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Grantee Project Description Project ID: Project ID# This agreement is entered into as of the latest date written below: (Signature of Grantee Authorized Officer) (Printed Name and Title) Date: (Signature of DASNY Authorized Officer) (Printed Name) Date: APPROVED FOR LEGAL REVIEW: APPROVED FOR SIGNATURE: DATE: DATE: EXHIBIT A Project Budget EXHIBIT B Opinion of Counsel EXHIBIT C Grantee Questionnaire EXHIBIT D Disbursement Terms EXHIBIT E Payment Requisition Form and Dual Certification EXHIBIT E-1 Payment Requisition Cover Letter EXHIBIT E-2 Payment Requisition Back-up Summary EXHIBIT F Non-Discrimination and Affirmative Action Policy Grantee Project Description Project ID: Project ID# Project Description* Start End Amount Amount Amount Project Description $Grant Amount * Please note that the project description as set forth in this column must summarize the scope of the Eligible Expenses set forth in the NY BRICKS Application as per Section 2(a) of this Agreement for which reimbursement or payment on invoice will be sought. Please ensure that the project description is an appropriate summary of the Eligible Expenses for which grantee will be submitting for requisition. The failure to ensure all Eligible Expenses are consistent with the project description may delay payment. ** Please be sure to complete the anticipated start and end dates in the Project timeline. DASNY General Counsel \u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Albany, New York 12207 Ladies and Gentlemen: I have acted as counsel to Grantee (the \u201cGrantee\u201d) in connection with the Project referenced above. In so acting, I have reviewed a certain Grant Disbursement Agreement between you and the Grantee (the \u201cAgreement\u201d) and such other documents as I consider necessary to render the opinion expressed hereby. Based on the foregoing, I am of the opinion that:\n1. the Grantee is duly organized, validly existing and in good standing under the laws of the State of New York; or the Grantee is duly organized and validly existing under the laws of another jurisdiction, and the Grantee is in good standing and authorized to do business in the State of New York;\n2. the Grantee has full power and authority to execute and deliver the Agreement and to perform its obligations thereunder; and\n3. the Agreement was duly authorized, executed and delivered by the Grantee and is binding on and enforceable against the Grantee in accordance with its terms. By selecting this option and providing my electronic signature, I hereby execute and deliver a validly binding legal opinion in the form of this Exhibit B, just the same as a pen-and-paper signature on a separate document. Approved \u2013 Legal Opinion attached **Instructions \u2013 Grantee\u2019s Attorney will choose appropriate response. If \u201cApproved as to form\u201d is checked, the Attorney will DocuSign form. 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CLAUSES"], ["mandatory-clauses", "Mandatory Clauses", "Mandatory Clauses"], ["third-party-beneficiary-clause", "Third-party beneficiary clause", "Third-party beneficiary clause"]], "related_snippets": [], "updated": "2025-07-26T06:10:53+00:00", "also_ask": ["What are the essential elements that must be included in an executory clause to ensure enforceability?", "How can parties strategically negotiate the scope and timing of obligations in an executory clause?", "What are the most common risks or pitfalls that could render an executory clause unenforceable?", "How do courts typically interpret and enforce executory clauses in the event of breach or insolvency?", "How does the treatment of executory clauses differ across key jurisdictions or under bankruptcy law?"], "drafting_tip": "Specify the parties' future obligations to clarify responsibilities, set clear performance timelines to prevent disputes, and define conditions for completion to ensure enforceability.", "explanation": "An executory clause is a provision in a contract that outlines obligations or actions that must be performed by one or both parties after the agreement is signed but before it is fully completed. For example, it may require the seller to deliver goods or the buyer to make payment at a future date, specifying the steps each party must take to fulfill the contract. The core function of an executory clause is to clearly define ongoing responsibilities, ensuring that both parties understand what remains to be done to complete the contract and reducing the risk of disputes over unfulfilled obligations."}, "json": true, "cursor": ""}}