Authority to Withhold Disbursements Pending Audit. Treasury may withhold the Disbursement of any successive one- third of the Allocated Funds pending the results of a financial audit. Treasury will notify the Participating State of its decision to withhold such Disbursement.
Appears in 4 contracts
Samples: Allocation Agreement, State Small Business Credit Initiative Allocation Agreement, State Small Business Credit Initiative Allocation Agreement
Authority to Withhold Disbursements Pending Audit. Treasury may withhold the any Disbursement of any successive one- third of the Allocated Funds pending the results of a financial audit. Treasury will notify the Participating State Jurisdiction of its decision to withhold such Disbursement.
Appears in 2 contracts
Samples: Allocation Agreement, Allocation Agreement
Authority to Withhold Disbursements Pending Audit. Treasury may withhold the Disbursement of any successive one- third of the Allocated Funds pending the results of a financial audit. Treasury will notify the Participating State Municipalities of its decision to withhold such Disbursement.
Appears in 2 contracts
Samples: Allocation Agreement, State Small Business Credit Initiative Allocation Agreement
Authority to Withhold Disbursements Pending Audit. Treasury may withhold the Disbursement of any successive one- third of the Allocated Funds pending the results of a financial audit. Treasury will notify the Participating State Municipality of its decision to withhold such Disbursement.
Appears in 1 contract
Samples: State Small Business Credit Initiative Allocation Agreement
Authority to Withhold Disbursements Pending Audit. Treasury may withhold the Disbursement of any successive one- one-third of the Allocated Funds pending the results of a financial audit. Treasury will notify the Participating State Municipalities of its decision to withhold such Disbursement.
Appears in 1 contract
Samples: Allocation Agreement
