Conditions; Authority Obligations Sample Clauses

Conditions; Authority Obligations. The RLF shall be administered in accordance with the Specific Award Conditions issued by the Department of Commerce and attached hereto as Exhibit A (the “Conditions”) Further, the RLF shall be administered in accordance with the Authority’s modified “Revolving Loan Fund Plan” attached hereto as Exhibit B provided such plan is consistent with the Conditions. If the Authority determines that it needs to makes substantive changes to the Revolving Loan Fund Plan with respect to the RLF, such changes shall require the consent of the City Manager of the City of Norfolk. Any RLF transferred to the Authority but not disbursed to loan recipients or otherwise used in accordance with this Cooperation Agreement on or prior to July 30, 2022 shall be returned to the City immediately. The Authority will be responsible for administering all COVID-19 response activities on its own behalf and in a manner satisfactory to the City and consistent with the Conditions and any other standards required as a condition of providing these funds. Allowable activities must be directly tied to response and recovery activities related to COVID-19 and must be allowable pursuant to the Coronavirus Relief Fund requirements. Costs that are determined unallowable pursuant to a federal audit are subject to repayment by the Authority.
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Conditions; Authority Obligations. The CARES Fund Grants shall be administered generally in accordance with the Authority’s “City of Norfolk Coronavirus Relief Fund Grant Program”, a copy of which is attached hereto as Exhibit A, and shall be disbursed on or before December 30, 2020. If the Authority determines that it needs to makes substantive changes to the “City of Norfolk Coronavirus Relief Fund Grant Program” with respect to the CARES Fund Grants, such changes shall require the consent of the City Manager of the City of Norfolk. Any CARES Act Funds transferred to the EDA but not disbursed to grant recipients or otherwise used in accordance with this Cooperation Agreement on or prior to December 30, 2020, shall be returned to the City immediately.

Related to Conditions; Authority Obligations

  • City Obligations 26.1 City shall provide full information in a timely manner regarding requirements for and limitations on projects and work tasks. With regard to subcontractor liens, City shall furnish to Engineer, within fifteen (15) days after receipt of a written request, information necessary and relevant for Engineer to evaluate, give notice of, or enforce lien.

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • Obligations of Covered Entity (1) Covered Entity shall notify Business Associate of any limitations in its notice of privacy practices of Covered Entity, in accordance with 45 C.F.R. § 164.520, or to the extent that such limitation may affect Business Associate’s use or disclosure of PHI.

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Conditions to Obligations of Company The obligation of Company to effect the Merger is also subject to the satisfaction or waiver by Company at or prior to the Effective Time of the following conditions:

  • Additional Conditions to Obligations of Company The obligation of Company to consummate and effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, exclusively by Company:

  • Conditions to All Parties’ Obligations Notwithstanding any other provision of this Agreement to the contrary, the obligations of each of the parties to this Agreement to consummate the transactions described herein shall be conditioned upon the satisfaction of each of the following conditions precedent on or prior to the Closing Date:

  • Additional Conditions to Obligations of the Company The obligations of the Company to consummate the Merger and the transactions contemplated by this Agreement shall be subject to the satisfaction at or prior to the Closing of each of the following conditions, any of which may be waived, in writing, exclusively by the Company:

  • Conditions to Each Party’s Obligations The respective obligation of each Party to consummate the transactions contemplated by this Agreement is subject to the satisfaction (or written waiver by such Party) at or prior to the Closing of the following conditions:

  • Conditions to Obligations of the Company The Company’s obligation to sell and issue the Shares and the Warrants at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

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