Examples of Grant Beneficiary in a sentence
It is the responsibility of the Grant Beneficiary to provide correct account details.
The Grant Beneficiary shall steer the Project within the cost estimates for each budget line and within the approved overall Project Budget.
The following are examples of significant changes for which the Grant Beneficiary is required to obtain prior written approval from the Grantor: • Change in the Project or Project description• Change of Grant Beneficiary• Change in the Company Alliance• Budget changes and reallocations exceeding 10% This list is not exhaustive, and the Grant Agreement may contain additional conditions that require prior written approval from the Grantor.
If the Grant Beneficiary does not comply with the Grant Agreement, the Grantor is entitled to revoke the Grant, terminate the Grant, or require that the Grant is repaid in full or in part.
The following are examples of Non-compliance: • The Grant Beneficiary makes changes in the Project or Project Description or Budget and Time Schedule without prior written approval.• The Grant Beneficiary does not submit reports in accordance with these General Conditions.• Change in the Company Alliance.