Interest on Accountable Advances. The Recipient will record any interest earned on the Accountable Advances separately from the Recipient’s other records. Unless otherwise provided for in this Agreement, on the earlier of 30 calendar days of a request from FII to do so, or upon submission to FII of the annual statement (as described in Schedule 2 (Project Proposal, Budget and Reporting)), the Recipient will return to FII: (a) any unexpended FII Project Funding that has been advanced to the Recipient; and (b) all interest accrued or earned on the Accountable Advances.
Appears in 4 contracts
Samples: Recipient Agreement, Recipient Agreement, Recipient Agreement
