Sub-grant definition

Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

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Sub-grant means a grant made, or to be made, to an Implementing Partner out of the proceeds of the Grant to finance a Sub-Project;

Sub-grant means a grant made or proposed to be made by the Bank using Trust Funds allocated to Window 2 (Sub-grants for Investment Projects), herewith to any public or private entity to carry out an Investment and Program Activity;

Examples of Sub-grant in a sentence

• Sub- Grantee shall only use grant funds for the eligible program activities described in this Sub-Grant Agreement and the Application.

• The Homeownership Program proposed by the City in its Application approved by Virginia Housing represents the scope of programs under this Sub-Grant Agreement.

• Notwithstanding the foregoing, upon the sale of an Eligible Property to an Eligible Buyer, the Sub- Grantee will have no further monitoring, compliance, or other obligations with respect to such Eligible Property or Eligible Buyer under this Sub-Grant Agreement.

• Financial records, supporting documentation, and all records pertinent to the use of grant funds under this Sub-Grant Agreement shall be retained for a period of four years from the date of submission of the final report.

• Noncompliance on behalf of sub-grantees is resolved by management under the terms of the Sub-Grant Agreement.

More Definitions of Sub-grant

Sub-grant means a grant made or proposed to be made by the Bank, out of the Grant Funds allocated to Category (3), herewith to any public or private entity to carry out an Investment and Program Activity;

Sub-grant means a grant to be made by the Project Implementing Entity out of the proceeds of the Loan to a Sub-grant Beneficiary under an Implementation Agreement and in accordance with the relevant provisions of the Operations Manual for carrying out a Sub-project under Parts A.2, A.3 and C.1 of the Project, and the term “Sub-grants” means, collectively, the plural thereof.

Sub-grant means a grant made or proposed to be made by LACE to a Beneficiary for the purpose of implementing a Sub-project, pursuant to the terms and conditions set forth in a Sub-grant Agreement.

Sub-grant means a grant to be made out of the proceeds of the Financing for the purpose of financing eligible expenditures required for a Sub-project in accordance with the provisions of Section I.C of Schedule 2 to this Agreement.

Sub-grant means a Matching Grant or a Competitive Grant.

Sub-grant means a grant made or proposed to be made by MOPH to an NGO out of the proceeds of the Grant allocated to Part 1(a)(i) of the Project to finance the carrying out of a Sub-project.

Sub-grant means a grant made or proposed to be made out of the proceeds of the Financing by the Recipient to an NSA for the purpose of financing the reasonable costs of goods or services required for a Subproject in accordance with the provisions of Section I.H of Schedule 2 to this Agreement.