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 23 contracts

Samples: Restriction Agreement, Glo Contract, Glo Contract

AutoNDA by SimpleDocs

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: s3.glo.texas.gov, s3.glo.texas.gov, s3.glo.texas.gov

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, Glo Contract, Glo Contract

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 SECTION 3.02 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: Project Cooperation Agreement

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 by Provider for any payments, including any unapproved expenditures, that payments the GLO makes that 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: destinyhosted.com

AutoNDA by SimpleDocs

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 made by 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, including any unapproved expenditures.

Appears in 1 contract

Samples: Glo Contract

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 SECTION 3.02 notwithstanding, the GLO may terminate the Contract and recapture recapture, and be reimbursed for for, 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 1 contract

Samples: Subrecipient Grant Agreement

RECAPTURE OF FUNDS. The discretionary right of the GLO to terminate for convenience under Section 2.02 as provided in the Uniform General Conditions notwithstanding, Contractor 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 1 contract

Samples: Major Construction Contract

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!