Examples of Total Grant Required in a sentence
It also makes reference to apportionment of grant to and within schemes in respect of the 2011-2015 Affordable Housing Programme where grant is payable on an Agreed Payment Rate per unit basis but also subject to Total Grant Required as indicated in the offer.
Note that in respect of 2011-2015 Affordable Homes Programme funded projects it must be the Total Grant Required that is attributable to the property and not the Agreed Payment Rate per dwelling.Initial sales of existing rented stock into shared ownership6.4.12 A dwelling forming part of an RP's existing rented stock may be sold voluntarily on shared ownership terms.
For shared ownership schemes grant funded under the 2011-2015 AHP, it must be the Total Grant Required as entered on IMS and not the Agreed Payment Rate that is used.
It also makes reference to apportionment of grant to and within projects in respect of the 2011-2015 Affordable Housing Programme where grant is payable on an Agreed Payment Rate per dwelling basis but also subject to Total Grant Required as indicated in the offer.
This would be a Relevant Event, triggering recovery (by immediate repayment) of all grant paid on the scheme, or Total Grant Required as indicated on IMS for 2011-15 AHP funded schemes.If the grant payable for the new scheme is less than already had been paid for the cancelled scheme, the difference will be recoverable.
Please note that for schemes developed under the 2011-15 AHP, grant liability for recovery is always calculated according to the Total Grant Required or funding requested rather than the Agreed Payment Rate (APR).
Grant Required for a Firm Scheme is revised as a consequence of the operation of Condition 13.6 and/or Condition 13.3.3(b) and such revised Total Grant Required figure is less than the Firm Scheme Grant then allocated by the Lead Partner to such Firm Scheme pursuant to Condition 15.1, the Lead Partner shall reallocate the Excess in accordance with Condition 15.1 as if such Excess was deemed to be Unallocated Scheme Grant.
These questions help to shape how things could be done differently, and will also help identify how things could start to happen and reshape the nature of relationships and roles.
Without prejudice to the provisions of Condition 7.4, on receipt of Firm Scheme Grant, the Lead Partner must allocate such Firm Scheme Grant against the Affordable Dwellings constructed with such grant provided always that the amount that may be allocated in respect of any Firm Scheme shall not exceed the Total Grant Required for that Firm Scheme.
This would be a Relevant Event, triggering recovery (by immediate repayment) of all grant paid on the scheme, or Total Grant Required as indicated on IMS for 2011-15 AHP funded schemes.6.2.4.6.9. If the grant payable for the new scheme is less than had already been paid for the cancelled scheme, the difference will be recoverable.