Common use of Return of Unused Funds Clause in Contracts

Return of Unused Funds. Unless otherwise agreed upon by the Parties, upon termination of the Agreement, the SUBRECIPIENT and any subrecipients shall release the commitment of funds for any unused funds to the VIHFA within thirty (30) days of termination and ensure that no CDBG- DR funds are allocated for projects beyond the scope of this Agreement.

Appears in 1 contract

Samples: Subrecipient Agreement

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Return of Unused Funds. Unless otherwise agreed upon by the Parties, upon termination of the Agreement, the SUBRECIPIENT LSSVI and any subrecipients shall release the commitment of funds for any unused funds to the VIHFA within thirty (30) days of termination and ensure that no CDBG- CDBG-DR funds are allocated for projects beyond the scope of this ofthis Agreement.

Appears in 1 contract

Samples: Subrecipient Agreement

Return of Unused Funds. Unless otherwise agreed upon by the Parties, upon termination of the Agreement, the SUBRECIPIENT and any subrecipients shall release the commitment of funds for any unused funds to the VIHFA within thirty (30) days of termination and ensure that no CDBG- CDBG-DR funds are allocated for projects beyond the scope of this Agreement.

Appears in 1 contract

Samples: Subrecipient Agreement

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Return of Unused Funds. Unless otherwise agreed upon by the Parties, upon termination of the Agreement, the SUBRECIPIENT LSSVI and any subrecipients shall release the commitment of funds for any unused funds to the VIHFA within thirty (30) days of termination and ensure that no CDBG- CDBG-DR funds are allocated for projects beyond the scope of this Agreement.

Appears in 1 contract

Samples: Subrecipient Agreement

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