Common use of Term of Agreement and Performance Milestones Clause in Contracts

Term of Agreement and Performance Milestones. A. Term of Agreement: With the exception of the grant closeout procedures set forth in Exhibit B, Section 6, the Subrecipient shall complete the Approved Project(s) activities on or before the expenditure deadline identified below. Time is of the essence in order to ensure complete and compliant Projects before grants close out. All Project applications must be submitted to the Department by: 12/31/2022. Upon review and approval or rejection of all Project applications, the Department reserves the right to reallocate unobligated Grant Funds within the DR-MHP program, at its sole and absolute discretion. Expenditure Deadline: All Grant Funds must be expended by: August 31, 2026 This Agreement will expire on: August 31, 2051

Appears in 7 contracts

Samples: Standard Agreement, Standard Agreement Agreement, Standard Agreement Agreement Number

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!