Common use of Where Homes Clause in Contracts

Where Homes. England becomes aware either via the Contract Monitoring Outputs or through other monitoring, that the Delivery of the Approved Capital Bid or any Revenue Funding Scheme has not been secured in accordance with the requirements of this 15.3.1 a reduction, increase or other change to the number of SHAP Dwellings to be delivered; 15.3.2 a reduction or other adjustment to the Allocated Capital Grant or to any Capital Firm Scheme Grant or the Allocated Revenue Grant or to any Revenue Grant; and/or 15.3.3 any other change to the Approved Capital Bid or any Revenue Funding Scheme that Homes England deems reasonably necessary, and such Allocation Change Notice shall be discussed as soon as reasonably practicable by the Parties and in any event within fifteen (15) Business Days of the date of issue of the Allocation Change Notice.

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement