Utilization of Funds. If the Subrecipient fails to comply with the terms of this Agreement such as C. Implementation Schedule or the expenditure of 50% of obligated funds by the 3rd Quarterly Report, the Grantee can terminate this contract without giving a 30-day notice. See Section H.
Utilization of Funds. Administrator warrants and represents that the City Funds shall be utilized to conduct the BFF Project, including though not exclusively, “I Yield for Peds”, which raises awareness of Florida’s law requiring drivers to yield to pedestrians in cross walks and aims to increase the percentage of drivers obeying the law; “Walk Wise”, which emphasizes the consequences of careless crossing and aims to get more pedestrians to use cross walks; and “Walk Safe”, which is a sunshine state standards compliant pedestrian safety curriculum for grades K through 8.
Utilization of Funds. Funds deposited by Investors hereunder shall be held by the Agent in escrow for release in payment of the purchase price owed to shareholders for shares tendered pursuant to the Tender Offer and accepted by the Company in accordance with instructions from the Company’s counsel. Upon termination of the Tender Offer the Agent shall return to investors all funds not utilized for the acquisition of the stock less interest earned thereon. Said funds shall be returned to the Investors pro rata in accordance with the Investor’s respective investments described below, provided that the Company’s counsel has confirmed in writing that all conditions for the release of the escrow funds have been met and that the funds have been issued and delivered to the those shareholders who have tendered their stock pursuant to the Tender Offer.
Utilization of Funds. The funds disbursed under this Syndicated Loan shall be utilized pursuant to the purposes provided in Paragraph 2 of Article 2. The Borrower shall maintain an adequate accounting system and keep the appropriate records and books. In addition, the Borrower shall record the accounts of such funds (including, but not limited to, detailed statements of Drawdown on the Tranches Facility Amount under this Agreement) in accordance with the applicable regulations and the accounting standards required by the relevant competent authority and on a consistent basis. [Page 41] Table of Contents
Utilization of Funds. 4. Loaves and Fishes shall provide to XXX individual/itemized cost estimates, invoices, or receipts for all items procured and costs expended to fully document each item to be reimbursed with ESGP or County Affordable Housing funds under this Agreement. Prior to expenditure of any funds by the County, Loaves and Fishes shall provide documentation to XXX clearly detailing costs, which are eligible for reimbursement through this Agreement. The County shall, upon recommendation by XXX, reimburse Loaves and Fishes for those salary and/or operating costs identified in EXHIBIT A in the amount of the vendor invoice or other acceptable documentation presented to XXX by Loaves and Fishes. Failure to comply with the above requirements shall cause the County to terminate this Agreement in accordance with Sections 3.1 and/or 3.2 and suspend any pending payments.
Utilization of Funds. Funds for Xxxx Xxxxx eligible services shall not be utilized for any prevention services defined in Appendix A, Work Statement, Attachment 1 (Research Based HIV Interventions and Strategy Definitions). All Xxxx Xxxxx requirements apply to funds for Xxxx Xxxxx eligible services.
Utilization of Funds. 22.1. The amounts standing to the credit of the Contributories except the Redemption Reserve Fund may be utilized for the overall business activities of FPM.
Utilization of Funds. (a) It is expressly agreed that the outlay sanctioned hereunder shall be utilized only for the purpose of the assignment and the funds shall not be diverted for any other industry, purpose, assignment or use.
Utilization of Funds. Funds provided under this Contract are to be expended only for the purpose and activities covered by the approved project plan herein. The Contractor shall be reimbursed monthly in arrears for all costs approved by Cal OES upon the submission of detailed invoices delivered to the District Attorney. The monthly invoices shall be in such form and detail as required by Cal OES.
Utilization of Funds. Certain significant statistics relating to the financing, budgetary provision for the year under review and the utilization of funds during the year under review and up to 31 December 2014 are shown below. Source ---------- Amount agreed for financing in the Grant Agreement ----------------------- Allocation made in the Budget Estimate for the year under review ------------------------- Fund utilization During the year 2014 -------------------------- As at 31 December 2014 --------------------------- US$ Million Rs. million Rs. million US$ million Rs. million US$ million Rs. million Grant 5.081 583.662 200.000 0.024 3.119 0.024 3.119 GOSL 3.242 372.402 165.000 1.240 161.881 1.608 209.941 NWS&DB Beneficiaries 1.105 0.428 126.977 49.135 50.000 - 0.383 0.014 50.000 1.875 0.498 0.054 65.000 7.025 Total 9.856 1,132.176 415.000 1.661 216.875 2.184 285.132 Out of the total allocation amounting to Rs. 200 million made in the Budget Estimate for the year 2014 under the Foreign Grants, a sum of Rs 35 million had been transferred to other projects implemented by the Ministry of Water Supply and Drainage.
