Common use of Misspent Funding Clause in Contracts

Misspent Funding. At any time the Ministry may recover the amount of any Funding that has been spent or used other than in accordance with this Agreement, together with interest on all such amounts calculated at 10% per annum from the date of the misspending to the date the money is repaid.

Appears in 54 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Misspent Funding. At any time the Ministry may recover the amount of any Funding that has been spent or used other than in accordance with this Agreement, together with interest on all such amounts calculated at 10% per annum from the date of the misspending to the date the money is repaid.

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Misspent Funding. At any time the Ministry may recover the amount of any Funding that has been spent or used other than in accordance with this Agreement, together with interest on all such amounts calculated at 10% per annum from the date of the misspending to the date the money is repaid.

Appears in 1 contract

Samples: Funding Agreement

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