Common use of Lead Obligations Clause in Contracts

Lead Obligations. The Lead shall be responsible for the overall leadership and management of the Project and shall ensure full compliance by the Partner(s), with the terms and conditions of the Grant Agreement. The Lead shall not be obliged to make any Payment(s) to a Partner unless it has received the Grant funding from The National Lottery Community Fund. The Partner(s) acknowledge that the Lead shall be under no obligation to indemnify any Partner for any expenditure incurred which is in excess of the relevant Partner’s agreed Payment(s) stated in the Project Plan. If the Lead, acting reasonably, is of the view that any Party to this Partnership Agreement is not sufficiently delivering its Deliverable(s), the Lead will use all reasonable endeavours to maintain compliance with the terms and conditions of the Grant Agreement.

Appears in 3 contracts

Sources: Partnership Agreement, Partnership Agreement, Partnership Agreement

Lead Obligations. 3.1 The Lead shall be responsible for the overall leadership and management of the Project and shall ensure full compliance by the Partner(s), with the terms and conditions of the Grant Agreement. . 3.2 The Lead shall not be obliged to make any Payment(s) to a Partner unless it has received the Grant funding from The National Lottery Community Fund. . 3.3 The Partner(s) acknowledge that the Lead shall be under no obligation to indemnify any Partner for any expenditure incurred which is in excess of the relevant Partner’s agreed Payment(s) stated in the Project Plan. . 3.4 If the Lead, acting reasonably, is of the view that any Party to this Partnership Agreement is not sufficiently delivering its Deliverable(s), the Lead will use all reasonable endeavours to maintain compliance with the terms and conditions of the Grant Agreement.

Appears in 1 contract

Sources: Partnership Agreement

Lead Obligations. 3.1. The Lead shall be responsible for the overall leadership and management of the Project and shall ensure full compliance by the Partner(s), with the terms and conditions of the Grant Agreement. 3.2. The Lead shall not be obliged to make any Payment(s) to a Partner unless it has received the Grant funding from The National Lottery Community Fund. 3.3. The Partner(s) acknowledge that the Lead shall be under no obligation to indemnify any Partner for any expenditure incurred which is in excess of the relevant Partner’s agreed Payment(s) stated in the Project Plan. 3.4. If the Lead, acting reasonably, is of the view that any Party to this Partnership Agreement is not sufficiently delivering its Deliverable(s), the Lead will use all reasonable endeavours to maintain compliance with the terms and conditions of the Grant Agreement.

Appears in 1 contract

Sources: Partnership Agreement