Alberta Applicant definition
Examples of Alberta Applicant in a sentence
In such event this Investment Agreement shall terminate immediately subject to the obligation of the Alberta Applicant to provide a summary Report as set out below.
The Alberta Applicant acknowledges the importance to Alberta Innovates that any Intellectual Property that may be generated through the Project be used to the benefit of Alberta and Albertans.
The Alberta Applicant shall be solely responsible for all work, acts, defaults any liabilities of any Sub-Contractor(s) so engaged and agree to release Alberta Innovates from all liability in respect of same.
The Alberta Applicant shall provide a certificate of insurance when requested by Alberta Innovates.
In accordance with ARTICLE 4, the Alberta Applicant acknowledges and agrees that, as a public body, Alberta Innovates is required to report on and promote the success of innovation initiatives within the Province of Alberta.
Upon receipt of notice of termination except for reason of Default, the Alberta Applicant shall be entitled to be reimbursed for actual costs legally incurred prior to the date of termination, including all direct costs incurred in winding down the Project, which such reasonable costs will include actual non-cancellable, legal commitments made by the Alberta Applicant, as confirmed and approved by Alberta Innovates.
It is understood that the Alberta Applicant may require the use of another entity as a Sub-Contractor in order to adequately complete the Project.
The Alberta Applicant must apply, pay and deliver their Contribution as set out in Schedule D.
It is a condition of the Investment that Alberta Innovates has the right to require the Alberta Applicant to repay to Alberta Innovates any portions of the Investment which were used to cover Ineligible Expenses, and such amount shall constitute a debt immediately owing and repayable on demand by the Alberta Applicant to Alberta Innovates.
If the Alberta Applicant terminates its part of the Project for any reason prior to the Project Completion Date, Alberta Innovates must be notified immediately.