreement shall be made upon the attainment by GRANTEE creating the number of New Full Time Jobs set forth for each threshold (e.g., 150, 300 and 450 jobs) not exceed $562,500.00 and shall be made available to GRANTEE as follows:
2. The Parties acknowledge that and agree that once Grant Funds are paid for the creation of a position that meets the wage criteria and other terms under this Agreement, GRANTOR shall not pay GRANTEE Grant Funds for the same position at a later time.
3. Once hired, XXXXXXX shall retain the created New Full-Time Job, or replace it with another New Full-Time Job, for which it receives Grant Funds for the Term of this Agreement including the Recapture Period, as described below. Nothing in this Agreement shall be construed as creating any right of any particular employee to be continued in employment with the GRANTEE.
Xxxxx Disbursement. If the Lessee’s Program application is approved, the City will disburse the Grant to the Landlord within fourteen (14) business days after the following have been completed:
i. Lessee has submitted an application and it has been reviewed and accepted.
ii. All parties have signed this MOU, as required in the application process.
iii. All parties have submitted documents required to disburse the Grant.
iv. Landlord has submitted a W-9 form.
Xxxxx Disbursement. The City will disburse the Grant to the Business within ten (10) business days after all the following have been completed:
x. Xxxxx application has received final approval,
ii. All parties have signed this Agreement, and
iii. All required information has been provided to the City.
