THE TERM OF THE GRANT Sample Clauses

THE TERM OF THE GRANT a. The term of the Grant (the “Initial Term”) commences on September 15, 2017 and continues through May 30, 2018 In the event that any unused portion of the Grant exists at the end of the Initial Term, the Grant Recipient must notify KaBOOM! in writing within 30 days of the end of the Initial Term to request a 90-day extension on the same terms and conditions as the Agreement (the “Extension”). Except as set forth in this Section 2(a), promptly upon written notice from KaBOOM!, the Grant Recipient through the Fiscal Sponsor shall return any unused portion of the Grant at the end of the Initial Term or the Extension, if applicable.
Sample 1
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THE TERM OF THE GRANT a. The term of the Grant (the “Initial Term”) commences on the Challenge start date (March 1, 2018) and continues through the Challenge end date (August 31, 2018). In the event that any unused portion of the Grant exists at the end of the Initial Term, the Grant Recipient must notify KaBOOM! in writing within 30 days of the end of the Initial Term to request a 30-day extension on the same terms and conditions as the Agreement (the “Extension”). Except as set forth in this Section 2(a), promptly upon written notice from KaBOOM!, the Grant Recipient through the Fiscal Sponsor shall return any unused portion of the Grant at the end of the Initial Term or the Extension, if applicable.
Sample 1
THE TERM OF THE GRANT a. The term of the Grant (the “Initial Term”) commences on January 18, 2021 and continues through January 31, 2022. In the event the project is not completed by the end of the Initial Term or, any unused portion of the Grant exists at the end of the Initial Term, the Grant Recipient must notify KABOOM! in writing within 30 days of the end of the Initial Term to request a 30-day extension on the same terms and conditions as the Agreement (the “Extension”). Except as set forth in this Section 2(a), promptly upon written notice from KABOOM!, the Grant Recipient through the Fiscal Sponsor shall return any unused portion of the Grant at the end of the Initial Term or the Extension, if applicable.
Sample 1

Related to THE TERM OF THE GRANT

  • Payment of the Grant 8.1 The Commonwealth agrees to pay the Grant to the Grantee in accordance with the Grant Details.

  • Maximum Term of Option In no event may the Option be exercised, in whole or in part, after the tenth anniversary of the Option Date (the "Expiration Date").

  • Spending the Grant 9.1 The Grantee agrees to spend the Grant for the purpose of undertaking the Activity only.

  • Term of the Option The term of the Option (the “Option Period”) shall be for a period of ten (10) years from the Effective Date, terminating at the close of business on the tenth anniversary of the Effective Date (the “Expiration Date”) or such shorter period as provided in Section 6 hereof.

  • Term of Consultancy Company hereby agrees to retain the Consultant to act in a consulting capacity to the Company, and the Consultant hereby agrees to provide services to the Company commencing on the Effective Date and ending 6 MONTHS from the Effective Date unless terminated pursuant to Section 8 of this Agreement.

  • The term Deferred Sales Charge Payment Date" shall mean June 10, 2017 and the tenth day of each month thereafter through October 10, 2017.

  • Purpose of the Grant I.1.1 The Commission has decided to award a grant, under the terms and conditions set out in the Special Conditions, the General Conditions and the Annexes to the agreement, which the beneficiary hereby declares that he has taken note of and accepts, for the action entitled […] ("the action").

  • Nature of the Grant In signing this Agreement, the Participant acknowledges that:

  • Managing the Grant 7.1 Each party must notify the other of:

  • OPTION TO EXTEND THE TERM OF THE CONTRACT (MAR 2000)

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