Examples of Approved Purposes in a sentence
The Parties shall consult with each other on a regular basis to discuss the disbursement of the Funds and the Approved Purposes with a view to ensuring that the Funds have been properly paid by the Company and disbursed by the Community Benefit Trust and that the Approved Purposes remain a relevant and appropriate use of the Funds.
All interest accruing on the Designated Account shall be added to the Account when it accrues and used for the Approved Purposes The Company shall (acting reasonably) be entitled upon reasonable notice to receive statements of account activity in relation to the Designated Account Fund Management Meetings The Community Benefit Trust shall: consider the selection and designation of Qualifying Projects in an open and transparent manner and to make such selections and designations at Fund Management Meetings.
The Community Benefit Trust shall use the Funds exclusively for the Approved Purposes.
In the event that the Community Benefit Trust is able to obtain a grant or enter into a scheme by which the Funds will be matched then any such additional monies will be used for the Approved Purposes in the same way as the Funds.