Define: External Funding
any funding or assistance provided for the Project, or to a Party for use in the Project by any third party, including any state or public body;
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
any funding or assistance provided for the Project or to a Party for use in the Project by any third party, including any state or public body;.
the funding provided for the Project by the Technology Strategy Board under the terms of the Grant Offer Letter;.
Relevant Circumstances
- When a third party such as Innovate UK part-funds a collaboration
- If funding conditions in a grant offer letter govern project work
- Where receipt of external funding requires public-money compliance