Common use of Recovery of Grant Funds Clause in Contracts

Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation of one or more of the provisions of this Agreement (“Misspent Funds”) must be returned to ODOT. Recipient shall return all Misspent Funds to ODOT promptly after ODOT’s written demand and no later than fifteen (15) days after ODOT’s written demand.

Appears in 7 contracts

Samples: Master Grant Agreement, Master Grant Agreement, Master Grant Agreement

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Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation of one or more of the provisions of this Agreement (“Misspent Misexpended Funds”) must be returned to ODOT. Recipient shall return all Misspent Misexpended Funds to ODOT promptly after ODOT’s written demand and no later than fifteen (15) days after ODOT’s written demand.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Recovery of Grant Funds. Any Grant Funds disbursed to Recipient under this Agreement that are expended in violation or contravention of one or more of the provisions of this Agreement (“Misspent Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must be returned to ODOT. Recipient shall return all Misspent Misexpended Funds to ODOT promptly after ODOT’s written demand and no later than fifteen (15) days after ODOT’s written demand.

Appears in 1 contract

Samples: Grant Agreement

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