Closeouts. The Subrecipient’s obligation to the Grantee shall not end until all close-out requirements are completed. Activities during this close-out period shall include, but are not limited to: making final payments, disposing of program assets (including the return of all unused materials, equipment, unspent cash advances, program income balances, and accounts receivable to the Grantee), and determining the custodianship of records. Notwithstanding the foregoing, the terms of this Agreement shall remain in effect during any period that the Subrecipient has control over CDBG funds, including program income.
Closeouts. A CPAR shall be completed on each contract (supplies and/or services >$150,000, or construction contracts >$650,000, or architect-engineering contracts >$30,000) prior to closeout unless the individual assessing the contractor’s performance:
1) is not available, 2) does not have sufficient knowledge of the contractor’s performance for the period in question,
Closeouts. CCC’s obligations under this Agreement shall not end until all closeout requirements set forth in 24 CFR 570.509 are completed. The terms of this Agreement shall remain in effect during any period that CCC has control over CDBG funds, including program income.
Closeouts. CONTRACTOR’s obligation to the COUNTY shall not end until all closeout requirements set forth in the sub-grant are completed. CONTRACTOR’s duties during this closeout period shall include, but are not limited to: making final payments; disposing of program assets, including, without limitation, the return of all unused materials, equipment, unspent cash advances, program income balances and accounts receivable to the COUNTY; and determining the custodianship of records.
Closeouts. The Master Contracts will be closed out upon the closeout of all task orders awarded under the Master Contract. The OCO is responsible for closing their task orders under the Master Contract. Task order closeout will be accomplished within the procedures set forth in FAR part 4, Administrative Matters, and FAR part 42, Contract Administration and Audit Services. The OCO is encouraged to utilize FAR 42.708, Quick-Closeout Procedures, to the maximum extent practicable. GSA also encourages the use of the increased closeout thresholds for cost- reimbursable contracts in accordance with GSA Class Deviation CD-2021-07. The OCO has the authority to negotiate settlement of indirect costs in advance of the determination of final indirect cost rates if the task order is physically complete and the amount of unsettled indirect cost to be allocated to the task order is relatively insignificant. A determination of final indirect costs under quick-closeout procedures shall be final for the task order it covers and no adjustment shall be made to other task orders for over-or under-recoveries of costs allocated or allocable to the task order covered by the agreement. Once agreement for quick-closeout is reached on an individual task order, a bilateral modification will be issued to close out the task order. The Contractor agrees to cooperate with the OCO to close out task orders as soon as practical after expiration, cancellation, or termination.
Closeouts. (a) Licensee shall not sell any Licensed Products as closeouts until the season for which the Licensed Products were intended has ended without the express written consent of Callaway Golf. The parties acknowledge that each season lasts *** CONFIDENTIAL TREATMENT REQUESTED *** approximately six (6) months from the date a Licensed Product is first shipped into any of the Authorized Distribution Channels.
(b) Any excess inventory of Licensed Products existing after the close of the season for which the Licensed Products were intended has ended may only be sold through the Authorized Distribution Channels unless approved by Callaway Golf in advance in its sole discretion.
(c) Callaway Golf and Licensee agree that Licensee shall pay a reduced royalty rate on Closeout sales. For purposes of this Agreement “Closeout” shall mean a markdown of at least [***] off net wholesale. With respect to Closeout sales, Licensee shall pay Callaway Golf royalties equal to [***] of Closeout Net Sales for up to a maximum of [***] of the total Net Sales for all of the Territories combined. Licensee shall include in the reports that it provides to Callaway Golf pursuant to Section 2.3 of this Agreement an additional line item disclosing the total amount of Closeout Net Sales for each of the Territories.
Closeouts. Closeouts shall occur upon completion of all SCOPE Activities and complete receipt of payment and submittal of final closeout reports. Closeout of this Agreement does not invalidate any continuing obligations imposed by this Agreement.
Closeouts. The Subrecipient’s obligation to the City shall not end until all closeout requirements are completed. Activities during this close-out period shall include, but are not limited to:
7.1 Making final payments;
7.2 Disposing of program assets (including the return of all unused materials, program income balances, and accounts receivable to the City); and
7.3 Determining the custodianship of records. Notwithstanding the foregoing, the terms of the Agreement shall remain in effect during any period that the Subrecipient has control over CDBG funds, including program income.
Closeouts. (a) The following is added to the end of Section 2(f) of the Agreement: The parties acknowledge that Other Third-Party Stores shall include: Nordstrom Rack (no Last Call stores); Saks Off Fifth; Stein Mart; and other stores as approved on a case-by-case basis and xx xriting by Callaway Golf, in its sole and absolute discretion. Ashworth shall first present any closeout Licensed Products to the Axxxxxxx Outlet Stores before presenting the closeout Licensed Produxxx xx xhe Other Third-Party Stores.
(b) Further to the first sentence of Exhibit F-1, Ashworth and Callaway Golf agree that Ashworth shall pay a reduced rxxxxxx xate ox xxxxxxut sales. For purxxxxx xx the Agreement, "Closeout" shall mean a markdown of at least thirty percent (30%) off net wholesale. With respect to Closeout sales Ashworth shall pay Callaway Golf royalties equal to [**] of Closeout Xxx Xxxes for up to a maximum of [**] of the total Net Sales for each of:
Closeouts. Enrichment Services’ obligation to the City shall not end until all closeout requirements are completed under this agreement. Activities during this closeout period shall include, but are not limited to: making final payments, disposing of program assets (including the return of all unused materials, equipment, unspent cash advances, program income balances, and receivable accounts to the City) and determining the custodianship of records.
