Payment of Grant Funds. Subject to the terms of this Agreement, including but not limited to, satisfaction by the Company, in the sole discretion of the Commission, of the conditions set forth on Exhibit C attached hereto, the Grant shall be disbursed to the Grantee on a reimbursement basis upon submission of a signed payment request on the Commission’s then current form (“Payment Request Form”) with adequate supporting documentation. The Company and the Grantee agree to comply with the Commission’s General Funding Policies, Grant Disbursement Guidelines and Guidelines for Advance of Funds as adopted by the Commission as in effect from time to time and applied in the sole discretion of the Commission. Expenses incurred prior to the Award Date are not eligible for reimbursement. Prior to any disbursement, the Commission shall have on record documentation from the Grantee designating the officers, employees or agents authorized to make a reimbursement request (such documentation may be in the form of a resolution or minutes of the Grantee appointing such designee). Reimbursement requests shall be submitted not more frequently than quarterly, unless the Commission otherwise agrees. Appropriate supporting documentation shall be attached to all Payment Request Forms and may include, but is not limited to, invoices from goods purchased and services performed, receipts, vouchers, reporting forms or other evidence of the actual payment of costs related to the Project and consistent with the Project Budget. The Grantee and the Company, as appropriate, shall also provide appropriate supporting documentation of the expenditure and application of any required matching funds for the Project as set forth on Exhibit C attached hereto. The Commission may in its sole discretion refuse to make a disbursement if the documentation is not adequate or if such disbursement does not appear to be within the Project Budget or otherwise contrary to or in violation of the provisions hereof. The Commission in its sole discretion may refuse to disburse any funds to the Grantee if the Grantee has previously received a grant award and a final grant report for the previous grant award has not been received by the Commission. Unless otherwise agreed in writing by the parties hereto, the Grantee shall disburse the Grant funds to the Company within thirty (30) days of receipt of such disbursement from the Commission or return such disbursement to the Commission. The Grantee may request in writing an advance of up t...
Payment of Grant Funds. Subject to the terms and conditions of this Agreement, the Grantor will pay to the Organisation the Grant Funds in accordance with Schedule 1 item 8.
Payment of Grant Funds. Funds payable
Payment of Grant Funds. A. IOCS agrees to provide advance payment of all awarded grant funds following execution of this Grant Agreement. IOCS payment shall be made no earlier than 35 days in arrears of execution of this Grant Agreement in conformance with State fiscal policies and procedures. As required by IC 4-13-2-14.8, payment shall be direct deposited by electronic funds transfer to the financial institution designated by the Grantee in writing unless a specific waiver has been obtained from the Indiana Auditor of State.
Payment of Grant Funds. (a) Subject to the terms and conditions of this Agreement, the Grantor will pay to the Grantee the Grant Funds in accordance with item 6 of Schedule 1.
Payment of Grant Funds. Payment to Grantee of the Grant Funds shall be made upon the timely submission to Grantor of a draw request. Grantor reserves the right to suspend payments should Grantee fail to provide required reports in a timely and adequate fashion or if Grantee fails to meet other terms and conditions of this Agreement.
Payment of Grant Funds. If Company has complied with all requirements applicable to a Performance Year under this Agreement, County pays Company the Net Grants Funds applicable to that Performance Year through an ACH transfer no later than October 31 of the applicable Payment Year unless Company has appealed the appraised value of the Property. Grant Funds are only paid after all administrative and judicial appeals are exhausted.
Payment of Grant Funds. The reimbursement of eligible expenses incurred by Subrecipient under this Award shall be made in accordance with and subject to the following schedule and conditions:
Payment of Grant Funds. This is a reimbursement grant. Therefore, the Grantee is entitled to the grant funds once Grantee has shown satisfactory proof of payment for and receipt of the equipment or training. To receive reimbursement:
Payment of Grant Funds. Payment to Grantee of the Grant Funds shall be made upon the timely submission to Grantor of a financial reimbursement request. Grantee shall deposit all Grant Funds received under this Agreement in a Federal Deposit Insurance Corporation (FDIC) account and record in a separate account on the books of Grantee. Grantor reserves the right to suspend payments should Grantee fail to provide required reports in a timely and adequate fashion or if Grantee fails to meet other terms and conditions of this Agreement. Grantor may withhold payment requests if Grantee fails to comply with the above requirements until such compliance is demonstrated. If applicable, Grantor with not release the final 10% of funding until Grantee confirms matching funds are expended.
