Grant Agent definition

Grant Agent means any organization approved by the Board, in consultation with the Trustee, to enter into a Financial Procedures Agreement or Financial Procedures Memorandum to receive Cash Transfers and implement Activities as approved by the Board, or to supervise an Activity.
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Grant Agent means any Multilateral Agency Partner or any Donor Country Partner or any other Eligible Organization designated to receive Cash Transfers and implement or supervise an Activity, as approved by the Board in consultation with the Trustee.
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Grant Agent means [Name of Grant Agent] in its capacity as Grant Agent under this Agreement.
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Examples of Grant Agent in a sentence

  • The Grant Agent shall include provisions corresponding to sub-paragraph (a) above in any Grant Agreement that it enters into with a Developing Country Partner or other entity.

  • The Grant Agent may convert all funds received by it under this Agreement into other currencies to facilitate their administration but shall not be entitled to receive any additional funding from the Trust Fund if funds received prove insufficient to complete Activities as a result of exchange rate fluctuations.

  • When the Grant Agent has received any unused funds, the Grant Agent shall report and return such funds to the Trust Fund in accordance with Section 6 below.

  • The Grant Agent shall use the funds transferred to it under this Agreement for the purpose for which they have been provided.

  • The Grant Agent shall also cooperate, in accordance with its policies and procedures, with all investigations by law enforcement authorities into possible fraud.


More Definitions of Grant Agent

Grant Agent means an entity designated to receive cash transfers from the GPE Trust Funds and implement or supervise an activity as such entity is approved by the Board in consultation with the Trustee.
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Grant Agent means International Development Research Centre in its capacity as Grant Agent under this Agreement.
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Grant Agent means Oxfam IBIS in its capacity as Grant Agent under this Agreement.
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Grant Agent means any organization approved by the Board, in consultation with the Trustee, to enter into a Financial Procedures Agreement or Financial Procedures
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Grant Agent means the Agence Française de Développement in its capacity as Grant Agent under this Agreement.
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Grant Agent means the Islamic Development Bank in its capacity as Grant Agent under this Agreement.
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Grant Agent means the OECS in its capacity as Grant Agent under this Agreement.
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