First Recipient definition

First Recipient means the organisation which initially receives the grant from the Grant Donor for the implementation of the Project.
First Recipient is defined in Article 4.3(a); “First Tribunal” is defined in Article 15.7(ii);

Examples of First Recipient in a sentence

  • The Subgrantee grants the First Recipient and the Grant Donor an unrestricted, transferable non-exclusive right of use with respect to all intellectual property and other proprietary rights including, but not limited to, copyrights, patents, trademarks and ownership of data resulting from the Project.

  • Prior to, or instead of terminating the Subgrant Agreement as provided for in this Paragraph, the First Recipient may suspend payments as a precautionary measure without prior notice.

  • The Subgrant Agreement and the payments attached to it may not be assigned to a third party in any manner whatsoever without prior written consent of the First Recipient.

  • The Subgrantee must indemnify and hold harmless the First Recipient and the Grant Donor for and against any and all claims, lawsuits, damages and expenditures which the First Recipient and the Grant Donor may sustain or which may be brought against the First Recipient and the Grant Donor in connection with the Subgrantee’s actions or omissions in the performance of this Subgrant Agreement.

  • The First Recipient provides the Subgrantee with a suitable template “Request of funds”.

  • The First Recipient will issue a formal notification to the Subgrantee, informing it of the First Recipient’s intention to reclaim, the due amount, and a justification and inviting the Subgrantee to submit explanations within 30 days of receiving notification.

  • Reclaim procedure The following procedural stipulations apply if the First Recipient is entitled to reclaim the Subgrant or parts thereof, or interest of any kind.

  • If no explanations are submitted or the First Recipient decides to reclaim the amount despite the explanations it has received, it will confirm the amount to be recovered and formally issue the Subgrantee a debit note.

  • The First Recipient and the Subgrantee undertake to settle any dispute, controversy or claim arising from or relating to this Subgrant Agreement, as well as issues concerning the breach, termination or invalidity thereof, by direct negotiation.

  • Each disbursed part of the Subgrant must be used within 6 (six) weeks after disbursement from the First Recipient to the Subgrantee.

Related to First Recipient

  • Sub-Recipient means a partner, joint venturer, director, employee, agent and subcontractors of a Recipient to whom a Recipient must disclose Confidential Information.

  • Founder means, in respect of an issuer, a person who,

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Wireless service provider means a person that provides wireless service to the public.