Common use of Subsidies and Grants Clause in Contracts

Subsidies and Grants. Any subsidy or monetary grant the Operator receives from a government agency for participating in a government-sponsored program for persons employed by the Operator or programs operated in conjunction with this Agreement will be deducted from the annual budget and not eligible for reimbursement.

Appears in 2 contracts

Sources: Parking Facilities Management Agreement, Parking Facilities Management Agreement

Subsidies and Grants. Any subsidy or monetary grant the Operator OPERATOR receives from a government agency for participating in a government-sponsored program for persons employed by the Operator OPERATOR or programs operated in conjunction with this Agreement will be deducted from the annual budget and not eligible for reimbursement.

Appears in 1 contract

Sources: Parking Facilities Management Agreement