Rescission of Authorization of Funds Sample Clauses

Rescission of Authorization of Funds. TAM reserves the right to rescind its authorization of unneeded grant funds prior to, or at the time of, PROJECT closeout. Funds are determined to be unneeded if they are uncommitted at time of project closeout.
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Rescission of Authorization of Funds. The TRANSPORTATION AUTHORITY reserves the right to rescind its authorization of unneeded GRANT funds prior to, or at the time of, PROJECT closeout. Funds are determined to be unneeded if they are uncommitted at time of project closeout.
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Rescission of Authorization of Funds. The TRANSPORTATION AUTHORITY reserves the right to rescind its authorization of unneeded GRANT funds prior to, or at the time of, PROJECT closeout. Funds are determined to be unneeded if they are uncommitted at time of project closeout. The TRANSPORTATION AUTHORITY reserves the right to terminate its authorization of GRANT funds if RECIPIENT has not submitted an invoice to the TRANSPORTATION AUTHORITY against such GRANT for 24 months. The TRANSPORTATION AUTHORITY shall notify the RECIPIENT at 12 months and 6 months prior to when such GRANT is at risk of termination due to lack of invoicing. If RECIPIENT is not able to submit an invoice to the TRANSPORTATION AUTHORITY against such GRANT for 24 months, the RECIPIENT may request, through the online grants portal, an exception to allow such GRANT to remain authorized. Exceptions may be made at the sole discretion of the TRANSPORTATION AUTHORITY.
Sample 1Sample 2Sample 3
Rescission of Authorization of Funds. The AUTHORITY reserves the right to rescind its authorization of unneeded GRANT funds prior to, or at the time of, PROJECT closeout. Funds are determined to be unneeded if they are uncommitted at time of project closeout.
Sample 1

Related to Rescission of Authorization of Funds

  • Limitation of Authority No person is authorized to make any representations concerning the Funds or the Shares except those contained in the Prospectus of each Fund and in such printed information as the Distributor may subsequently prepare. No person is authorized to distribute any sales material relating to any Fund without the prior written approval of the Distributor.