The EV Charge Up Program Applicant Guide

Assessing the Value of In-kind Contributions: Two different approaches to the valuation of in-kind support are possible: • Using the fair market value, as described above; or • Using the incremental cost, that is, the cost to the Recipient or its partners and collaborators of providing the contributed asset over and above normal operating cost. [...] ARTICLE 2 CONDUCT OF PROJECT 2.1 Project Parameters: The Parties agree that: (a) Recipient shall comply with all of the requirements and eligibility parameters set out in the Applicant’s Guide; (b) Recipient agrees to install and operate the number of Charging Stations set out in the Project Description at the Project Sites set out therein, in exchange for an Incentive to be provided by ICE in acc. [...] ARTICLE 3 ELIGIBLE EXPENDITURES AND INCENTIVE 3.1 Eligible Expenditures: Recipient shall pay all expenditures in relation to the Incurred costs of the Project under this Agreement (the “Incurred Project Costs”) and submit claims for reimbursement of up to seventy-five percent (75%) of the Recipient’s total expenditures in relation to the Incurred Project Costs during the Eligibility Period. [...] (b) Recipient agrees that the Program Operators have no liability whatsoever concerning (i) the quality, safety and/or installation of the Charging Station, including their fitness for any purpose; (ii) the workmanship of any third party, (iii) the installation or use of the Charging Station, and (iv) any other matter with respect to the EVCUP. [...] 12.3 Notice: Should either Party claim the existence of a Force Majeure Event as set out above, prompt notice thereof shall be given to the other Party and the Party claiming the existence of a Force Majeure Event shall have the obligation to provide reasonable satisfactory evidence of the existence of such event and use its best efforts to mitigate any damages to the other Party.