Common use of AGREEMENT CLOSEOUT Clause in Contracts

AGREEMENT CLOSEOUT. The Association shall close out the agreement within 90 days after expiration or notice of termination. Any unobligated balance of cash advanced to the Association shall be immediately refunded to the U.S. Forest Service, including any interest earned in accordance with 7 CFR 3016.21, 7 CFR 3019.22. Within a maximum of 90 days following the date of expiration or termination of this agreement, all financial performance and related reports required by the terms of the agreement shall be submitted to the U.S. Forest Service by the Association. If this agreement is closed out without audit, the U.S. Forest Service reserves the right to disallow and recover an appropriate amount after fully considering any recommended disallowances resulting from an audit which may be conducted later.

Appears in 2 contracts

Samples: Master Participating Agreement, Participating Agreement

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AGREEMENT CLOSEOUT. The Association shall close out the agreement within Within 90 days after expiration or notice of terminationtermination the parties shall close out the agreement. Any unobligated balance of cash advanced to the Association shall FTA must be immediately refunded to the U.S. Forest Service, including any interest earned in accordance with 7 2 CFR 3016.21Part 200, 7 CFR 3019.22Subpart D, 200.305. Within a maximum of 90 days following the date of expiration or termination of this agreement, all financial performance and related reports required by the terms of the agreement shall must be submitted to the U.S. Forest Service by the AssociationFTA. If this agreement is closed out without audit, the U.S. Forest Service reserves the right to disallow and recover an appropriate amount after fully considering any recommended disallowances resulting from an audit which may be conducted later.

Appears in 2 contracts

Samples: Challenge Cost Share Agreement, Challenge Cost Share Agreement

AGREEMENT CLOSEOUT. The Association shall close out the agreement within Within 90 days after expiration or notice of terminationtermination the Association shall close out the agreement. Any unobligated balance of cash advanced to the Association shall be immediately refunded to the U.S. Forest Service, including any interest earned in accordance with 7 CFR 3016.21, 7 3016.21/ 2 CFR 3019.22215.22. Within a maximum of 90 days following the date of expiration or termination of this agreement, all financial performance and related reports required by the terms of the agreement shall be submitted to the U.S. Forest Service by the Association. If this agreement is closed out without audit, the U.S. Forest Service reserves the right to disallow and recover an appropriate amount after fully considering any recommended disallowances resulting from an audit which may be conducted later.

Appears in 1 contract

Samples: Participating Agreement

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AGREEMENT CLOSEOUT. The Association shall close out the agreement within 90 days after expiration or notice of termination. Any unobligated balance of cash advanced to the Association shall be immediately refunded to the U.S. Forest Service, including any interest earned in accordance with 7 CFR 3016.21, 7 CFR 3019.227CFR3016.21/2CFR 215.22. Within a maximum of 90 days following the date of expiration or termination of this agreement, all financial performance and related reports required by the terms of the agreement shall be submitted to the U.S. Forest Service by the Association. If this agreement is closed out without audit, the U.S. Forest Service reserves the right to disallow and recover an appropriate amount after fully considering any recommended disallowances resulting from an audit which may be conducted later.

Appears in 1 contract

Samples: Participating Agreement

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