{"component": "clause", "props": {"groups": [{"samples": [{"hash": "8jEFdKQSvTm", "uri": "/contracts/8jEFdKQSvTm#subsidies-and-grants", "label": "Merger Agreement (SUNation Energy, Inc.)", "score": 37.4325804244, "published": true}], "snippet_links": [{"key": "public-subsidies", "type": "clause", "offset": [32, 48]}, {"key": "by-parent", "type": "clause", "offset": [100, 109]}, {"key": "the-company-and-the", "type": "clause", "offset": [138, 157]}, {"key": "parent-material-adverse-effect", "type": "definition", "offset": [272, 302]}], "snippet": "The terms and conditions of the public subsidies, grants, or other similar public benefits received by Parent have been made available to the Company and the terms and conditions thereof have been complied with by Parent, except where such non-compliance would not have a Parent Material Adverse Effect.", "size": 2, "hash": "59be3bb9318eca6cfefbd8fe7601eb00", "id": 4}, {"samples": [{"hash": "k6pwjmIXvgC", "uri": "/contracts/k6pwjmIXvgC#subsidies-and-grants", "label": "Parking Operations Agreement", "score": 25.2319698334, "published": true}, {"hash": "aPV0HIkHm2D", "uri": "/contracts/aPV0HIkHm2D#subsidies-and-grants", "label": "Parking Operations Agreement", "score": 25.1197376251, "published": true}], "snippet_links": [{"key": "joint-operator", "type": "definition", "offset": [34, 48]}, {"key": "government-agency", "type": "definition", "offset": [65, 82]}, {"key": "participating-in", "type": "definition", "offset": [87, 103]}, {"key": "sponsored-program", "type": "definition", "offset": [117, 134]}, {"key": "persons-employed-by", "type": "clause", "offset": [139, 158]}, {"key": "the-annual", "type": "clause", "offset": [200, 210]}, {"key": "monthly-budget", "type": "clause", "offset": [215, 229]}, {"key": "the-state", "type": "clause", "offset": [231, 240]}, {"key": "payments-to-the", "type": "clause", "offset": [262, 277]}], "snippet": "Any subsidy or monetary grant the Joint Operator receives from a government agency for participating in a government-sponsored program for persons employed by the Joint Operator will be deducted from the annual and monthly budget. The State will not make double payments to the Joint Operator.", "size": 2, "hash": "18b251a83680b1e9421048f66be59a0c", "id": 3}, {"samples": [{"hash": "fXzEbifhDmE", "uri": "/contracts/fXzEbifhDmE#subsidies-and-grants", "label": "Parking Facilities Management Agreement", "score": 33.21251297, "published": true}, {"hash": "bmgt8jJ9P11", "uri": "/contracts/bmgt8jJ9P11#subsidies-and-grants", "label": "Parking Facilities Management Agreement", "score": 33.2072715759, "published": true}], "snippet_links": [{"key": "government-agency", "type": "definition", "offset": [59, 76]}, {"key": "participating-in", "type": "definition", "offset": [81, 97]}, {"key": "sponsored-program", "type": "definition", "offset": [111, 128]}, {"key": "by-the-operator", "type": "clause", "offset": [150, 165]}, {"key": "this-agreement", "type": "clause", "offset": [207, 221]}, {"key": "the-annual-budget", "type": "clause", "offset": [244, 261]}, {"key": "not-eligible", "type": "definition", "offset": [266, 278]}], "snippet": "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.", "size": 3, "hash": "c7038bfcdf6a4b303b89e16977571ab8", "id": 1}, {"samples": [{"hash": "gJHrVVNnK7u", "uri": "/contracts/gJHrVVNnK7u#subsidies-and-grants", "label": "Business Combination Agreement (Real Asset Acquisition Corp.)", "score": 37.1451072693, "published": true}, {"hash": "8kQ4Q8fLhjG", "uri": "/contracts/8kQ4Q8fLhjG#subsidies-and-grants", "label": "Business Combination Agreement (Real Asset Acquisition Corp.)", "score": 37.1451072693, "published": true}], "snippet_links": [{"key": "the-group-companies", "type": "clause", "offset": [0, 19]}, {"key": "form-of", "type": "definition", "offset": [74, 81]}, {"key": "financial-support", "type": "definition", "offset": [89, 106]}, {"key": "subject-to", "type": "definition", "offset": [168, 178]}, {"key": "resulting-from-the", "type": "clause", "offset": [189, 207]}, {"key": "basis-of", "type": "clause", "offset": [231, 239]}, {"key": "relating-to", "type": "definition", "offset": [282, 293]}, {"key": "the-period", "type": "clause", "offset": [294, 304]}, {"key": "prior-to-closing", "type": "definition", "offset": [305, 321]}, {"key": "at-all-times", "type": "clause", "offset": [348, 360]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [379, 406]}, {"key": "received-by", "type": "definition", "offset": [452, 463]}, {"key": "entering-into-this-agreement", "type": "clause", "offset": [480, 508]}, {"key": "consummation-of-the-transactions", "type": "clause", "offset": [517, 549]}, {"key": "in-violation", "type": "definition", "offset": [553, 565]}, {"key": "group-company", "type": "definition", "offset": [697, 710]}], "snippet": "The Group Companies have not received any governmental subsidies or other form of public financial support, grants, guarantees or benefits which can be reclaimed or be subject to claw-back resulting from the Transactions or on the basis of any facts, matters, occurrences or events relating to the period prior to Closing. The Group Companies have at all times complied with the terms and conditions of the subsidies, grants and other similar benefits received by it. Neither the entering into this Agreement nor the consummation of the Transactions is in violation of any terms and conditions of such subsidies, financial support, grants, guarantees or benefits received or to be received by any Group Company.", "size": 2, "hash": "753e32b2f2024a06752eb2d55b8e75ac", "id": 2}, {"samples": [{"hash": "2a2F5vgFBT0", "uri": "/contracts/2a2F5vgFBT0#subsidies-and-grants", "label": "Share Sale and Purchase Agreement (Playtika Holding Corp.)", "score": 30.6687202454, "published": true}], "snippet_links": [{"key": "no-subsidies", "type": "clause", "offset": [0, 12]}, {"key": "received-by", "type": "definition", "offset": [48, 59]}, {"key": "granted-to", "type": "definition", "offset": [61, 71]}, {"key": "applied-for", "type": "definition", "offset": [76, 87]}, {"key": "by-the-company", "type": "clause", "offset": [88, 102]}, {"key": "direct-result", "type": "definition", "offset": [147, 160]}, {"key": "agreement-or", "type": "definition", "offset": [186, 198]}, {"key": "contemplated-hereby", "type": "clause", "offset": [236, 255]}, {"key": "to-sellers", "type": "definition", "offset": [260, 270]}, {"key": "basis-of", "type": "clause", "offset": [290, 298]}, {"key": "other-matters", "type": "definition", "offset": [321, 334]}, {"key": "related-to", "type": "definition", "offset": [335, 345]}, {"key": "the-period", "type": "clause", "offset": [346, 356]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [357, 382]}], "snippet": "No subsidies, grants, or other similar benefits received by, granted to, or applied for by the Company can be reclaimed, cancelled, or denied as a direct result of the execution of this Agreement or the consummation of the transactions contemplated hereby or, to Sellers\u2019 Knowledge, on the basis of any facts, events, or other matters related to the period prior to the Closing Date.", "size": 1, "hash": "a010a26584356ae0767f433ed8c489b4", "id": 5}, {"samples": [{"hash": "7XTrfZgaS1L", "uri": "/contracts/7XTrfZgaS1L#subsidies-and-grants", "label": "Subscription Agreement (VivoPower International PLC)", "score": 31.7707042694, "published": true}], "snippet_links": [{"key": "applications-for", "type": "clause", "offset": [9, 25]}, {"key": "government-subsidies", "type": "definition", "offset": [26, 46]}, {"key": "in-the-accounts", "type": "clause", "offset": [82, 97]}, {"key": "by-the-group", "type": "clause", "offset": [133, 145]}, {"key": "no-refunds", "type": "clause", "offset": [150, 160]}, {"key": "no-interest", "type": "clause", "offset": [165, 176]}, {"key": "in-respect-of", "type": "clause", "offset": [243, 256]}, {"key": "in-all-material-respects", "type": "definition", "offset": [297, 321]}, {"key": "conditions-of", "type": "clause", "offset": [331, 344]}], "snippet": "13.1 All applications for government subsidies which have been made are reflected in the Accounts, have been duly and correctly made by the Group and no refunds and no interest, penalties or additions regarding such refunds are or will be due in respect of such subsidies.\n13.2 The Group complies in all material respects with the conditions of such subsidies and grants.", "size": 1, "hash": "b7a21a7b61d121b4d59aa348ab236d43", "id": 6}, {"samples": [{"hash": "460IYrszhp2", "uri": "/contracts/460IYrszhp2#subsidies-and-grants", "label": "Combination Agreement (Brady Corp)", "score": 32.2881584167, "published": true}], "snippet_links": [{"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [0, 32]}, {"key": "at-all-times", "type": "clause", "offset": [49, 61]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [80, 103]}, {"key": "benefits-received", "type": "clause", "offset": [157, 174]}, {"key": "entering-into-this-agreement", "type": "clause", "offset": [196, 224]}, {"key": "transactions-contemplated", "type": "clause", "offset": [253, 278]}, {"key": "in-violation", "type": "definition", "offset": [292, 304]}, {"key": "financial-support", "type": "definition", "offset": [352, 369]}, {"key": "received-by-the-company", "type": "definition", "offset": [420, 443]}, {"key": "to-the-company", "type": "definition", "offset": [469, 483]}, {"key": "basis-of", "type": "clause", "offset": [610, 618]}, {"key": "other-matters", "type": "definition", "offset": [641, 654]}, {"key": "related-to", "type": "definition", "offset": [655, 665]}, {"key": "the-period", "type": "clause", "offset": [666, 676]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [677, 702]}], "snippet": "The Company and its Subsidiaries comply and have at all times complied with the terms and conditions of any governmental subsidies, grants and other similar benefits received by them. Neither the entering into this Agreement nor the consummation of the transactions contemplated hereunder is in violation of any terms and conditions of such subsidies, financial support, grants, guarantees or benefits received or to be received by the Company or its Subsidiaries and, to the Company\u2019s Knowledge no such subsidies, financial support, grants, guarantees or benefits can be reclaimed, cancelled or denied on the basis of any facts, events, or other matters related to the period prior to the Closing Date or the consummation of the transactions contemplated hereunder.", "size": 1, "hash": "1a1efa44c79e64246e3d5ff030d1c7c2", "id": 7}, {"samples": [{"hash": "bph2TGaDLaK", "uri": "/contracts/bph2TGaDLaK#subsidies-and-grants", "label": "Security Sale and Purchase Agreement", "score": 34.9414558411, "published": true}], "snippet_links": [{"key": "relevant-terms-and-conditions", "type": "definition", "offset": [13, 42]}, {"key": "form-of", "type": "definition", "offset": [82, 89]}, {"key": "financial-support", "type": "definition", "offset": [97, 114]}, {"key": "received-by-the-company", "type": "definition", "offset": [182, 205]}, {"key": "ownership-in-the-company", "type": "clause", "offset": [282, 306]}, {"key": "the-company-has", "type": "definition", "offset": [338, 353]}, {"key": "at-all-times", "type": "clause", "offset": [354, 366]}, {"key": "in-all-material-respects", "type": "definition", "offset": [367, 391]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [410, 437]}, {"key": "benefits-received", "type": "clause", "offset": [474, 491]}, {"key": "entering-into-this-agreement", "type": "clause", "offset": [511, 539]}, {"key": "consummation-of-the", "type": "clause", "offset": [548, 567]}, {"key": "in-violation", "type": "definition", "offset": [585, 597]}, {"key": "notification-obligations", "type": "clause", "offset": [759, 783]}, {"key": "in-respect-of", "type": "clause", "offset": [797, 810]}, {"key": "the-transaction", "type": "clause", "offset": [833, 848]}], "snippet": "6.3.13.1 The relevant terms and conditions of any governmental subsidies or other form of public financial support, grants, guarantees or benefits, including financing from EU funds received by the Company, which may include terms allowing claw-back or reclaim due to the change of ownership in the Company, have been Disclosed.\n6.3.13.2 The Company has at all times in all material respects complied with the terms and conditions of the subsidies, grants and other similar benefits received by it. Neither the entering into this Agreement nor the consummation of the Transac- tion is in violation of any terms and conditions of such subsidies, financial sup- port, grants, guarantees or benefits received or to be received by the Company, noting however the notification obligations as Disclosed in respect of the con- summation of the Transaction.", "size": 1, "hash": "e853c859bfca3d20d727d4300b8d9439", "id": 8}, {"samples": [{"hash": "b7QI3lC2Twq", "uri": "/contracts/b7QI3lC2Twq#subsidies-and-grants", "label": "Purchase Agreement (Day International Group Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "investment-incentives", "type": "definition", "offset": [42, 63]}, {"key": "similar-arrangements", "type": "definition", "offset": [76, 96]}, {"key": "governmental-entity", "type": "definition", "offset": [104, 123]}, {"key": "purchaser-parties", "type": "definition", "offset": [171, 188]}, {"key": "in-the-same-manner", "type": "definition", "offset": [239, 257]}, {"key": "equity-seller", "type": "definition", "offset": [261, 274]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [284, 304]}, {"key": "the-future", "type": "clause", "offset": [313, 323]}, {"key": "material-liabilities", "type": "definition", "offset": [331, 351]}, {"key": "of-the-purchaser", "type": "clause", "offset": [367, 383]}, {"key": "agreed-to", "type": "definition", "offset": [446, 455]}, {"key": "other-grant", "type": "definition", "offset": [537, 548]}, {"key": "business-is", "type": "definition", "offset": [572, 583]}], "snippet": "Schedule 4.1.24 sets forth all subsidies, investment incentives, grants and similar arrangements from a Governmental Entity that by their terms, presently or assuming the Purchaser Parties and ATPG continue to conduct the Textile Business in the same manner as Equity Seller and ATPG prior to the Closing, may in the future impose material Liabilities on ATPG or any of the Purchaser Parties. To Equity Seller's Knowledge, nothing has been done, agreed to be done, or omitted to be done as a result of which either (i) any investment or other grant paid for use in ATPG's business is liable to be refunded in whole or in part or (ii) any such grant for which application has been made, will or may not be paid or may be reduced.", "size": 1, "hash": "77eb1065a4ac1c70777d41a81367ffe3", "id": 9}, {"samples": [{"hash": "ku87Zvx42te", "uri": "/contracts/ku87Zvx42te#subsidies-and-grants", "label": "Share Purchase Agreement (Allied Motion Technologies Inc)", "score": 17.0, "published": true}], "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [76, 101]}, {"key": "to-repay", "type": "clause", "offset": [102, 110]}, {"key": "investment-credits", "type": "clause", "offset": [119, 137]}, {"key": "granted-to", "type": "definition", "offset": [161, 171]}, {"key": "the-transaction", "type": "clause", "offset": [229, 244]}, {"key": "disposed-of", "type": "definition", "offset": [340, 351]}, {"key": "by-the-company", "type": "clause", "offset": [352, 366]}], "snippet": "The Company is nor will be liable by reason of any event which has occurred prior to the Closing Date to repay any tax investment credits, premiums or subsidies granted to it or enjoyed by it unless if as a direct consequence of the Transaction. No asset for which any investment premium, credit, grant or subsidy has been claimed has been disposed of by the Company.", "size": 1, "hash": "fe457df9747d07580498267a00ae8db0", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih1zdWJzaWRpZXMtYW5kLWdyYW50cyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["expenses-responsibility-of-the-successful-proposer-non-reimbursable", "Expenses Responsibility of the Successful Proposer- Non-Reimbursable"], ["operational-information", "Operational Information"], ["financial-considerations-g-operating-expense", "FINANCIAL CONSIDERATIONS G OPERATING EXPENSE"], ["representations-and-warranties-of-the-company", "REPRESENTATIONS AND WARRANTIES OF THE COMPANY"], ["warranties-of-sellers", "WARRANTIES OF SELLERS"]], "children": [], "title": "Subsidies and Grants", "size": 18, "id": "subsidies-and-grants", "related": [["recognition-and-rights-of-stewards", "Recognition and Rights of Stewards", "Recognition and Rights of Stewards"], ["requirements-pertaining-only-to-federal-grants-and-subrecipient-agreements", "Requirements Pertaining Only to Federal Grants and Subrecipient Agreements", "Requirements Pertaining Only to Federal Grants and Subrecipient Agreements"], ["equity-grants", "Equity Grants", "Equity Grants"], ["options-and-rights", "Options and Rights", "Options and Rights"], ["attachment-c-standard-state-provisions-for-contracts-and-grants", "Attachment C, Standard State Provisions for Contracts and Grants", "Attachment C, Standard State Provisions for Contracts and Grants"]], "related_snippets": [], "updated": "2026-06-10T05:50:08+00:00", "also_ask": ["What key definitions and scope limitations should be included to avoid ambiguity in 'subsidies and grants'?", "How can the clause be structured to maximize flexibility for future funding opportunities?", "What are the most common legal pitfalls or compliance risks associated with subsidies and grants provisions?", "How do local and international laws impact the enforceability of subsidies and grants clauses?", "What negotiation levers exist to allocate liability for misuse or clawback of subsidies and grants?"], "drafting_tip": "Specify eligibility criteria to prevent disputes, outline application procedures to ensure transparency, and define reporting obligations to facilitate compliance monitoring.", "explanation": "The 'Subsidies and Grants' clause defines the terms under which a party may receive financial assistance, such as subsidies or grants, from governmental or other external sources in relation to the agreement. It typically outlines the obligations of the recipient to notify the other party about such funding, comply with relevant laws or conditions attached to the funds, and possibly share documentation or reporting requirements. This clause ensures transparency regarding external financial support and helps prevent conflicts of interest or double-dipping, thereby maintaining fairness and compliance within the contractual relationship."}, "json": true, "cursor": ""}}