Reversion to DHCD of HPRP Program Assistance Sample Clauses

Reversion to DHCD of HPRP Program Assistance. Upon default by the Grantee under the terms of Section D above, which has not been cured according to a time limit established by DHCD in its sole and reasonable discretion, the Grantee shall transfer to DHCD, upon receipt of DHCD's written request and according to DHCD written instructions, any HPRP Program funds in its possession (whether or not committed), any accounts receivable attributable to the use of HPRP funds and that portion of any income directly generated by (or the prorated proportion of) HPRP funds for the activities described in this Agreement. Moreover, upon termination of this Agreement, as contained in the Paragraphs above and/or upon final completion of the projects and activities for which HPRP funds have been given by DHCD, the Grantee shall transfer any unspent, excess or surplus HPRP funds to DHCD upon request.
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