Improper Expenditures. The Awardee expends Award funds on costs which are not Eligible Purposes in accordance with the RUS approved line item Project budget and the Form(s) 481 approved by RUS prior to the advance of funds;
Improper Expenditures. Any item of expenditure by Subrecipient under the terms of this Agreement for which a corresponding disbursement of the Subaward has been made that is found by auditors, investigators, other authorized representatives of BEAM, the U.S. Treasury, the Mississippi State Auditor or other federal or state instrumentality to be improper, unallowable, ineligible, in violation of federal or state law, or the terms of this Agreement, or involving any fraudulent, deceptive, or misleading representations or activities of Subrecipient, shall become Subrecipient’s liability, and shall be repaid by Subrecipient to BEAM, immediately upon notification of such; provided that the Subrecipient shall not use BEAM funds to satisfy such liability unless BEAM consents or so directs in writing. Notwithstanding the foregoing, if Subrecipient disputes the finding in writing to BEAM within 15 days of such notification, then repayment will not be due until immediately following notification of BEAM’s adverse determination of the dispute, which determination shall be in BEAM’s sole discretion. This provision shall survive the expiration or termination of this Agreement.
Improper Expenditures. In the sole discretion of Grantee, or its successor, Grantee, or its successor, may recapture from Subrecipient any amount of Grant Funds improperly expended, either deliberately or non-deliberately, by any person or entity.
