Named Project Grant definition

Named Project Grant. Recoverable Project Grant" "Total Grant Sum" and "Total Project Grant" shall (unless the context precludes such interpretation) include every Tranche thereof.
Named Project Grant means the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details, which for the avoidance of doubt excludes Fund Proceeds; Named Project Start Date means the date set out in the Named Project Delivery Timetable by which the Named Project must have achieved Start on Site; NHBC means the National House-Building Council;
Named Project Grant. Recoverable Project Grant" and "Total Project Grant" shall (unless the context precludes such interpretation) include every Tranche thereof. Any reference to Section 8 of the Affordable Housing Capital Funding Guide in this Agreement refers to the section entitled "Resident Ballots for Estate Regeneration Projects" of such guide. Any terms used in the definition of "Subsidy" shall, unless the context requires otherwise, be construed as having the meaning given to them in the EU-UK Trade and Cooperation Agreement. Any reference to a Section and/or a Chapter of the Affordable Housing Capital Funding Guide in this Agreement shall refer to any successor, replacement or amendment of such Section or Chapter from time to time. A reference to "average" under this Agreement is a reference to the calculation of the mean average. Where the term "average of the grant rates" is used, each grant rate shall be treated as including any RCGF Funds used in respect of the relevant AHP Dwelling.

Examples of Named Project Grant in a sentence

  • Indicative Project has been profiled into a Named Project on OPS in accordance with Condition 7.3, the Indicative Allocation shall, notwithstanding the quantum of the Indicative Allocation which appears on OPS, be deemed to be reduced by an amount equal to the Named Project Grant allocated to that Named Project.

  • Named Project Grant to the Grant Recipient, the Allocated Grant shall be reduced by a commensurate amount.


More Definitions of Named Project Grant

Named Project Grant means (subject to Condition 7.8 and Condition11.3) the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details; New Build Project has the meaning ascribed to it in the Agreed Principles; New Named Project means a proposed Named Project or an Indicative Project which the Grant Recipient wishes to profile as a Named Project, details of which are submitted by the Grant Recipient to the GLA pursuant to Condition 7.1;
Named Project Grant means the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details, which shall never exceed the Allocated Net Grant and for the avoidance of doubt excludes Fund Proceeds; NHBC means the National House-Building Council; Non Compliance Notification Date means the date on which the GLA notifies the Grant Recipient that it has become aware that a Named Project in respect of which Total Project Grant has been paid or utilised does not meet the Named Project Details; OPS means the "GLA Open Project System", being the GLA's on-line investment management system from time to time or any successor system;
Named Project Grant means the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details; Named Project (Short Interest) means a Named Project with respect to which the Grant Recipient has or will have a Secure Legal Interest which has a lease or licence with an unexpired duration which is shorter than the Minimum Period of Use; New Named Project means a proposed Named Project or an Indicative Project which the Grant Recipient wishes to profile as a Named Project, details of which are submitted by the Grant Recipient to the GLA pursuant to Condition 7.1;
Named Project Grant means the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details, which for the avoidance of doubt excludes Fund Proceeds; Named Project Start Date means the date set out in the Named Project Delivery Timetable by which the Named Project must have achieved Start on Site; Net Grant Sum (NGS) has the meaning given to it in clause 17.3.5; NHBC means the National House-Building Council; Nil Grant Floor means in relation to a Development Site the level of Affordable Units, whether expressed as a number or a percentage, which is assessed by the relevant local planning authority as viable for delivery without the benefit of any public subsidy; Nil Grant Floor Units means the number of Affordable Units to be delivered by the Grant Recipient within the Nil Grant Floor; Nil Grant Unit means a house, flat or maisonette comprised within a Named Project in respect of which the Grant Recipient did not (a) seek grant funding under the AHP 2016/21 or (b) utilise any Fund Proceeds; Non Compliance Notification Date means the date on which the GLA notifies the Grant Recipient that it has become aware that a Named Project in respect of which Total Project Grant has been paid or utilised does not meet the Named Project Details; Open Book Basis means the full and transparent disclosure and declaration of all information which the Grant Recipient or a Grant Recipient Party is required to maintain, keep or disclose under this Agreement including all price components including profit margins, central office overheads, Site overheads, preliminaries, contingencies and the cost of all materials, goods, equipment, work and services, apportionments of such items together with all and any books of accounts together with such other information as the GLA reasonably requires to monitor compliance with the United Kingdom Competition Requirement; Open Book Obligations mean the obligations set out in Condition 19; OPS means the "GLA Open Project System", being the GLA’s on-line investment management system from time to time or any successor system; Original Approved Bid means the aggregate of the Named Projects accepted by the GLA pursuant to Condition 5.1;
Named Project Grant means the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details and which, save as provided in Condition 19.12.1(c)iv, excludes Fund Proceeds; Named Project Start Date means the date set out in the Named Project Delivery Timetable by which the Named Project must have achieved Start on Site; New Consortium Member means a RP Provider or LA Provider approved by the GLA in writing who delivers to the GLA a Deed of Adherence in accordance with the provisions of Condition 18; NHBC means the National House-Building Council;
Named Project Grant means (subject to Condition 7.8 and Condition 11.3) the amount of grant payable by the GLA in respect of a Named Project as set out in the relevant Named Project Details; New Build Project has the meaning ascribed to it in the Agreed Principles; New Named Project means a proposed Named Project or an Indicative Project which the Grant Recipient wishes to profile as a Named Project, details of which are submitted by the Grant Recipient to the GLA pursuant to Condition 7.1; Nominations Arrangements means any details of the referral and nomination arrangements applicable to a XXXXX Xxxxxxxx as agreed by the parties and set out in the Named Project Details; Non Compliance Notification Date means the date on which the GLA notifies the Grant Recipient that it has become aware that a Named Project in respect of which Named Project Grant has been paid or utilised does not meet the Named Project Details;