Examples of Grant in a sentence
The strike price for any Option Grant shall be the most recent market close on the day of the Board approval and such Option Grant and any Restricted Stock grant shall contain such other terms and conditions, including without limitation, the term, forfeiture, vesting schedule and acceleration provisions as determined by the Board.
The Tranche 2 allocation will be paid once the Council has demonstrated that at least 60% of the capital element of the Tranche 1 allocation has been committed (‘the Tranche 2 spend requirement’) via a Section 151 officer Statement of Grant Usage.
The DEP Project Manager will review the task deliverable and any associated work products as necessary to verify they meet the specifications in the Grant Work Plan and this task description.
Unless otherwise defined herein, capitalized terms shall have the meanings assigned to such terms in the Grant Notice or the Plan.
Tranche 3 (50% of Year 2 capital allocation) Statement of Grant Usage (SOGU) demonstrating 80% of the Tranches 1 (capital only) and 2 have been committed*, AND By 2 April 2025 (if SOGU provided by 3 March) and all MI submitted to schedule.