Repayment of Funding. Organization must repay City: 4.4.01. In the event of a Default or Breach of this Agreement as outlined in Section 7.17; 4.4.02. If, at any time during the term of or upon expiration or termination of this Agreement, there remains an amount of funding that has not been expended or acquitted to City’s satisfaction in accordance with this Agreement, then this amount must be refunded by the Organization to City within twenty (20) business days of a written notice from City, or dealt with as directed in writing by City. Any amount owed to City under this section will be recoverable as a debt due to City without further proof of the debt.
Appears in 17 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Repayment of Funding. Organization must repay City:
4.4.01. In the event of a Default or Breach of this Agreement as outlined in Section 7.17;in
4.4.02. If, at any time during the term of or upon expiration or termination of this Agreement, there remains an amount of funding that has not been expended or acquitted to City’s satisfaction in accordance with this Agreement, then this amount must be refunded by the Organization to City within twenty (20) business days of a written notice from City, or dealt with as directed in writing by City. Any amount owed to City under this section paragraph will be recoverable as a debt due to City without further proof of the debt.
Appears in 6 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
