Common use of Recovery of Cost Clause in Contracts

Recovery of Cost. A The parties agree that NRCS will incur substantial costs in administering this Contract. The parties further agree that in the event a landowner violates the terms of this Contract, the landowner voluntarily terminates this Contract before any contractual payments have been made, or this Contract is terminated with cause by NRCS, the NRCS is entitled to be reimbursed for these costs. B The landowner may be required by the NRCS to refund all or a portion of any assistance earned under the program if the landowner sells or loses control of the land under this Contract and the new owner or transferee refuses to assume responsibility under the Contract.