Common use of Post-Termination Adjustments Clause in Contracts

Post-Termination Adjustments. The Recipient acknowledges that under 2 C.F.R. 200.345–200.346, termination of the agreement does not extinguish the USDOT’s authority to disallow costs, including costs that USDOT reimbursed before termination, and recover funds from the Recipient.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Post-Termination Adjustments. The Recipient acknowledges that under 2 C.F.R. 200.345–200.346, termination of the agreement does not extinguish the USDOT’s authority to disallow costs, including costs that the USDOT reimbursed before termination, and recover funds from the Recipient.

Appears in 1 contract

Samples: Grant Agreement

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Post-Termination Adjustments. (a) The Recipient Designated Subrecipient acknowledges that under 2 C.F.R. 200.345–200.346, termination of the agreement does not extinguish the USDOT’s 's or Recipient's authority to disallow costs, including costs that the USDOT or Recipient reimbursed before termination, and recover funds from the RecipientDesignated Subrecipient.

Appears in 1 contract

Samples: Designated Subrecipient Agreement

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