Common use of Payment of the Grant Clause in Contracts

Payment of the Grant. The total amount of the Grant is $ excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount (excl. GST if applicable) The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ $XXXX excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount (excl. GST if applicable) 2020-2021 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 Act 1959 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ XXX* excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount (excl. GST if applicable) 2020-2021 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ $XXXX excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount (excl. GST if applicable) 2020-2021 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ $[XXXX] excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount (excl. GST if applicable) 2022-2023 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ [Overall Agreement Value for all financial years] excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount (excl. GST if applicable) 2020-2021 2021-2022 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ excluding XXX (GST (if applicableexclusive). A break down by Financial Year is below: Financial Year Amount * (excl. GST if applicableGST) The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 Act 1959 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ $TBC excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount * (excl. GST if applicableGST) 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ excluding XXX (GST (if applicableexclusive). A break down by Financial Year is below: Financial Year Amount * (excl. GST if applicableGST) The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution

Payment of the Grant. The total amount of the Grant is $ $TBC excluding GST (if applicable). A break down by Financial Year is below: Financial Year Amount * (excl. GST if applicableGST) 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Xxx 0000 Act 1959 (Cth) to carry on banking business in Australia. The Grantee’s nominated bank account into which the Grant is to be paid is: BSB Number Financial Institution