Effect of Project Closeout or Termination. Project closeout or termination of this Agreement does not invalidate continuing obligations imposed on the Subrecipient by this Agreement. Project closeout or termination of this Agreement does not alter: (1) the Council’s authority to disallow costs and recover Grant Funds on the basis of a later audit or other review; or (2) the Subrecipient’s obligation to promptly return any Grant Funds due to the Council as a result of later refunds, correction, or other transactions.
Appears in 3 contracts
Samples: Metropolitan Council Subrecipient Grant Agreement, Metropolitan Council Subrecipient Grant Agreement, Metropolitan Council Subrecipient Grant Agreement
Effect of Project Closeout or Termination. The Subrecipient agrees that Project closeout or termination of this Agreement does not invalidate continuing obligations imposed on the Subrecipient by this Agreement. Project closeout or termination of this Agreement does not alter: (1) alter the Council’s authority to disallow costs and recover Grant Funds funds on the basis of a later audit or other review; or (2) review and does not alter the Subrecipient’s obligation to promptly return any Grant Funds funds due to the Council as a result of later refunds, correction, or other transactions.VtrIaI.nsactCiOonNsT. ACT PERSONS; PROJECT MANAGER
Appears in 1 contract
Samples: Subrecipient Agreement
