Phase 2 Grant definition
Phase 2 Grant means £VALUE being the maximum amount of grant payable to the Grant Recipient by the Council during Phase 2 of the Refurbishment Programme in accordance with the provisions of Schedule 1
Phase 2 Grant means a Grant for which a Participating Kabupaten is eligible to apply in respect of Sub-projects: (i) upon its satisfying the eligibility criteria set forth in: (x) the Local Governance Reform Framework for the provision of said grants to Participating Kabupatens in the twelve (12) month period following that covered by Phase 1 Grants; and (y) Part 2 of Annex B to Schedule 4 of this Agreement; and (ii) in accordance with the relevant provisions concerning said Grants in the Project Operational Manual, which Sub-projects are to be financed in the Fiscal Year immediately following the attainment of such eligibility; and “Phase 2 Grants” means Phase 2 Grants collectively.