Common use of Merging Entities Clause in Contracts

Merging Entities. If GRANTEE merges with an organization that is currently receiving grant funds for the same purpose, directly from the OAG, (an “eligible organization”) and the merger is completed during the current contract term, the standing organization may seek reimbursement for the remaining OAG funding of the dissolving organization in addition to the standing organization’s current funding.

Appears in 4 contracts

Samples: Other Victim Assistance Grant Contract, Other Victim Assistance Grant Contract, Grant Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!