Define: Funding Conditions

the terms on which the Funding Body provides any External Funding, copies of which are attached to this Agreement as Schedule 3;

Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI

the terms on which the Funding Body provides any External Funding, a copy of which is attached to this Agreement as Schedule 3;.

Relevant Circumstances

  • When external funding for a project comes with binding compliance terms
  • If the funding body's terms flow down into the operative contract
  • Where breach of funding conditions could trigger clawback or termination

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