Misuse of Funds. It shall also be an Event of Default under the Contract, if Subrecipient uses any portion of the funds in a manner inconsistent with the Contract.
Misuse of Funds. The use of any of the funds provided under this Agreement for a purpose other than those expressly stated herein may subject the EMPLOYER to criminal prosecution, administrative sanctions, and liability for repayment of the misused funds.
Misuse of Funds. When the SVWDB receives WIOA funds, the Commonwealth also provides an allocation (the “Allocation”) stating the percentage of such funds that are attributable to services provided to each Locality. As required under WIOA, each Locality shall be responsible, on a pro rata basis in accordance with the Allocation, for any misuse of funds received by the SVWDB under WIOA. Designation of a Locality or other entity as local grant recipient or fiscal agent does not relieve any other Locality from liability for any misuse of WIOA funds.
Misuse of Funds. It shall also be an Event of Default under this Agreement and the City shall be irreparably harmed by such default, if Metro uses any portion of the City funds in a manner materially inconsistent with the purposes of this Agreement or in violation of applicable laws, statues, or rules.
Misuse of Funds. When the CRWDB receives WIOA funds, the Commonwealth also provides an allocation (the “Allocation”) stating the percentage of such funds that are attributable to services provided to each Locality. As required under WIOA, each Locality shall be responsible, on a pro rata basis in accordance with the Allocation, for any misuse of funds received by the CRWDB under WIOA. Designation of a Locality or other entity as local grant recipient or fiscal agent does not relieve any other Locality from liability for any misuse of WIOA funds.
Misuse of Funds. Any person who knowingly misapplies the proceeds of a loan or other cash benefit obtained under this Act shall be fined an amount equal to one and one-half times the misapplied amount of the proceeds or cash benefit.
Misuse of Funds. Procedures In accordance with GPE’s Policy on Misuse of Trust Funds, which requires that he Board only choose agencies with robust policies and procedures for addressing Misuse to act as Supervising Entities or Implementers, the entity can demonstrate competence to deal with financial mismanagement and other forms of malpractice. • The entity has clear written policies and procedures regarding issues of misuse of funds. There is a system of adequate safeguards to provide reasonable assurance as to the protection of assets, including the GPE grant, from loss, fraud, waste and abuse at every step of the grant life cycle. • The entity has publicly available avenues to confidentially report suspected fraud or misuse of funds. • The entity has the ability to ensure independent, objective investigation of allegations of misuse • The entity has terms and conditions in its agreements with sub-recipients and contractors in relation to the ability to recover funds in cases of misuse.
Misuse of Funds. Recipient uses any portion of the funds in a manner inconsistent with the Contract.
Misuse of Funds. The use of any of the funds provided under this Agreement for a purpose other than those expressly stated herein may subject the eMployer to criminal prosecution, administrative sanctions, and liability for repayment of the misused funds.
Misuse of Funds. Contractor shall report to the Division Contract Management Unit assigned to the Contract and to the State Auditor’s Office (SAO), any knowledge of debarment, suspected fraud, program abuse, possible illegal expenditures, unlawful activity, or violation of financial laws, rules, policies and procedures related to performance under this Contract. Contractor shall make such report no later than three (3) working days from the date of discovery. Contractor shall make the report to the SAO at (800) TX-AUDIT, or by Internet at xxxx://xxx.xxx.xxxxx.xx.
