Grant Proceeds definition

Grant Proceeds means all amounts paid to the Recipient under this Agreement, and includes all interest and other income earned from investment of these amounts;
Grant Proceeds means the total grant funding to be awarded by NYSERDA to Grant Recipient subject to the terms and conditions of this Agreement.
Grant Proceeds means the proceeds of the Hennepin County Grant and the Met Council Grant, as applicable.

Examples of Grant Proceeds in a sentence

  • Any portion of the Grant Proceeds not used during the Term, or earlier termination of this Agreement, and accounted for in accordance with this Agreement must be repaid to the Government of Alberta unless, on application by the Recipient, the Minister in writing varies the purpose or conditions of the Grant so as to allow the use of the remainder of the Grant Proceeds under the varied purpose or conditions.

  • During the Term and for a period of five (5) years afterwards, the Recipient shall keep full, accurate and complete records and books of account relating to the receipt and expenditure of the Grant Proceeds.

  • The Recipient shall use the Grant Proceeds solely for the Project.

  • The Recipient shall invest any portion of the Grant Proceeds paid to the Recipient, but not immediately required for the Project, in a separate interest-bearing account or other prudent investment with a reasonable return in such a manner that is readily reportable to the Minister.


More Definitions of Grant Proceeds

Grant Proceeds means the amount of the Grant plus all interest or other return obtained by the Applicant from investing all or part of the Grant pending disbursement on the Project;
Grant Proceeds means funds disbursed by Grantor on account of the Grant and pursuant to this Grant Agreement.
Grant Proceeds means the funds provided to Grantee under the Sustain and Serve NJ Grant Program.
Grant Proceeds means the proceeds of the Grant.
Grant Proceeds has the meaning ascribed to it in Section 2.04(c).
Grant Proceeds has the meaning set forth in Section 605(A)(1) of this Lease.
Grant Proceeds means (i) those proceeds received by NGP I in November 2009 pursuant to the cash grant issued under Section 1603 of the American Recovery and Reinvestment Act of 2009 (“Section 1603”), (ii) any cash proceeds received by NGP I pursuant to the second Section 1603 grant application made by NGP I prior to the Restatement Effective Date and (iii) any cash proceeds received by Issuer or any of its Affiliates in respect of any government grants relating to the Project.