Common use of Earmarked Annual Grant Clause in Contracts

Earmarked Annual Grant. 101. Earmarked Annual Grant (“EAG”) shall be paid by the Secretary of State to the Company in respect of either recurrent or Capital Expenditure for such specific purposes as may from time to time be agreed between the Secretary of State and the Company and as described in the relevant funding letter. The Company shall only spend EAG in accordance with the scope, terms and conditions of the grant set out in the relevant funding letter.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Model Supplemental Agreement

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Earmarked Annual Grant. 101. 55) Earmarked Annual Grant (“EAG”) shall may be paid by the Secretary of State to the Company in respect of either recurrent Recurrent Expenditure or Capital Expenditure for such specific purposes as may from time to time be agreed between the Secretary of State and the Company and as described in the relevant funding letterAnnual Letter of Funding for that Academy provided that where the EAG relates to Capital Expenditure the Trustees and/or the LA where applicable, give their consent in advance to such purposes in writing. The Company shall only spend EAG in accordance with the scope, terms and conditions of the grant set out in the relevant funding letterAnnual Letter of Funding.

Appears in 3 contracts

Samples: Master Funding Agreement, lumenchristiparents.files.wordpress.com, www.ctkcc.co.uk

Earmarked Annual Grant. 101. 55) Earmarked Annual Grant (“EAG”) shall may be paid by the Secretary of State to the Company in respect of either recurrent Recurrent Expenditure or Capital Expenditure for such specific purposes as may from time to time be agreed between the Secretary of State and the Company and as described in the relevant funding letter. The Company shall only spend EAG in accordance with the scope, terms and conditions of the grant set out in the relevant funding letter.

Appears in 2 contracts

Samples: Master Funding Agreement, www.oasisacademyhadley.org

Earmarked Annual Grant. 101. 55) Earmarked Annual Grant (“EAG”) shall be paid by the Secretary of State to the Company in respect of either recurrent or Capital Expenditure for such specific purposes as may from time to time be agreed between the Secretary of State and the Company and as described in the relevant funding letter. The Company shall only spend EAG in accordance with the scope, terms and conditions of the grant set out in the relevant funding letter.

Appears in 2 contracts

Samples: Master Funding Agreement, Master Funding Agreement

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Earmarked Annual Grant. 10155. Earmarked Annual Grant (“EAG”) shall may be paid by the Secretary of State to the Company in respect of either recurrent Recurrent Expenditure or Capital Expenditure for such specific purposes as may from time to time be agreed between the Secretary of State and the Company and as described in the relevant funding letter. The Company shall only spend EAG in accordance with the scope, terms and conditions of the grant set out in the relevant funding letter.

Appears in 1 contract

Samples: www.nematrust.com

Earmarked Annual Grant. 101. 55A) Earmarked Annual Grant (“EAG”) shall may be paid by the Secretary of State to the Company in respect of either recurrent Recurrent Expenditure or Capital Expenditure for such specific purposes as may from time to time be agreed between the Secretary of State and the Company and as described in the relevant funding letter. The Company shall only spend EAG in accordance with the scope, terms and conditions of the grant set out in the relevant funding letter.

Appears in 1 contract

Samples: Master Funding Agreement

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