Common use of Use of Award Funds Clause in Contracts

Use of Award Funds. Awardee may not use the Award Funds for any purpose other than the Project. Awardee may not use the Award Funds to reimburse any expenses incurred prior to the Effective Date. At IFT’s request, Awardee will repay any portion of the Award Funds and/or Income (as defined below) used or committed in material breach of this Agreement, as determined by IFT in its discretion.

Appears in 5 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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