Common use of Recovery of Grant Monies Clause in Contracts

Recovery of Grant Monies. Grantee shall repay Agency all Grant Monies if Grantee has not cured any default under Section 11 hereof within 30 days of notice of default by Agency, or such other longer period as may be set by Agency in its notice of default. Agency’s notice that Grantee is in default shall specify a deadline for the repayment of the Grant Monies.

Recovery of Grant Monies. Grantee shall repay Agency all Grant Monies if Grantee has not cured any default under Section 11 12 hereof within 30 days of notice of default by Agency, or such other longer period as may be set by Agency in its notice of default. Agency’s notice that Grantee is in default shall specify a deadline for the repayment of the Grant Monies.