Subgrant. “Subgrant” shall mean an award of Allocated Funds by the Participating State to an eligible Subawardee. The term does not include procurement purchases.
Subgrant. A. PIDC-LDC shall disburse the Project Funding to Subgrantee in accordance with this Subgrant Agreement and with the procedures described in Exhibit G.
Subgrant. An award of funds or property in lieu of funds made by the department to an eligible sub-grantee or by the eligible sub-grantee to another individual or entity. The term does not include procurement purchases, technical assistance, assistance in the form of revenue sharing, loans, loan guarantees, interest subsidies, or insurance; or assistance for which no accounting by the sub-grantee is required.
Subgrant. Subject to the terms and conditions of this Agreement, Subgrantor agrees to reimburse Subrecipient up to the Maximum Subgrant Amount for costs incurred in connection with the Project described in the Scope of Work either in one (1) lump sum upon completion of the work or pursuant to multiple reimbursement requests, in either case, in accordance with the reimbursement provisions set forth in the Scope of Work and this Agreement. Notwithstanding anything to the contrary in this Agreement, the Maximum Subgrant Amount shall not exceed Two Hundred Sixty-Two Thousand and 00/100 Dollars ($262,000.00).
Subgrant. Characteristics indicative of an award received by a subrecipient are when the receiving organization:
Subgrant. The City may provide CDBG funds to Subrecepient in order for Subrecepient to provide certain eligible services in connection with City's desire to develop viable urban communities through community development activities consistent with the general policies set forth in 24 C.F.R. § 570.200.
Subgrant. 1. The subgrant of Three Hundred Nine Thousand and Ten Dollars ($309,010) in 2016 HOME funds is provided to the Agency for the full undertaking and performance of the Project. The subgrant may be amended from time to time in the manner described elsewhere in this Agreement, so long as the same remains consistent with the object of Exhibit B, as now or hereafter amended. The sum of said subgrant and any amendments thereto may only be expended in accordance with the budget contained in Exhibit C attached hereto, which is incorporated herein by this reference, as may hereafter be amended (the “Project Budget”).
Subgrant. Recipient shall not enter into any subgrants for any part of the program supported by this Agreement without OHA’s prior written consent. In addition to any other provisions OHA may require, Recipient shall include in any permitted subgrant under this Agreement provisions to ensure that OHA will receive the benefit of subgrantee activity(ies) as if the subgrantee were the Recipient with respect to Sections 1, 2, 3, 6, 7, 9, 10, 11, 12, 14, 15, and 16 of this Exhibit B. OHA’s consent to any subgrant shall not relieve Recipient of any of its duties or obligations under this Agreement. [Exhibit B, Section 14] Note that for purposes of this Section 11, Recipient means the Vendor and PCS shall manage any OHA approval or consent requirements.
Subgrant
