Additional Governmental Grants Clause Samples

The "Additional Governmental Grants" clause defines the terms under which a party may seek or benefit from extra financial support provided by government entities beyond what is already specified in the agreement. This clause typically outlines the process for applying for such grants, how any received funds are to be allocated or shared between the parties, and any reporting or compliance obligations that may arise. Its core function is to clarify the rights and responsibilities related to unexpected or supplementary government funding, thereby preventing disputes and ensuring transparency in the handling of additional public resources.
Additional Governmental Grants. To the extent that additional governmental grant opportunities become available for the benefit of the School, and such grant funds are not already received directly by Operator for use in the School, the Parties may agree in writing to cooperate in attempting to obtain such additional grant funds. Nothing in this Agreement shall preclude Operator from being eligible for grants provided to Charter Schools. Operator shall remain entitled to directly receive all grant funding specific to Charter Schools for which IPS is not eligible, including but not limited to facility funding and charter school grants, and the application for, acceptance of, and use of such grants shall be at the sole discretion of Operator.
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Additional Governmental Grants. To the extent that additional governmental grant opportunities become available for the benefit of the School, and such grant funds are not already received directly by Operator for use in the School, the Parties shall reasonably cooperate in attempting to obtain such additional grant funds, and the School shall be eligible to receive such grant funds obtained by IPS in the same manner, and pursuant to the same criteria, as other IPS schools.
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Additional Governmental Grants. To the extent that additional governmental grant opportunities become available for the benefit of the School, and such grant funds are not already received directly by Operator for use in the School, the Parties shall reasonably cooperate in attempting to obtain such additional grant funds, and the School shall be eligible to receive such grant funds obtained by IPS in the same manner, and pursuant to the same criteria, as other IPS schools. Nothing in this Agreement shall preclude Operator from being eligible for grants provided to Charter Schools. Operator shall remain entitled to directly receive all grant funding specific to Charter Schools for which IPS is not eligible, including but not limited to facility funding and charter school grants, and the application for, acceptance of, and use of such grants shall be at the sole discretion of Operator.
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Additional Governmental Grants. To the extent that additional governmental grant opportunities become available for the benefit of the School, and such grant funds are not already received directly by Operator for use in the School, the Parties may agree in writing to cooperate in attempting to obtain such additional grant funds. Nothing in this Agreement shall preclude Operator from being eligible for grants provided to Charter Schools. Operator shall remain entitled to directly receive all grant funding specific to Charter Schools for which IPS is not eligible, including but not limited to facility funding and charter school grants, and the application for, acceptance of, and use of such grants shall be at the sole discretion of Operator. Nothing contained above in Sections 9.7 or 9.8 shall be construed as restricting or limiting in any way Operator’s ability to fundraise from individuals, corporations or foundations for the purposes of supporting or expanding its activities.
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Additional Governmental Grants. To the extent that additional governmental grant opportunities become available for the benefit of the School, and such grant funds are not already received directly by Operator for use in the School, the Parties may agree in writing to cooperate in attempting to obtain such additional grant funds. Nothing in this Agreement shall preclude Operator from being eligible for grants provided to Charter Schools. Operator shall
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Related to Additional Governmental Grants

  • Requirements Pertaining Only to Federal Grants and Subrecipient Agreements If this Agreement is a grant that is funded in whole or in part by Federal funds:

  • Acknowledgement and Consent to Bail-In of Affected Financial Institutions Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: (a) the application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution; and (b) the effects of any Bail-in Action on any such liability, including, if applicable: (i) a reduction in full or in part or cancellation of any such liability; (ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or (iii) the variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of the applicable Resolution Authority.