Unspent Grant definition
Unspent Grant means ▇▇▇▇▇ paid to You that is unspent at the end of the Grant Period and includes any Grant that is committed but unspent.
Unspent Grant funds: Any funds granted, but not spent on the Work must be returned to the Council at the conclusion of the grant period.
Examples of Unspent Grant in a sentence
Unspent Grant within the Activity Period: [write “Not Used” or consider whether and how specific approval should be given about the reallocation of budgeted expenditure or the carrying over of any Unspent ▇▇▇▇▇ to the following Financial Year within the Activity Period].