General Terms & Conditions

DISSEMINATION/COMMERCIAL SENSITIVITY

As a not-for-profit charitable trust, AGMARDT usually makes the information arising from its grants publicly available and reserves the right to do so in the instance of all projects in respect of which AIG grants are provided.

Unless otherwise agreed to by AGMARDT and the applicant, AGMARDT may publish a summary of the aims of the project, and or the final report.

Should the project be identified as commercially sensitive, AGMARDT and the applicant will discuss and agree on the information to be made publicly available having regard to AGMARDT’s policy obligations.

Successful applicants must not make any public statement or issue any press release or other publicity relating to this Funding Agreement, without the prior written approval of AGMARDT as to the form and content of such statement.

CONFIDENTIALITY

Advisors’ and referees’ comments are confidential to AGMARDT.

INTELLECTUAL PROPERTY

AGMARDT does not normally take ownership and/or management of intellectual property. It does, however, reserve the right to take a financial interest in intellectual property should this be agreeable to both the applicant and AGMARDT.

LATE APPLICATIONS

Project requests received after close-off dates will be held over for consideration. Applications may be considered throughout the year at the discretion of the General Manager.

DECLINED APPLICATIONS

It is AGMARDT’s policy not to provide reasons why applications are declined.

RESUBMISSION OF DECLINED APPLICATIONS

Where a project has been declined, the applicant may resubmit after 12 months providing the project has been modified/updated.

GRANT WITHDRAWALS

A grant may be withdrawn at the sole discretion of the Trustees where:

• Reports have not been provided or have not been provided in a timely manner;
• Supporting information around expenses incurred or co-funding have not been provided or have not been provided in a timely manner;
• No part of the funding has been uplifted within one year of the grant being approved;
• There has been no response to AGMARDT’s correspondence on the project;
• No satisfactory progress has been made;
• The Applicant/Group goes into liquidation or receivership or ceases to operate; or
• There has been unauthorised variation to the project or budget.

CHANGE OF KEY PERSONNEL

Applicants must inform AGMARDT of any change in key personnel working on the project being funded.

INDEPENDENT AUDIT

For financial performance and management of the project, the Trustees reserve the right to ask for an independent audit by an auditor of AGMARDT’s choosing. The Trustees may, through AGMARDT’s advisors, or if required AGMARDT appointed specialists, undertake a review of the work in progress and eventual outcomes.