Common use of Encumbrance of Project Property Clause in Contracts

Encumbrance of Project Property. The State Recipient agrees to maintain satisfactory continuing control of Project property in accordance with State law and procedures. The State Recipient understands that an encumbrance of project property may not interfere with the purpose for which the equipment was purchased. The Non-State Recipient agrees to maintain satisfactory continuing control of Project property as follows:

Appears in 6 contracts

Samples: Grant Agreement, Grant Agreement, Safety Administration Grant Agreement

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