Common use of De-obligation of Final Disbursements Clause in Contracts

De-obligation of Final Disbursements. Grantee shall, in a manner prescribed by XXXX, positively confirm its need for the final two monthly installments of any applicable grant award or indicate the amount that may be de-obligated. In the absence of positive confirmation, TJJD may suspend disbursements to Grantee. Upon confirmation, TJJD shall disburse the appropriate payment. Any funds withheld under this section may not be permanently de-obligated without the consent of Grantee.

Appears in 3 contracts

Samples: State Aid and Targeted Grants Contract, State Aid and Targeted Grants Contract, State Aid and Targeted Grants Contract

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De-obligation of Final Disbursements. Grantee shall, in a manner prescribed by XXXX, positively confirm its need for the final two monthly installments of any applicable grant award or indicate the amount that may be de-de- obligated. In the absence of positive confirmation, TJJD may suspend disbursements to Grantee. Upon confirmation, TJJD shall disburse the appropriate payment. Any funds withheld under this section may not be permanently de-obligated without the consent of Grantee.

Appears in 1 contract

Samples: State Aid and Targeted Grants Contract

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