Common use of Return of Unexpended Funds Clause in Contracts

Return of Unexpended Funds. In the event the City determines that the Contractor possesses an unexpended balance of funds from any advance payments made to the Contractor, then all such unexpended advanced funds will be returned to the City within ten (10) days written notice to the Contractor. The City’s acceptance of any such amounts shall not constitute a waiver of any claim that the City may otherwise have arising out of this Agreement.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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