De-obligation of Funds Sample Clauses
De-obligation of Funds. Once the Project has been completed, FRA reserves the right to de- obligate unspent FRA funds prior to Project closeout.
De-obligation of Funds. If any County, State of Florida or Federal funding in support of this Contract becomes unavailable, this Contract shall terminate immediately upon written notice from the County to the Employer. In the event of such termination, Employer shall be entitled to reimbursement, as set forth in Section 4 above, through the date that the County sends the notice to the Employer.
De-obligation of Funds. The Recipient agrees that the Federal Government may de-obligate unexpended Federal funds before Project closeout.
De-obligation of Funds. FMCSA reserves the right to unilaterally de-obligate any remaining grant or cooperative agreement funds due to the time elapsed since the effective date, lack of payment vouchers from the Recipient, lack of plans to expend funds based on this grant, failure to provide quarterly progress reports, or other such determination made by FMCSA. If the recipient accedes to de- obligation, a grant amendment/modification must be in place.
De-obligation of Funds. The Grantee agrees that the Department may de-obligate unexpended Federal and State funds before Project closeout.
De-obligation of Funds. The Contractor agrees that the Department may de-obligate unexpended State funds before Project closeout.
De-obligation of Funds. “De-obligation of Funds” refers to CHFA’s right to rescind its obligation to disburse funds awarded to a Sub-Grantee for reasons such as underperformance, non-compliance, end of grant period, breach of this Sub-Grant Agreement, violation of state, federal and/or local law, fraud or willful misconduct, or change in eligibility status.
De-obligation of Funds. The Subrecipient agrees that the Department may de- obligate unexpended Federal and State funds for grants that are inactive for six months or more.
De-obligation of Funds. Contract funds obligated under this contract may be de- obligated and no longer available, owed, or due to Contractor should Contractor fail to meet any of the terms of this contract.
De-obligation of Funds. Subcontractor acknowledges and agrees that Prime Contractor reserves the sole and unilateral authority to execute Task Order modifications providing for the de-obligation of unexpended dollar or fund balances considered to be in excess of Subcontract or Task Order requirements.