Return of Grant Funds. City may demand the immediate return of any previously disbursed Grant Funds that have been claimed or expended by Grantee in breach of the terms of this Agreement, together with interest thereon from the date of disbursement at the maximum rate permitted under applicable law.
Return of Grant Funds. Any Grant Funds remaining that are not expended or legally obligated by Grantee, including those funds obligated pursuant to ARTICLE XVII, at the end of the Agreement period, or in the case of capital improvement Awards at the end of the time period Grant Funds are available for expenditure or obligation, shall be returned to Grantor within forty-five (45) days. A Grantee who is required to reimburse Grant Funds and who enters into a deferred payment plan for the purpose of satisfying a past due debt, shall be required to pay interest on such debt as required by Section 10.2 of the Illinois State Collection Act of 1986. 30 ILCS 210; 44 Ill. Admin. Code 7000.450(c). In addition, as required by 44 Ill. Admin. Code 7000.440(b)(2), unless granted a written extension, Grantee must liquidate all obligations incurred under the Award at the end of the period of performance.
Return of Grant Funds. Grantee must liquidate all Obligations incurred under the Award within forty-five (45) days of the end of the Period of Performance, or in the case of capital improvement Awards, within forty-five (45) days of the end of the time period the Grant Funds are available for expenditure or obligation, unless Grantor permits a longer period in PART
Return of Grant Funds. Any Grant Funds remaining that are not expended or legally obligated by Grantee at the end of the Agreement period, or in the case of capital improvement Awards at the end of the time period Grant Funds are available for expenditure or obligation, shall be returned to Grantor within forty-five (45) days. See 2 CFR 200.343(d); 2 CFR 200.305(b)(9); 30 ILCS 705/5.
Return of Grant Funds. On or before June 1, 2024 2025, SUB-RECIPIENT will provide a final report on the expenditure and encumbrance of all grant funds received to date. The SUB-RECIPIENT will return to MARC any unexpended or unencumbered funds as of June 15, 2024 2025.
Return of Grant Funds. Any Grant Funds remaining that are not expended or legally obligated by Grantee, including those funds obligated pursuant to ARTICLE XVII, at the end of the Agreement period, or in the case of capital improvement Awards at the end of the time period Grant Funds are available for expenditure or obligation, shall be returned to Grantor within forty-five (45) days. All obligations regarding Grant Funds management shall survive this Agreement’s termination or expiration. See 2 CFR 200.343(d); 2 CFR 200.305(b)(9); 30 ILCS 705/5. A Grantee who is required to reimburse Grant Funds and who enters into a deferred payment plan for the purpose of satisfying a past due debt, shall be required to pay interest on such debt as required by Section 10.2 of the Illinois State Collection Act of 1986. 30 ILCS 210; 44 Ill. Admin. Code 7000.450(c). In addition, as required by 44 Ill. Admin. Code 7000.440(b)(2), unless granted a written extension, Grantee must liquidate all obligations incurred under the Award at the end of the period of performance.
Return of Grant Funds. DEM may demand the immediate return of any previously disbursed Grant Funds that have been claimed or expended by San Mateo in breach of the terms of this Agreement, together with interest thereon from the date of disbursement at the maximum rate permitted under applicable law.
Return of Grant Funds. The City may institute an action for specific performance or demand the immediate return of previously disbursed Grant Funds.
Return of Grant Funds. The Company shall repay the Grant to the City within thirty (30) days of the City’s written demand for repayment of the Grant if Owner falsely certifies that it has meet the performance criteria for a particular tax year in its annual certification and reports submitted to the City under Section V.
Return of Grant Funds. (a) The grantee shall return any or all of the grant award that is not spent by June 30, 2024, the end of the fiscal year for which the grant is awarded.
(b) In the event the grantee fails to fulfill the requirements of this contract, United Arts reserves the right to reduce or withhold any and all payment(s) until such time as United Arts, within its judgment, is satisfied that the grantee can fulfill the terms of this contract. If United Arts is not satisfied that the grantee can fulfill the terms of this contract, and if the grantee has previously received any funds from United Arts, the grantee shall reimburse United Arts to the full extent of payments made to the grantee by United Arts.
(c) United Arts reserves the right to reduce payment(s) in order to recover funds due to United Arts from the grantee. United Arts reserves the right to withhold payments or to require a refund of any unexpended grant funds if, within its judgment, such action is necessary to comply with the requirements of any law or regulation.
(d) There shall be no variance from this contract without prior written approval of United Arts. If any such change, substitution or variance shall occur, United Arts shall have the right to reduce its obligation under this contract to the extent it judges itself damaged (which judgment shall be conclusive and binding upon the grantee), or United Arts may terminate this contract and thereafter have no further obligation to the grantee.
(e) United Arts shall not be responsible or liable for any deficit arising from the operation of the grantee.
(f) If the grantee is unable to complete the funded activities by virtue of any act or regulation of any public authority, or on account of war, labor difficulties, strikes, riots, epidemics, interruption of transportation services, acts of God, or that portion of the amount stated above to the grantee to the extent that the grantee incurred expenses or obligations in connection with the activities, and only to the extent to which obligations could not otherwise be discharged due to the occurrence of one of the above circumstances; and likewise, the grantee shall reimburse to United Arts any amount advanced by United Arts and not so expended or obligated to be spent to that extent stated herein.
