Activity Budget definition

Activity Budget. Activity Risk Assessment: The Recipient agrees to use the Grant and any Other Contributions and undertake the Activity consistently with the ‘Project Information Template n’ in the following table: Activity income Total $ (GST excl.) Funding from agency (portion of eligible expenditure covered by the grant) $<insert> Funds from Recipient $<insert> Funds from other contributors Total Activity income: $<insert> Not used Item 5 Clauses Error: Reference source not found and 3 Funding and payment Funding: A grant of up to 50% of the Total Eligible Project Costs to a maximum of $<amount> GST excl.) Payment: Recipient Created Tax Invoices will not be issued by the Agency in respect of the Funding. Invoices will need to be provided to the Agency by the Recipient. Subject to this Agreement, the Funding will be paid by direct transfer to the Recipient's Nominated Account in accordance with the below Payment Plan. Please refer to Schedule 1. Condition 5. Nominated Account: Account name: <insert> Account number: <insert> Financial institution: <insert> Contribution: ☐ Yes ☐ No The grant must be matched to 50% cash contribution by the company to a minimum amount of $<amount> GST excl to claim the Funding. Item 6 Clause 8 Reports Please refer to Schedule 1. Condition 5. Item 7 Clause 7 Funding Acknowledgement The Recipient must acknowledge the Funding in accordance with the Funding Acknowledgement Guidelines for Recipients of NSW MVP Ventures xxx.xxx.xxx.xx/xxxxxxxx/xxxxxxxxxxx-xxx-xxxxxxx-xxxxxxxxxxxxxx-xxxxxxxxxx Item 8 Clause Error: Reference source not found Additional conditions AC1 All the provision of Schedule 1. AC2 Indemnities The Recipient must indemnify and keep indemnified the Agency and its officers, employees, and agents from and against any claim, loss or damage arising in connection with this Agreement. The Recipient’s obligation to indemnify the Agency under this Clause will be reduced proportionally to the extent that any negligent or unlawful act or omission by the Agency, its officers, employees or agents contributed to the relevant loss or damage. Execution Executed as an Agreement: Executed for and on behalf of the Crown in right of the State of New South Wales, acting through the Department of Enterprise, Investment and Trade by its duly authorised officer, <insert authorised officer name and position>, but not so as to incur personal liability. Signature In the presence of: Name of witness Signature of witness Date: Execut...

Activity Budget means the budget for the Activity as set out in this Agreement and further detailed in the Grantee’s Activity Work Plan and Budget to the extent it is consistent with this Agreement. Activity Completion Date means the date or event specified in the Grant Details.

Activity Budget. The Recipient agrees to use the Grant and any Other Contributions and undertake the Activity consistently in the following table: Activity income Total $ (GST excl.) Funding from agency (portion of $<insert> eligible expenditure covered by the grant) Funds from Recipient $<insert> Funds from other contributors Total Activity income: $<insert> Activity Risk Assessment: Not used Item 5 Clause 3 Funding and payment Funding: A grant of up to 50% of the Total Eligible Expenditure to a maximum of $<amount> GST excl.) The Recipient agrees to use the Grant consistently with the ‘Eligible Expenditure Caps’ in the following table: Eligible Expenditure Caps Category Eligible Expenditure (GST excl.) Grant Cap – 50% of Eligible Expenditure (GST excl) Wages *Note: Please refer to the FTE definition in Appendix D – Definitions of the MVP Ventures Program Guidelines when considering Wages for FTEs. $<insert> $<insert> Consultant Fees $<insert> $<insert> Direct Prototyping Materials $<insert> $<insert> Equipment $<insert> $<insert> Other Direct Costs – Travel Costs $<insert> $<insert> Other Direct Costs – Patent filing costs for new IP $<insert> $<insert> Total $<insert> $<insert>

Examples of Activity Budget in a sentence

• Activity Material Not applicable Supplementary Terms Other Contributions Not applicable Activity Budget ST2.1 In this Agreement, Appropriation means money drawn from the Consolidated Revenue Fund.

• The revised Activity Budget must clearly identify any proposed changes, including of any proposed changes to the Annual Capped Amounts, and explain the reasons for the proposed changes.ST2.8 The Commonwealth may, at its discretion, approve or reject a revised Activity Budget provided under clause ST2.7 and/or any proposed changes to the Annual Capped Amounts.

• Activity Budget Please enclose a complete detailed budget of the entire activity.

• The Commonwealth’s approval may be granted subject to conditions.ST2.9 If a revised Activity Budget and any proposed changes to the Annual Capped Amounts are approved by the Commonwealth, then it will become the Activity Budget and, if relevant, the Annual Capped Amounts will be adjusted accordingly.ST3.

• The revised Activity Budget must clearly identify any proposed changes, including of any proposed changes to the Annual Capped Amounts, and explain the reasons for the proposed changes.

• The Reimbursement Amount will only be paid if reimbursable from the federal government under the Act for the amounts indicated in the Activity Budget listed in Exhibit “B”, or from CDBG Program Income, as described in 24 CFR 570.500(a), and accumulated as a result of this Contract.

• ST2.2 The Grantee agrees to use the Grant and any Other Contributions and undertake the Activity consistently with the Activity Budget in the following table: <budget table> Figures in the above table are GST inclusive amounts less GST credits that can be claimed in relation to the expenditure.

• Activity budget You agree to use the Grant [and any Other Contributions] and undertake the Activity consistent with a mutually agreed budget: The following list provides an example of how you might specify the expenditure of the Grant within the Activity Budget.

• The Operating Agency is to perform all the services set forth in the Exhibit A, Project Description and Activity Budget.

• May Annual FYTD Unencumbered Activity Budget Activity Encumbrances Balance Fund Balance, Beg.