Repayment of Grant Funds i. If the Grantee does not use the Grant as required by Section 2(c), then the Grantee must repay the County within 60 days of the Grantee’s final report.
ii. If the Grantee ceases operation before the end of the Grant Period, the Grantee must notify the County Contact Person and must complete the Final Report and repay any unused portion of the Grant to the County within 30 days of closure.
Repayment of Grant Funds. (i) If the Business closes or moves its primary principal office address out of the County before the Interim Performance Report is due, the Business will be required to repay all funds received from the Grant Program. If the Business closes or moves its principal office address out of the County after submitting a timely Interim Performance Report but before the end of the Grant Term, the Business will be required to repay 50% of the funds received from the Grant Program.
(ii) If the Business fails to submit its Initial Performance Report within 60 days of the due date, the Business will be required to repay all funds received from the Grant Program, and the XXX will not disburse the remaining 50% of the Grant. If the Business fails to submit its Interim Performance Report within 60 days of the due date, the Business will be required to repay all of funds received from the Grant Program. If the Business fails to submit its Final Performance Report within 60 days of the due date, the Business will be required to repay 50% of the funds received from the Grant Program.
(iii) If the Business is found to have used Grant funds for illegal or otherwise unauthorized purposes, as detailed in Section 1(e), the Business will be required to repay all funds received from the Grant Program.
(iv) If the Business is later revealed to have been untruthful in its application materials, the Business will be required to repay all funds received from the Grant Program.
Repayment of Grant Funds. 17.1 If:
17.1.1 on the expiry or any early termination of this Agreement, any Grant Funds that:
(a) remain Unspent by the Grantee or unspent by the Grantee in accordance with this Agreement; or
(b) cannot, by reconciliation between the accounts and records maintained by the Grantee (as reported to APIDTT by the Grantee in any of the financial statements referred to in clause 10) and the Budget, be shown to the reasonable satisfaction of APIDTT to have been spent or Committed in accordance with this Agreement; or
(c) at any time APIDTT forms the reasonable opinion that any Grant Funds have been used, spent or Committed by the Grantee other than in accordance with this Agreement, APIDTT may by written notice to the Grantee require the Grantee to repay that part of the Grant Funds, and the Grantee must repay to APIDTT the amount specified in the notice within 20 Business Days of the date of the notice.
17.2 If the Grantee fails to repay the Grant Funds in accordance with a notice issued under clause 17.1:
17.2.1 the Grantee must pay APIDTT Interest on the amount specified in the notice from the date it was due, for the period it remains unpaid; and
17.2.2 the amount specified in the notice, and Interest owed under this clause will be recoverable by APIDTT as a debt due to APIDTT by the Grantee.
17.3 The Grantee acknowledges that Interest payable under clause 17.2 represents a reasonable pre- estimate of the loss incurred by XXXXXX as a result of the loss of investment opportunity for, or the reasonable cost of borrowing other money in place of, the amount which should have been repaid.
17.4 This clause 17 survives the expiration or early termination of this Agreement.
Repayment of Grant Funds. If the Business has received, or receives after time of application, other relief funding to cover duplicate operating expenses for the Grant is provided, Business must repay such duplicate amount to Charitable Ventures by December 31, 2024.
Repayment of Grant Funds. (i) If the Business/Nonprofit has received, after time of application, other relief funding to cover duplicate operating expenses Business must repay the $20,000 grant amount to the County by November 30, 2021.
(ii) If the Business has any reimbursed expenses deemed ineligible for American Rescue Plan Act funds by the federal government or COUNTY, such funds must be repaid to the County by November 30, 2021.
Repayment of Grant Funds. Upon notification from OPSC of amounts to be repaid to the state, the Grantee shall remit a warrant in the amount due within 60 calendar days. All Grantees are subject to State and Federal conflict of interest laws. Failure to comply with these laws, including business and financial disclosure provisions, will result in the Grant being rejected and any subsequent contract being declared void. Other legal action may also be taken. Applicable statutes include, but are not limited to, Government Code, Section 1090 and Public Contract Code, Sections 10410 and 10411, for State conflict of interest requirements.
Repayment of Grant Funds. If, after the City’s disbursement of the Grant funds, the City determines that the Company failed to comply with any of the terms and conditions of this Agreement, the City may, in its sole and absolute discretion, require the Company to repay all or any portion of the Grant funds to the City within thirty (30) days after written notice from the City to repay the Grant funds. This paragraph shall survive expiration or earlier termination of this Agreement.
Repayment of Grant Funds. If the Grantee within ten (10) years from the date of this Grant Agreement becomes affiliated with or transfers the project to any non-priority purchaser, the Grantee shall reimburse HUD for the difference between the total amount of the Grant Funds listed in Article I. of this Agreement and the assistance HUD would have provided to a non-priority purchaser, in accordance with 24 C.F.R. § 248.157(p). ARTICLE XVIII.
Repayment of Grant Funds. CB 29.1 The Grantee must, in relation to each subcontract with a Hub Member or Network Partner:
(a) take all reasonable steps to recover from the subcontractor any Grant amount that it is required to pay to the Grantee under its subcontract (as well as the Grantee’s reasonable costs of recovering that amount from the subcontractor); and
(b) only agree to waive any payment or other obligation, or write off any amount, that the subcontractor owes to Grantee under the subcontract if the Grantee has obtained the Commonwealth’s prior and express written approval to that waiver or write off. The Commonwealth may attach conditions to that approval, in which case you must comply with those conditions. CB29.2 Subject to clause CB29.3, if the Grantee has a Grant amount that it will not pay to the intended subcontractor, or that the Grantee has recovered from a subcontractor, prior to the Activity Completion Date, the Grantee must either:
(a) use that Grant amount for the Activity as agreed by the Commonwealth in writing; or
(b) where the Commonwealth has not agreed to the alternate use of the Grant amount under paragraph (a), repay the Grant amount to the Commonwealth within [60] days of the Grantee becoming aware that the Grant amount will not be paid to the intended subcontractor or the Grantee’s recovery of the Grant amount (whichever applies).
Repayment of Grant Funds. Should termination occur for the facility’s breach or in accordance with clauses 11.2 or 11.3, repayment of any remaining Grant Funds may be required.
