Common use of Recovery of Misexpended Funds or Nonexpended Funds Clause in Contracts

Recovery of Misexpended Funds or Nonexpended Funds. Any Grant Funds disbursed to Recipient under this Agreement that are either (i) disbursed but unexpended as of the Expiration Date ("Unexpended Funds") or (ii) expended in violation or contravention of one or more of the provisions of this Agreement ("Misexpended Funds") must be returned to State. Recipient shall return all Misexpended Funds to State no later than 15 days after State's written demand. Recipient shall return all Unexpended Funds to State within 15 days after the earlier of expiration or termination of this Agreement.

Appears in 5 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net, archive.ci.sandy.or.us

AutoNDA by SimpleDocs

Recovery of Misexpended Funds or Nonexpended Funds. Any Grant Funds funds disbursed to Recipient under this Agreement that are either (i) disbursed but unexpended as of the Expiration Date ("Unexpended Funds") or (ii) expended in violation or contravention of one or more of the provisions of this Agreement ("Misexpended Funds") must be returned to State. Recipient shall return all Misexpended Funds to State no later than 15 days after State's written demand. Recipient shall return all Unexpended Funds to State within 15 days after the earlier of expiration or termination of this Agreement.

Appears in 2 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, legistarweb-production.s3.amazonaws.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.