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FINANCIAL ASSISTANCE AGREEMENT - New Jersey Economic

FINANCIAL ASSISTANCE AGREEMENT - New Jersey Economic 2025

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The document is a Financial Assistance Agreement between the New Jersey Economic Development Authority (NJEDA) and a Grantee for funding related to the removal or replacement of non-leaking underground storage tanks. It outlines the conditions for financial assistance, including the requirement for the Grantee to cover any cost differences, maintain records of expenditures, and comply with relevant state laws. The agreement also includes provisions for subrogation rights, liability limitations, and the filing of a lien on the project site.

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Click ‘Get Form’ to open the FINANCIAL ASSISTANCE AGREEMENT in our editor.
Begin by entering the date at the top of the form. This is crucial for establishing the timeline of your agreement.
Fill in your full name and co-applicant's name in the designated fields, along with your residential address. Ensure accuracy as this information identifies you as the Grantee.
In Section 1, select either (a) or (b) to indicate whether you are applying for removal/closure or replacement of a non-leaking underground storage tank. Provide the project site address where applicable.
Section 2 requires you to leave a blank space for NJEDA to insert the grant amount. Review this section carefully before submission.
Complete Sections 3 through 9 by reading each clause and ensuring that you understand your obligations regarding record keeping, subrogation, and indemnification.
Finally, sign and date at the bottom of the form where indicated for both Grantee and Co-Applicant. This finalizes your agreement.

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