Common use of RECAPTURE OF FUNDS Clause in Contracts

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 notwithstanding, the GLO may terminate the Contract and recapture and be reimbursed for any payments, including any unapproved expenditures, that the GLO makes that (a) exceed the maximum allowable rates; (b) are not allowed under applicable laws, rules, or regulations; or (c) are otherwise inconsistent with this Contract.

Appears in 24 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section SECTION 2.02 notwithstanding, Provider understands and agrees that the GLO may terminate the Contract and recapture and be reimbursed for any payments, including any unapproved expenditures, that payments the GLO makes that (ai) exceed the maximum allowable rates; (bii) are not allowed under applicable laws, rules, or regulations; or (ciii) are otherwise inconsistent with this Contract, including any unapproved expenditures.

Appears in 10 contracts

Samples: Architecture/Engineering Services Contract, Architecture/Engineering Services Contract, Architecture/Engineering Services Contract

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section SECTION 2.02 notwithstanding, the GLO may terminate the Contract and recapture and be reimbursed for any payments, including any unapproved expenditures, that payments the GLO makes that (ai) exceed the maximum allowable rates; (bii) are not allowed under applicable laws, rules, or regulations; or (ciii) are otherwise inconsistent with this Contract, including any unapproved expenditures.

Appears in 8 contracts

Samples: Consulting Services Contract, Grant Agreement, Grant Agreement

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 3.02 notwithstanding, the GLO may terminate the Contract and recapture recapture, and be reimbursed for Grantee must reimburse, any payments, including any unapproved expenditures, that payments made by the GLO makes that (ai) exceed the maximum allowable rates; (b) are not allowed under applicable laws, rules, or regulations; or (c) are otherwise inconsistent with this Contract.;

Appears in 5 contracts

Samples: Gomesa Grant Agreement, Grant Agreement, Grant Agreement

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 3.02 notwithstanding, the GLO may terminate the Contract and recapture recapture, and be reimbursed for Subrecipient must reimburse, any payments, including any unapproved expenditures, that payments made by the GLO makes that (ai) exceed the maximum allowable rates; (bii) are not allowed under applicable laws, rules, or and regulations; or (ciii) are otherwise inconsistent with this Contract, including any unapproved expenditures.

Appears in 4 contracts

Samples: Subrecipient Grant Agreement, Coastal Management Program Contract, Subrecipient Grant Agreement

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RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 notwithstanding, Provider understands and agrees that the GLO may terminate the Contract and recapture and be reimbursed for any payments, including any unapproved expenditures, that payments the GLO makes that (ai) exceed the maximum allowable rates; (bii) are not allowed under applicable laws, rules, or regulations; or (ciii) are otherwise inconsistent with this Contract, including any unapproved expenditures.

Appears in 2 contracts

Samples: Architecture/Engineering Services Contract, Architecture/Engineering Services Contract

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 notwithstanding, the GLO may terminate the Contract and recapture and be reimbursed for any payments, including any unapproved expenditures, that payments the GLO makes that (ai) exceed the maximum allowable rates; (bii) are not allowed under applicable laws, rules, or regulations; or (ciii) are otherwise inconsistent with this Contract, including any unapproved expenditures.

Appears in 1 contract

Samples: Services Agreement

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