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 (“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 Misexpended Funds to ODOT promptly after ODOT’s written demand and no later than fifteen (15) days after ODOT’s written demand. Recipient shall return all Unexpended Funds to ODOT within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 2 contracts

Samples: Draft Agreement, Draft 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 (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must be returned to ODOTODA. Recipient shall return all Misexpended Funds to ODOT ODA promptly after ODOTODA’s written demand and no later than fifteen (15) days after ODOTODA’s written demand. Recipient shall return all Unexpended unexpended Grant Funds to ODOT ODA within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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 (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must shall be returned to ODOTODA. Recipient shall return all Misexpended Funds to ODOT ODA promptly after ODOTODA’s written demand and no later than fifteen (15) days after ODOTODA’s written demand. Recipient shall return all Unexpended unexpended Grant Funds to ODOT ODA within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 1 contract

Samples: 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 (“Misexpended Funds”) or that remain unexpended on the earlier of the Availability Termination Date or termination of this Agreement must shall be returned to ODOTODA. Recipient shall return all Misexpended Funds to ODOT ODA promptly after ODOTXXX’s written demand and no later than fifteen (15) days after ODOTXXX’s written demand. Recipient shall return all Unexpended unexpended Grant Funds to ODOT ODA within fourteen (14) days after the earlier of the Availability Termination Date or termination of this Agreement.

Appears in 1 contract

Samples: Grant Agreement

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