Applicant Contribution Sample Clauses
Applicant Contribution. If any Applicant Contribution amount is specified in Schedule B ("Applicant Contribution"), the Applicant shall contribute such Applicant Contribution solely towards the Project Costs. Any in-kind contributions (such as goods and services) towards the Applicant Contribution will only be recognized as eligible when they are not part of the Applicant’s ordinary course of business costs, are directly attributable to the Project, documented, and easily auditable, and are either set out in Schedule B or otherwise approved by Alberta Innovates in writing.
Applicant Contribution. Applicants contributing funds toward the project cost shall deposit these funds in its con struction account on or before loan clos ing or start of construction, whichever occurs first. Project costs, paid prior to the required deposit time, with applicant funds shall be appropriately accounted for.