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Common use of Repossession Clause in Contracts

Repossession. If for any reason the lien holder of the new equipment is required to repossess said equipment, the Participant shall be liable for the repayment of the Total Grant Award to the NSAQMD and agrees to reimburse the NSAQMD the full amount of the Total Grant Award as specified herein within 30 days of such repossession of said equipment.

Appears in 19 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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