Project Activity Period definition
Examples of Project Activity Period in a sentence
Payments and prepayments of principal of, and interest on, the Term Notes and all fees, expenses and other obligations under this Agreement payable to the Agent or the Lenders shall be made without setoff or counterclaim in Immediately Available Funds not later than 3:00 P.M. (Minneapolis, Minnesota time) on the dates called for under this Agreement and the Term Notes to the Agent at its main office in Minneapolis, Minnesota.
We will not provide additional funds to cover accrued leave proposed to be taken after the Project Activity Period.
The Project Activity Period may be extended for a period equal to the duration of the approved suspension(s).
Term of Agreement and Project Activity Period This Agreement takes effect on the date it has been executed by the Administering Organisation and the ARC, and continues to operate until all parties have fulfilled their obligations under this Agreement.
Assets Unless otherwise approved by the ARC, Assets purchased with Funding must be purchased for the exclusive purposes of the Project for the duration of the Project Activity Period.
We must be notified if any similar research and/or activity is supported by the Commonwealth during the Project Activity Period.
If, at any time during the term of the Project Activity Period, the Project is relinquished by the Administering Organisation, Funding for the Project will be terminated.
If a Fellow’s salary entitlements for recreation leave accrued during the Project Activity Period are to be funded from the Grant, the Fellow must take their recreation leave during the Project Activity Period; and additional leave of up to 12 months in total using accrued leave or leave without pay in accordance with Your normal practice.
The Project Activity Period for any Project including any element of the Project is indicative only of the intent of the Minister at the time of making the offer of Funding and is not binding on the Commonwealth.
If, at any time during the Project Activity Period, the project is relinquished by You, the Grant for the project must be terminated.