Reversion of Unexpended Funds. Any unexpended grant funds shall revert to the Agency upon termination of this Contract.
Reversion of Unexpended Funds. Any funds not properly expended during the grant period shall lapse and revert to the Department.
Reversion of Unexpended Funds. The Grantee understands and agrees that any unexpended grant funds shall revert to the Department upon termination of this Agreement.
Reversion of Unexpended Funds. All funds granted by the Council under this Agreement that have not been expended for authorized Grant Project activities as described in paragraph 2.01 will revert to the Council.
Reversion of Unexpended Funds. (Applies to financial assistance contracts. Delete Section 8 if not applicable.)
Reversion of Unexpended Funds. Allocations not dispersed under this Contract shall revert to the DSWC upon the Contract’s expiration or termination.
Reversion of Unexpended Funds. Any funds not properly expended during the grant period shall lapse and revert to the Department. Project Income. No projects administered by the Department and funded through Federal funding sources should produce an income stream. See 2 C.F.R. 200.80 Program Income for definition of what is considered program income. If there is a possibility that the project will produce income, subrecipient must confer with FWP FACB prior to commencement of project. Cancellation of Award. Subrecipients are required to provide an implementation timeline with the Project description. Projects that do not include a timeline of implementation are subject to the following condition:
Reversion of Unexpended Funds. Any unexpended Grant monies shall revert to the NCLWF upon termination of the Grant Contract.
Reversion of Unexpended Funds. Any unexpended funds held by the Grantee upon termination or completion of this Grant shall be reported and reverted to the Grantor.
