Common use of Excess of Payments Clause in Contracts

Excess of Payments. If it is found that the total payments to the Sponsor exceed the State's share of allowable project costs, the Sponsor shall promptly return the excess to the State. Final determination of the State's share of allowable costs shall rest solely with the State. Any reimbursement to the Sponsor by the State not in accordance with this Agreement or unsubstantiated by project records will be considered ineligible for reimbursement and shall be returned promptly to the State.

Appears in 6 contracts

Samples: Airport Development Reimbursable Grant Agreement, Airport Development Reimbursable Grant Agreement, Airport Development Reimbursable Grant Agreement

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