Common use of Recovery of Funds Clause in Contracts

Recovery of Funds. In the event that this Contract is terminated, the Board shall be entitled to recover all funds advanced to Contractor for which Contractor has not yet performed services. Such recovery shall be made on a pro rata basis based on the length of the term of this Contract and the length of time services were performed by Contractor. This recovery by the Board shall not be affected by whether Contractor has already spent the funds advanced by the Board. The decision of the Board shall be final.

Appears in 32 contracts

Samples: Behavioral Reassignment Contract, Behavioral Reassignment Contract, Behavioral Reassignment Contract

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