Agreement of Third-Party to Accept SEP Funds and Implement Sample Clauses

Agreement of Third-Party to Accept SEP Funds and Implement. SEP Each Implementing Party shall provide a written representation to the Lahontan Water Board by October 15, 2012 and before any funds from the SEP are spent that the recipient will 1) spend the SEP payment as described in the Stipulation; and 2) provide a certified, written report to the Lahontan Water Board consistent with the terms of this Stipulation detailing the implementation of the SEP. The Implementing Party agrees that the Lahontan Water Board has the right to require an audit of the funds provided to it by the Settling Respondent and expended by it to implement the SEP.
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