Common use of Maximum Clawback Amount Clause in Contracts

Maximum Clawback Amount. In no event shall the total amount clawed back under Section 8.4 above exceed the total amount of the Grant actually funded to Grantee, plus interest as described herein and attorneys’ fees and costs incurred by Triumph in connection with enforcing this Agreement and/or the Mortgage. Grantee and Triumph acknowledge and agree that

Appears in 2 contracts

Samples: Grant Award Agreement, Grant Award Agreement

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Maximum Clawback Amount. In Excluding interest as described in Section 8.4 above, in no event shall the total amount clawed back under Section 8.4 above exceed the total amount of the Grant actually funded to Grantee, plus interest as described herein and attorneys’ fees and costs incurred by Triumph in connection with enforcing this Agreement and/or the Mortgage. Grantee and Triumph acknowledge and agree thatthat any amounts clawed back under Section 8.4 above are intended as a repayment of Grant funds

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Maximum Clawback Amount. In Excluding interest, in no event shall the total amount clawed back under Section 8.4 above exceed the total amount of the Grant actually funded to Grantee, plus interest as described herein and attorneys’ fees and costs incurred by Triumph in connection with enforcing this Agreement and/or the Mortgage. Grantee and Triumph acknowledge and agree thatthat any amounts clawed back under Section 8.4 above are intended as a repayment of Grant funds conditionally funded to Grantee and

Appears in 1 contract

Samples: Grant Award Agreement

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