Infrastructure grant definition

Infrastructure grant means an outdoor recreational infrastructure grant described

Infrastructure grant means an outdoor recreational infrastructure grant described in Section 63N-9-202.

Infrastructure grant means an economic development grant to offset the costs of installation of the Infrastructure in an amount not to exceed Twenty-Two Thousand Five Hundred and No/100 Dollars ($22,500.00), to be paid as set forth herein.

Examples of Infrastructure grant in a sentence

• During the term of this Agreement Company agrees not to knowingly employ any undocumented workers and if convicted of a violation under 8 U.S.C. Section 1324a (f), Company shall repay the Infrastructure Grant herein and any other funds received by Company from HEDC as of the date of such violation within thirty (30) days after the date Company is notified by HEDC of such violation, plus interest at the rate of four percent (4%) compounded annually from the date of violation until paid.

• The obligation of HEDC to provide the Infrastructure Xxxxx shall be conditioned upon the compliance and satisfaction by Company of the terms and conditions of this Agreement and each of the following conditions; provided, however, that failure to meet a condition shall not prevent the payment of the Infrastructure Grant prior to the specified deadline for satisfaction of the condition.

• Consequently, notwithstanding any other provision of this Agreement, HEDC shall have no obligation or liability to pay Infrastructure Grant except as allowed by law.

• Subject to the continued satisfaction of all the terms and conditions of this Agreement by Company, and the obligation of Company to repay the Infrastructure Grant pursuant to Section 5.2 hereof, HEDC agrees to provide the Infrastructure Grant to Company within thirty (30) days after HEDC receipt of a Payment Request from Company following the Commencement Date, provided Company has caused Completion of Construction of the Infrastructure.

• Failure of Company to timely submit the Payment Request for the Infrastructure Grant shall result in forfeiture of the payment of the Infrastructure Grant by HEDC to Company.

• XXXX has determined that making the Infrastructure Grant to Company in accordance with this Agreement will further the objectives of HEDC, will benefit City and City’s inhabitants and will promote local economic development and stimulate business and commercial activity in City.

More Definitions of Infrastructure grant

Infrastructure grant means a grant to be made by the Recipient to a Beneficiary, out of the proceeds of the Financing, to finance the costs of goods, works and services for a Subproject under Part 1.B(2) of the Project.

Infrastructure grant means any grant provided under the pertinent Infrastructure Grant Agreement to finance up to 70% of the cost of a given Infrastructure Subproject (as said terms are defined herein).