Net Grant definition

Net Grant means [ ], being the maximum amount of grant payable by the GLA to the Grant Recipient in respect of the Approved Bid (as the same may be amended from time to time in accordance with the terms of this Agreement);
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Net Grant means the maximum amount of grant payable by the GLA to the Grant Recipient, as adjusted to reflect increases pursuant to any MHCLG Allocation and decreases pursuant to grant paid to the Grant Recipient under Condition 13, and which will be equivalent to the sum recorded on the Grant Recipient's RTB Balance;
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Examples of Net Grant in a sentence

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

  • In consideration of the sum of £1 (receipt of which the GLA hereby acknowledges), the GLA has agreed to: make the Allocated Net Grant available to the Grant Recipient; and to enable the Grant Recipient to provide the AHP Dwellings subject to and in accordance with the terms and conditions of this Agreement.

  • Where the GLA pays Named Project Grant to the Lead Partner, the Allocated Net Grant shall be reduced by a commensurate amount.

  • After the tenth anniversary of the Termination Date [...***...]% of Net Grant Award Proceeds less the aggregate amount of all royalties paid to INSTITUTE pursuant to Section D4.01(a) as of the date of the Buyout Notice.

  • The amount of the reduction will be calculated by multiplying the percentages in clauses (i) and (ii) by a fraction, (x) the numerator of which is the Net Grant Award Proceeds, and (y) the denominator of which is $10,297,454.

  • After the fifth anniversary of the Termination Date but on or prior to the tenth anniversary of the Termination Date [...***...]% of Net Grant Award Proceeds less the aggregate amount of all royalties paid to INSTITUTE pursuant to Section D4.01(a) as of the date of the Buyout Notice.

  • For purposes of the allocations determined in accordance with this Section 4.1, the Aggregate Net Grant Distribution Amount shall be computed by assuming that all of the Class Units then outstanding are vested.

  • Project Budget Materials 13,459.50 Subcontractor 1,540.50 Total Cost 15,000.00 Required Match 10.27% 1,540.50 In-Kind Subcontractor Match (Personnel Time) 1,540.50 Net Grant Amount 13,459.50 1 Draft 20 or more Wayfinding Signs that serve bicycling to and from the South Waterfront.

  • In consideration of the sum of £1 (receipt of which the GLA hereby acknowledges), the GLA has agreed to: make the Allocated Net Grant available to the Consortium; and permit the Relevant Consortium Member to use the Allocated RCGF Funds, to enable the Consortium to provide the AHP Dwellings subject to and in accordance with the terms and conditions of this Agreement.