Examples of Unlawful Subsidy in a sentence

If any Firm Scheme Grant is found to constitute Unlawful Subsidy and/or is not capable of being restructured so as to be compliant then the Grant Recipient must repay any sum of Unlawful Subsidy plus such interest as is prescribed by the United Kingdom Competition Requirement within ten (10) Business Days of Homes England issuing it with a written demand for payment.
Notwithstanding anything in this Agreement: Homes England shall only provide Firm Scheme Grant to the extent that such does not give rise to Unlawful Subsidy; and the Grant Recipient must comply with the requirements of the United Kingdom Competition Requirement (where applicable) in respect of any Firm Scheme Grant paid.

More Definitions of Unlawful Subsidy

Unlawful Subsidy means Subsidy which has been granted, or from time to time is, in contravention of the Subsidy Rules.

Unlawful Subsidy means Subsidy which has been granted, or from time to time is, in contravention of the United Kingdom Competition Requirement; UK GDPR means the retained European Union law version of the General Data Protection Regulation ((EU) 2016/679) (as amended or updated from time to time); VAT means Value Added Tax as presently charged under the Value Added Tax Act 1994 or any tax of a similar nature; Waiver Condition means provision of satisfactory evidence by the Grant Recipient to the GLA that the relevant Prohibited Act was committed by:

Unlawful Subsidy means Subsidy which has been granted, or from time to time is, in contravention of the Subsidy Control Act; Updated Total Scheme Costs means in respect of a Named Project the amount of Total Scheme Costs updated by the Grant Recipient on OPS pursuant to Condition 10.6 and notified to the GLA on OPS: UK GDPR has the meaning given to it in section 3(10) of the Data Protection Act 2018;

Unlawful Subsidy means Subsidy which is in contravention of or is an infringement of the United Kingdom Competition Requirement; Unlet AHP Dwelling means an AHP Dwelling which is not subject to a Shared Ownership Lease; Unsatisfactory Guarantor has the meaning ascribed to it in Clause 4.6.1 (The Guarantor and Alternative Security);

Unlawful Subsidy means Subsidy which has been granted, or from time to time is, in contravention of or an infringement of the Subsidy Control Requirements; Updated Total Scheme Costs means in respect of a Named Project the Actual Project Costs incurred by the Grant Recipient as updated by the Grant Recipient on OPS pursuant to Condition 10.6 and notified to the GLA on OPS; Uplift Amount means an amount of the type described in the Recovery Determination and calculated for the purposes of Condition 14.9 in accordance with the methodology set out from time to time in the Affordable Housing Capital Funding Guide;

Unlawful Subsidy any Subsidy which has been granted contrary to the requirements of any of the United Kingdom Subsidy Control Rules.