Common use of NON-EXPENDABLE PERSONAL PROPERTY Clause in Contracts

NON-EXPENDABLE PERSONAL PROPERTY. After the termination of the Agreement, Grantee may continue to use any Non-Expendable Personal Property acquired under the Agreement in the Grant Project as long as needed, whether or not the project continues to be supported by grant funds. In the alternative, Grantee may sell the property and reinvest the proceeds in the Grant Project.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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NON-EXPENDABLE PERSONAL PROPERTY. After the termination of the Agreement, Grantee may continue to use any Non-Expendable Personal Property acquired under the Agreement in the Grant Project as long as needed, whether or not the project Project continues to be supported by grant funds. In the alternative, Grantee may sell the property and reinvest the proceeds in the Grant Project.

Appears in 1 contract

Samples: Grant Agreement

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