Common use of RESCISSION OF AUTHORIZATION OF FUNDS Clause in Contracts

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.

RESCISSION OF AUTHORIZATION OF FUNDS. TAM reserves the right to rescind its authorization of that portion of the grant FUNDS that are unneeded grant funds prior to, or at the time of, PROJECT project closeout. Funds FUNDS are determined to be unneeded if they are uncommitted at time of project closeout. Uncommitted funds are FUNDS that have been authorized but are in excess of that total eligible costs incurred by RECIPIENT.

RESCISSION OF AUTHORIZATION OF FUNDS. TAM reserves the right to rescind its authorization of unneeded that portion of the grant funds that are unneeded prior to, or at the time of, PROJECT Project closeout. Funds are determined to be unneeded if they are uncommitted at time of project Project closeout. Uncommitted funds are funds that have been authorized but are in excess of that total eligible costs incurred by RECIPIENT.

RESCISSION OF AUTHORIZATION OF FUNDS. TAM reserves the right to rescind its authorization of unneeded that portion of the grant funds that are unneeded prior to, or at the time of, PROJECT project closeout. Funds are determined to be unneeded if they are uncommitted at time of project closeout. Uncommitted funds are funds that have been authorized but are in excess of the total eligible costs incurred by COUNTY.