Common use of Prohibition against Disposition/Encumbrance Clause in Contracts

Prohibition against Disposition/Encumbrance. The Grantee is prohibited from, and may not sell, transfer, encumber (other than original financing) or otherwise dispose of said equipment, material, or real property during the Grant Term without Prior Approval of Grantor. Any real property acquired using Grant Funds must comply with the requirements of 2 CFR 200.311.

Appears in 47 contracts

Samples: Grant Agreement, Inter Governmental Grant Agreement, Grant Agreement

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Prohibition against Disposition/Encumbrance. The Grantee is prohibited from, and may not sell, transfer, encumber (other than original financing) or otherwise dispose of said equipment, material, or real property during the Grant Term without Prior Approval of Grantor. Any real property acquired using Grant Funds must comply with the requirements of 2 CFR 200.311.. SAMPLE

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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