Common use of Utilization of Funds Clause in Contracts

Utilization of Funds. If the Subrecipient fails to comply with the terms of this Agreement such as C. Implementation Schedule or the expenditure of 50% of obligated funds by the 3rd Quarterly Report, the Grantee can terminate this contract without giving a 30-day notice. See Section H.

Appears in 3 contracts

Samples: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement

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Utilization of Funds. If the Subrecipient fails to comply with the terms of this Agreement such as C. Implementation Schedule or the expenditure of 50% of obligated funds by the 3rd Quarterly Report, the Grantee can terminate this contract without giving a 30-day notice. See Section H.H. Suspension or Termination.

Appears in 1 contract

Samples: Subrecipient Agreement

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