Common use of FUNDS AT THE END OF A FUNDING YEAR Clause in Contracts

FUNDS AT THE END OF A FUNDING YEAR. 15.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 14, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province may: (a) demand the return of the unspent Funds; or (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 5 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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FUNDS AT THE END OF A FUNDING YEAR. 15.1 16.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 1415.0, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) a. demand the return of the unspent Funds; orand (b) b. adjust the amount of any further instalments of Funds accordingly.

Appears in 3 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 16.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 1415.0, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand the return of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 2 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 A16.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 14A15.0, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand the return of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 2 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 1415.0, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand the return of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Transfer Payment Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 14, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand the return of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Service Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 14, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand from the return Recipient payment of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Funding Agreement

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FUNDS AT THE END OF A FUNDING YEAR. 15.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 1414.0 (Event of Default, Corrective Action and Termination for Default), if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand the return of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Community Transportation Pilot Grant Program Transfer Payment Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 16.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 1415.0, if the Recipient Corporation of the City of Brantford has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province maymay take one or both of the following actions: (a) demand the return of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Transfer Payment Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 13.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 1412, if the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the Budget, the Province may: (a) demand the return of the unspent Funds; or (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Funding Agreement

FUNDS AT THE END OF A FUNDING YEAR. 15.1 A. 13.1 Funds at the End of a Funding Year. Without limiting any rights of the Province under Article 14A.12.0 (Event of Default, if Corrective Action, and Termination for Default), if, in respect of any Project, the Recipient has not spent all of the Funds allocated for the Funding Year as provided for in the BudgetBudget for that Project, the Province maymay take one or both of the following actions: (a) demand from the return Recipient payment of the unspent Funds; orand (b) adjust the amount of any further instalments of Funds accordingly.

Appears in 1 contract

Samples: Consent and Assignment Agreement

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