Common use of Misspent Funding Clause in Contracts

Misspent Funding. At any time MPI 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 the Default Interest Rate from the date of the misspending to the date the money is repaid.

Appears in 5 contracts

Samples: Funding Agreement, Funding Agreement, Sustainable Farming Funding Agreement

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