Common use of Recovery of Grant Moneys Clause in Contracts

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

Recovery of Grant Moneys. Any Grant Funds disbursed to Grantee under this Agreement that are expended in violation or contravention of one or more of the provisions of this Agreement (“Misexpended Funds”) or that remain unexpended on the earlier of termination of this Agreement or the Project End Date must be returned to DLCD. Grantee shall return all Misexpended Funds to DLCD promptly after DLCD’s written demand and no later than fifteen thirty (1530) days after DLCD’s written demand. Grantee shall return all Unexpended Funds to DLCD within fifteen thirty (1530) days after the earlier of termination of this Agreement or the Project End Date.